What is an invoice? An invoice is a commercial document that itemizes and records a transaction between a buyer and a seller. If goods or services were purchased on credit, the invoice usually specifies the terms of the deal and provides information on the available methods of payment. Types of invoices may include a receipt,…
What is an invoice? An invoice is a commercial document that itemizes and records a transaction between a buyer and a seller. If goods or services were purchased on credit, the invoice usually specifies the terms of the deal and provides information on the available methods of payment. Types of invoices may include a receipt,…
What is a shipment? A shipment usually refers to the process of moving goods. It can be done by road, sea or air since it represents a group of items that will be transported from one place to another once. Cargo usually refers to the goods themselves, independently if they are moved by ground, sea…
What is Costing? Cost is a sacrificed resource to obtain something, costing is a process of determining costs, cost accounting is a technique to assist management in establishing various budgets, standards, etc. and cost accountancy is the practice of costing and cost accounting. Cost of sales: The cost incurred for the materials as where the…
What is Costing? Cost is a sacrificed resource to obtain something, costing is a process of determining costs, cost accounting is a technique to assist management in establishing various budgets, standards, etc. and cost accountancy is the practice of costing and cost accounting. Cost of sales: The cost incurred for the materials as where the…
What is mean by voucher list summary? Voucher list Summary Reports were developed to increase the ease with which Owners, Agents and Contract Administrators are able to retrieve detailed information about the vouchers they have submitted for payment. Here you can learn about how to Generate voucher list summary report. Step 1: First login with…
Value-added tax or VAT is an indirect tax, which is imposed on goods and services at each stage of production, starting from raw materials to the final product. VAT is levied on the value additions at different stages of production. VAT is widely applied in European countries. Step 1: Navigate to Accounts Module, select Tax Reports (Fig.1) Fig.1 Step…
What is Co Loader Report? Co-loading is the equivalent of ride-sharing for freight transportation. It is the consolidation of shipments across multiple companies on the same transportation vehicles. Companies can consolidate truckload (TL) with less-than-truckload (LTL) shipments, or multiple LTL shipments together, or multiple TLs together to make co-loaded shipments. Co-loading makes sense for shipments…
Step 1: Navigate to Accounts, select General Accounts (Fig.1) (Fig.1) Step 2: Select General Ledger with Charge Wise (Fig.2) (Fig.2) Step 3: Select the From and To Date and select the COA Group and click Submit button (Fig.3) (Fig.3) Step 4: Once clicked the submit button, you will get a list of values…
A Key Performance Indicator is a measurable value that demonstrates how effectively a company is achieving key business objectives. Organizations use KPIs at multiple levels to evaluate their success at reaching targets. High-level KPIs may focus on the overall performance of the business, while low-level KPIs may focus on processes in departments such as sales,…