This course is designed to give you the skills you need on a daily basis. Including creating quotes, orders and then invoices in the sales system, changing item information and credit terms "on the fly" while you are creating an invoice.
Understand the different invoice formats, including time billing, how to create and delete text headings and more.
Finding historical transactions is a major part of accounting software. In this course you'll learn about the Sales Register, Sales Journal, To Do list, Accounts Receivable and Payable reports and Custom lists, plus an introduction to Statements so that you can supply your clients with a summary of funds owing to you. You also learn about the two main type of statement so you can choose the one that suits your needs.
This course also includes recording cash sales, entering credits, settling credits, how to deal with bad debts, deleting sales payments, and reversing credits.
Payments: You'll learn how to enter invoice and purchase payments including part payments and over payments.
Purchases: You'll learn how to keep track of your purchases whether you pay for them straight away or receive an account. You will also learn how to create a purchase order, converting it to a bill, creating an item credit, settling and reversing credits, and analysing purchases.
Banking: If you make purchase or income transactions that have nothing to do with the sales or purchases modules, then you'll learn how to make these entries using the banking module.