If a purchase invoice is partially or fully linked to a payment, the payment(s) must be unlinked from the purchase invoice before making any changes. When selecting the option to edit a paid purchase invoice from the Actions button, the program displays a warning stating that all payments will be […]
Contacts
Partners -> Contacts You can link a contact person to a specific company (client or supplier). Multiple contact persons can be added for the same company. Once a contact person has been entered, you can select their name from a dropdown menu when creating a sales invoice. The view that […]
Production
You can enter a production under Warehouse -> Production. Before doing so, ensure that the necessary items have been created (Warehouse -> Items) and that the correct warehouse is assigned (Warehouse -> Warehouses). The cost of the finished product is based on the cost of the components (raw materials) used […]
Formulas
If a company is engaged in production, formulas can be used to simplify the entry of production. A formula defines the composition of a specific finished product, specifying the raw materials (components) to be used and their quantities. Each formula is linked to one specific finished product – it is […]
Entering a supplier prepayment invoice (for input VAT purposes)
A prepayment invoice has been received from the supplier and paid immediately. The goods or services will be received in the following month. Both parties are VAT-registered, and the input VAT is claimed back in the month the prepayment is made. If the net amount is 1000 euros or more, […]
Intra-Community supply report (VD) data and file export
The intra-Community supply report (VD) can be exported from the SimplBooks software as an XML file and imported into the e-Tax Board (e-MTA). The report data can be found under the VAT statement. Select the required period, the VD report data is located at the bottom of the report. By […]
Recording VAT paid on imports
When entering the purchase invoice for imported goods, use the VAT type 0% Import on the expense line. Customs broker services are often used when preparing the import customs declaration and paying VAT. The broker issues an invoice covering VAT and customs charges. Instructions for recording the customs broker’s invoice […]
Modifications in the fixed asset card
On the fixed asset card, you can, if necessary, change the depreciation rate, record an , or increase the value of the asset based on improvements made to it (using purchase invoices). According to Estonian financial accounting rules, it is not allowed to increase the value of an asset through […]
Turnover statement
Accounting -> Turnover statement The turnover statement provides an overview of account movements during the selected period. From – start of the period (by default, the beginning of the financial year) To – end of the period (by default, today’s date) Refresh – to update the data Filters – displayed […]
Transferring a stock item between warehouses
Warehouse -> Documents -> New document -> Inventory movement Inventory movement between warehouses is used when: the company has a main warehouse where purchased goods are received and one or more additional warehouses at separate locations goods are delivered for resale under consignment terms (guide in Estonian) Adding a new […]
