Accounting
Evopos recommends Accrual Accounting to calculate tax (GST/VAT) rather than Cash AccountingÂ
We do this for the following reasons:
...
Fri, 15 Jul, 2016 at 6:05 AM
The Purchase Ledger is used to enter every type of purchase or expense that your business pays for. This includes stock purchases, business expenses, sta...
Wed, 2 Oct, 2019 at 6:55 PM
To help ensure your data has been entered correctly you should reconcile your balance accounts (eg: Bank account, Business Credit Card account)
We ...
Tue, 17 May, 2016 at 3:47 PM
Banking's is the procedure where money received is 'Banked' into an account such as the current Bank account.
When you select Banking y...
Tue, 17 May, 2016 at 3:35 PM
The Nominal (or General ledger) keeps the running totals for the Purchase and Sales ledgers and keeps the Opening Balance and Movements for each of the Ba...
Wed, 14 Dec, 2016 at 2:46 PM
The key accounting reports can be found under the quick reports section in Accounts. The most common ones are: Balance Sheet - Shows the value ...
Thu, 24 Jan, 2019 at 4:22 PM
This is a general guide. Please check the latest requirements with the Tax office.
Sales between EU Countries
Sales to an EU country from...
Fri, 15 Jul, 2016 at 6:08 AM
Each Day
Sell and receive sales payments as they happen
Enter Purchases and make purchase payments as they are received
At End of ...
Thu, 1 Jun, 2017 at 11:40 AM
There are 2 types of Journal Payment Journals - Transfer money from one account to another. Transaction Journals - To transfer between different Ex...
Mon, 30 Apr, 2018 at 11:21 AM
Processing Payroll
Select Accounts > Payroll
You should see a screen with a grid with a row for each employee for that Pay per...
Fri, 15 Jul, 2016 at 3:55 AM