![]() ![]() Our software allows you to create and send digital invoices and receipts with minimal human intervention. Volopay offers business-wide solutions to all your accounting and financial needs. Perform all your accounting tasks in one place while saving time and money. The manual method leads to a huge waste of time writing the invoice and receipt details in various books.īusinesses can escape this cobweb of manual entry systems with Volopay and ditch the traditional way of filing and bookkeeping. With the automation software, creating and storing all accounting records is as easy as ever.Įmployees need not wander and juggle between a huge stack of paper invoices. ![]() Not only does this make companies lose their financial records, but it also hampers financial reporting while filling for tax purposes. It involves printing and storing these records while exposing them to the risk of being misplaced or stolen. You can read this on this website: /6.1/book/3/3_6/invoice_payment/ "Under Simple Customer Receipts" The documentation is for Version 6.1 but this is also valid for the oterh Versions.Maintaining paper invoices and receipts is a messy and costly affair for the business. The condition applies to VAT deduction that. The easy invoicing system does not require extensive accounting setup, so you will be up and running quickly!" Have you purchased fuel for your vehicle Your name and address might not be included on the receipt. When the sales receipt is confirmed, OpenERP creates journal items automatically and you can record the customer payment related to this sales receipt. Sales Receipts are merely a kind of sales ticket and not a real invoice. "When you sell products to a customer, you can give him a true invoice or a Sales Receipt, which is also called Customer Receipt. You can read this in the OpenERP documentation. This Invoice is capture as a Sale Invoice. Sale Invoice -> You order a kitchen and get a Invoice, which you will pay when you get the kitchen. On the other hand, an Official shall serve as proof of payment for the purchase of services. This Voucher is capture as a Sale Receipt. Going back to the aforementioned scenario, foregoing considered, the Sales Invoice shall serve in lieu of Official Receipt in the sale of goods or properties for evidentiary purposes in terms of audit. ![]() Sale Receipt -> You go to a shop and pay directly. The difference is the receipt on Voucher is a quittance not an invoice. If say I buy a coffee and a cake! the coffee has VAT 20% on whilst the cake has VAT 0% (hot v cold) payed with cash! I would need to enter two receipts.Searching for particular invoices becomes harder having to search in two places, and not being able follow links from the partner.Completing the payment is also more cumbersome, not been able to do it from the same page.The receipt method would struggle with this only having no line items and only one tax option.I'm leaning towards entering everything as invoices. I dont see why there are two types for each? "Sales Receipts" - Other sales receipts & till receipts."customer invoices" - Automatically created by ERP from Sales orders."purchase receipts" - Invoices & till receipts both payed and on account."supplier invoices" - Automatically created by ERP from Purchase orders.Sales - "customer invoices" & "Sales Receipts".Purchase - "purchase receipts" & "supplier invoices". ![]()
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