Movement of stock

Warehouse -> Movements Stock movements report data fields Period of movements – the period for which stock movements are displayed Warehouse filter – displays movements for the selected warehouse. If not selected, all active warehouses are shown Item filter – if an item is selected, the report shows its movements […]

Daybook

Accounting -> Daybook The daybook records the company’s transactions in chronologically by day. Each transaction includes the transaction date, a description, the debit and credit accounts, and the transaction amounts. Daybook data fields From – start of the period To – end of the period (by default, the report is […]

Main ledger

Accounting -> Main ledger The main ledger is an accounting register or record where a company’s financial transactions are grouped by account. Each account includes an initial balance for the selected period, a chronological list of transactions during the period, and a closing balance. Main ledger data fields From – […]

Recording of triangular transactions

Principles for declaring triangular transactions Source: Estonian Tax and Customs Board, Taxes and payment → Value added tax → Taxation of goods All parties involved in the transaction must be VAT-registered in different Member States. The first seller A declares as follows: the sale to B must be declared as […]

Recording the sale of gift cards

When selling gift cards, it is important to distinguish between single-purpose and multi-purpose gift cards. For single-purpose gift cards, income is recognized (and VAT is declared) at the time of the sale. Multi-purpose gift cards, however, are recorded as prepayments. Both situations can be handled in the program by creating […]

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 […]

Modifying an invoice related to a receipt

If a sales invoice is partially or fully linked to a receipt, the receipt(s) must be unlinked from the sales invoice before making any changes. When you choose to edit a sales invoice linked to receipts from the Actions menu, the program displays a warning that all receipts will be […]