Hiya Mandy just wanted to confirm what Conor from Support said yesterday, you’re not able reset Tracked Inventory. If you wanted to just delete the statement line then you can choose one of the transactions and select delete at the top rather than the entire statement. That will work if a duplicate transaction has been imported and is …
You can charge a fee for late invoices, but only if customers know you have a penalty policy. It’s a good idea to write late fees into your service agreement, and get customers to sign it before you start doing business. Then you can mention that penalties may kick in when you’re sending payment requests. The most important part …
I don’t want to spend hours designing report layouts when a simply subaccount will give me the presentation look I want to achieve. Finding this system more limiting as I try to do more in it and it is becoming annoying. Would be great if we could create sub accounts for Chart of accounts like Quickbooks. This would help for simple …
This helps avoid issues like tax-exempt line items showing up as Zero Rated EC Services. Fees Account – This account collects your payment gateway fees.
That wraps up the section on how to create a bill. The next lesson in our Xero Training Course will be how to pay bills.
Save – You can either save the bill or approve it. Below is a brief …
You need to have a unique invoice number on every bill you send. This is to help you, the customer, or potentially auditors to track down specific invoices. Before drawing up an invoice, make sure your customer is expecting one.
Connect2Accountants develops a range of unofficial education materials.Following your instructions, I …
As soon as you save it a pop-up window shows up stating that there are certain overpayments that you from the supplier and if you want to allocate it to the current bill. As soon as you select Overpayment, all the required information will update automatically. All you need to do is click Save Transaction button and then the Reconcile …