Accounting and Finance

How do i distribute add-on costs?

Add-on Cost Master Menu Path: Accounting > Masters > Add-on costs Note: Product Master Menu Path: Products > Masters > Products Note:  Purchase Order Menu Path: Purchases >...

Steps to do Bank Reconciliation

Bank reconciliation is the act of comparing your bank account with the bank statement, locating the differences, and adjusting or settling the differences to bring...

How do i process payments as a batch? 

A pop-up with journal # will be created, Click on Yes

How do i track budgets and actuals?

Step 1 : Menu Path: Accounts > Accounts > In Accounting list select  a “Detail Account” and Check “Allow Budget Tracking” > Save  Step 2 : ...

How do i email an invoice to customer?

1. Sales Order to Sales Invoice Menu Path>> Sales Module > Sales Order List > Select a Sales Order >Menu > Process > Invoice 2....

How do i reconcile physical stock count?

Stock Taking( Cycle Count) Cycle Count is done to keep track of the stock count and to make the necessary adjustments as and when required. The ‘Stock Taking’...

How do i process credit card payments?

Processor Setup Menu Path:  Finance > CC/ACH Processor Master > Create New Processor > Enter Processor Code and Description > Select the Service Provider > Save ...

How do i refund a credit card payment?

Menu Path:  Sales > Sales Invoice > Sales invoicing Listing > Open the Sales Invoice > Menu > Payment > Refund Select the payment method >...

Where do i define payment methods?

Define and Review Payment Methods

How to email invoices to customers?

Review and Email relevant CRM and Sales MIS Report from BackOffice CRM MIS Reports Menu Path >> BackOffice > CRM > Reports > Report List...

How do i setup repeat journal?

Table of Content Repeat Journals Repeat Journals are transactions you save as a template that can be retrieved and used again. This feature is ideal to use...

How do i change product average cost?

Menu Path: Accounting > Transactions > Product Cost Adjustment Viewing the Change in Product Cost Menu Path: Products > Product Master > Cost Tab

Where can i see the accounting reports?

Accounting reports are one of the crucial documents of your business. It’s essential to create them to know about the aspects that affect your business...

How do i create a receipt journal?

Receipt Journal allows you to create a new journal to record the transaction details or to specify an existing journal to which the transactions should be...

How can i adjust product cost?

This option is used to adjust/ modify the cost for the existing stock of the product Menu Path: Accounting > Transactions > Product Cost Adjustment The...

Projects tracking and analysis

Menu Path : Collaboration > Project Analysis > Select the Project > Go Check the project status with related Task and Transaction details

Manage purchases and expenses

Creation of Purchase Quotation Menu Path: Purchase > Purchase Quotation > Create New > Select a supplier > Accept > Add the line item and click on the save...

Setting up pricing groups and rules

Menu Path: Admin > Business Rules > Transactions > Pricing and Others Menu Path: Admin > Default Settings Menu Path: CRM > Pricing > Pricing Rule

How do i setup India GST and TDS?

GST  Menu Path: Finance > Tax Components > Create a New Tax Component Menu Path: Sales Tab > Enter the Tax Rate and Select  the Tax Account Menu...

Setup suppliers, vendors, and subcontractors?

Menu Path:  Admin > Company Prerequisites > Data Import Manager Note: A list of suppliers can be imported using Import Manager from a predefined Excel template.  Every enterprise...

How do i setup US Sales Taxes?

Task Description: Taxes are generally involuntary fees levied on individuals or corporations enforced by a government entity, whether local, regional, or national, to finance government activities. In...

How do i close an accounting year?

Menu Path: Accounting > Year Closure