Basic Assignments
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Options & Settings
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Main Time Information
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Notes:
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Sell, trade, payment, deposit: Invoice = money coming in Bill, pay, return, buy: Receipt = money going out Invoice: (If I sell something, my invoice is the other party’s receipt) - Sell something - Bill someone - Make a deposit - Trade Receipt: (if I buy something my receipt is the other party’s invoice) Money Coming In: (Assets) - Make a sell o Sell an item (inventory) o Sell inventory item(s) - Create a bill o Create a bill (service) o Sell a service/create a bill - Make a deposit (on) o Make a bank deposit o Deposit on account/merchandise o Down payment/layaway o Interest Money Going Out: (Expense/Liabilities) - Pay a bill, fee, charge, taxes, or an account - Buy/purchase o Inventory o Supplies o Service - Create a receipt (general) - Payroll o Labor o Service Decision Page: - Is money coming in? OR - Is money going out? Money coming in page ($ In): - Sell an item (inventory, parts, labor, freight) - Sell a service - Make a bank deposit - Record a deposit on account or merchandise - Interest - Other (general invoice) Money going out page ($ Out): - Buy/Purchase (inventory, supplies, service) - Pay a bill, a fee, a charge, taxes, or an account - Make a payment (loan, interest, on account) - Payroll, labor, professional service - Create a receipt (general) |