The general finance window is intended for monitoring and controlling all information related to your company’s finance. To create new Income or Expense, go to the Expenses or Incomes module or use action buttons in these windows.
In the tab ‘Invoices & Expenses’, you will be able to review information related only to those entries that were made in the Incomes and Expenses modules. More specifically, here you will be able to review invoice and Expenses (received invoices) data. While in the tab ‘Payments’, you will be able to review only payment data that are referred to as ‘Revenue’ and ‘Costs’.
The view of the main tab ‘Invoices & Expenses’ can be best applied in daily activities when planning and monitoring the required payments. After selecting the desired invoice and period, the application will show Incomes and Expenses invoices only from the selected period. If you want to see only outstanding invoices, check the field ‘Unpaid’. Invoices marked in red means that the payment term is due and that your Client is late to pay its bills.
To mark that Income or Expense has been performed, check the box next to Income or Expense. After checking invoices as paid, the application will automatically create Payment related to corresponding invoice with today’s date, named ‘Payment’ plus the sum, which is the equivalent to the sum of the outstanding invoice. If an invoice is partially paid, the outstanding sum of the invoice will be considered as the balance to the full invoice sum. By pressing the arrow , you will be redirected to the selected Expense or Income tab.
Finance-related actions block
Which is on the left side of the general finance window, the following actions are possible.
- Cash flows. After pressing this button, a cash flow schedule for the selected period will appear. This is especially convenient for planning future payments. In this way, you can what cash flows are outstanding. To review the planned payments, enter future payments in the tab ‘Payments’.
- Account statement. By pressing this button, you will be able to review the statement of the selected account. If your payment data has been correctly processed, statement from the account should be the same as your bank acount. The statement will show opening and closing balances.NOTE. If payments have been entered or corrected, in the tab ‘Payments’, you must press the button , to that data in the Account statement would be shown correctly.
- Invoice Registry. After pressing this button, the following message will appear:
After selecting the ‘Incomes’ button, the program will prepare the sheet of the register of issued Incomes (invoices) prepared for printout.
After selecting the ‘Expenses’ button, the program will prepare the sheet of the register of issued Expenses prepared for printout.
NOTE. When the printout appears, the top menu changes. Further actions are available only of Action from the top menu is selected.
Incomes-related action buttons will help to you to faster create new Income or go to the list of Incomes in the Incomes module. For more information how to use the Incomes module (see page 5).
