Expense reports make it easier to record expenses that a reporting person has paid in cash (or with a personal bank card) on behalf of the company. Expenses paid from the company’s cash register can also be entered here, but these should be entered on a separate report to allow […]
Marking the credit invoice as paid (sales invoice)
The guide describes the process of marking a credit invoice as paid using a sales invoice as an example, but the same principle applies when dealing with purchase invoices. First, you need to find the credit invoice that is pending payment from the list of invoices. You can do this […]
Recognition of fixed assets acquired under capital lease terms
Assets acquired under capital lease terms are usually intended for long-term use by the company and are recorded as fixed assets. Useful reading:ASBG 9 Accounting for leasesASBG 5 Property, plant and equipment and intangible assetsAll translations of the Accounting Standards Board guidelines can be found on the Ministry of Finance […]
Sending payments to the bank
Purchase invoice payments can be sent to the bank via the bank integration or by exporting them from a file. The different options are described below. If you have any additional questions, write to us at support@simplbooks.ee
Unbound payments
Unbound payments are payments made to suppliers that are not linked to a purchase invoice. In the purchase ledger, these are recorded as prepayments. Unbound payments can be found by going to Operations -> Payments. Data can be searched and sorted based on all visible parameters. More information on how […]
Activating CostPocket integration
Activating the CostPocket integration in the SimplBooks environment takes only a few minutes, but digitizing expense documents can save hours of work time annually, allowing for more efficient use of that time. Activation: Settings -> Integrations -> CostPocket After clicking the “Activate” button, a page will open where you can […]
Unmatched receivables
If the receipt is not linked to a sales invoice, its status will be displayed as “Pending.” In the sales ledger, these receipts are recorded as prepayments. Receipts can be found by going to Operations -> Receipts. Data can be searched and sorted based on all visible parameters. More information about […]
Entering a purchase invoice – warehouse items
When entering an invoice for the purchase of goods to be recorded in the warehouse, it is recommended that the are added beforehand. A new item can also be added during invoice entry, but this means that the item details will need to be updated afterward. If a larger number […]
Entering a purchase invoice for car expenses
When entering expenses related to the company’s passenger vehicles, it is necessary to use separate VAT types for car costs so that the input VAT is recorded in the correct lines of the VAT report. When entering the purchase invoice, select the appropriate expense account and choose the VAT type […]
Recording operating lease invoices
When an operating lease agreement is concluded, an initial payment invoice is usually issued. The amount is first recognized in the balance sheet as a prepaid expense and recorded as an expense over the lease term. An example with a lease period of 5 years (60 months) has been used. […]
