If you are transitioning your accounting to SimplBooks and have outstanding receivables or payables from the previous period, their total amounts will be recorded in the initial balance entries.No entries will be created for documents added before the date of the initial balance entry. For detailed instructions on entering […]
Proforma invoices
A proforma invoice is an invoice in the case of which a prepayment is requested prior to the goods/services being issued. Inventory goods added to proforma invoice do not reserve them nor do they reduce stock. Thus allowing inventory goods to be added to proforma invoice even if those goods […]
