​How to create a vendor bill from the accounting module?

Here’s a step-by-step guide to create a vendor bill:

1) Go to the "Acounting" module by clicking on its icon in the main dashboard or using the application menu.

2) Inside the Accounting module, go to the "Vendor" menu and then select "Bills."

3) To create a new bill, click the "Create" button. This will open a new bill form.

4) Fill in the invoice details, including the Vendor, Bill Reference, Payment Reference, Bill date, Accounting Date, Due Date, payment terms, journal and any additional information.

Header Information:

1. Vendor: Dropdown to select the vendor (supplier) issuing the bill.
2. Bill Reference: Reference or invoice number provided by the vendor.
3. Payment Reference: Additional reference for internal use.
4. Recipient Bank: Select the bank account used for payment to the vendor.
5. Bill Date: Date of the bill from the vendor.
6. Accounting Date: Date when the transaction is recorded in the books.
7. Due Date: The date payment is due, based on terms or manual entry.
8. Journal: Dropdown to select the accounting journal (e.g., "Vendor Bills").
9. Currency: The currency for the bill (SGD in this case).

Tabs/Sections:

1. Invoice Lines: Similar to the Customer Invoice, this section is used to record product/service details, but it includes:
2. Asset Category: Option to categorize the product as an asset if applicable.
3. Account, Quantity, UoM, Price, Discount, Taxes, Subtotal: Similar to the Customer Invoice form.
4. Journal Items & Other Info: For advanced accounting details and metadata.

Actions:

• Save: Saves the draft bill.
• Confirm: Validates the bill, making it ready for payment processing.
• Discard: Cancels the draft.

 To create an invoice from the accounting module, please do contact us atsupport@metrogroup.solutions