PromoServe Accounts

09:30 - 09:45

Introduction

  • Today's agenda - aims and objectives
  • Lunch arrangements
  • Mobile phones off or take call outside

09:45 - 10:30 Accounts Set up & Nominal Ledger

  1. Chart of Accounts - Nominal Codes, Nominal Types & Nominal Categories
  2. Expense Codes
  3. Nominal Activity & Transactions
  4. Bank Accounts
  5. Control Accounts & Default Nominals
  6. Financial Year Start Date
  7. Stock / Cost of Sale - how we deal with this

10:30 - 10:45 How does the system allocate nominal & tax codes to sales & purchases?

  1. Nominal Codes
  2. Tax Codes

10:45 - 11:15 Customer & Supplier Financial Tab

  1. Back Orders Acceptable?
  2. Statement Settings
  3. One Order One Invoice
  4. CWO or Pro Forma Only
  5. Account On Hold & Ceased Trading
  6. Credit Limit
  7. Default Nominal & Tax Codes
  8. Terms
  9. Default Currency
  10. Other Settings

11:15 - 11:30 Break for refreshments & phone calls

11:30 - 12:00 Sales Invoices

  1. Create Invoice from sales order
  2. View and amend sales invoice
  3. Check prices, nominal & tax codes
  4. Print – single print or print run
  5. Credit notes & returning items to stock
  6. Staged & Recurring Invoices

12:00 - 12:30 Customer Remittances

  1. Create new remittance
  2. Allocate remittance to an invoice
  3. Cancel a remittance
  4. Create a credit note
  5. Refunds
  6. Refund a credit note

12:30 - 13:00 Purchase Invoices

  1. Create new purchase invoice
  2. Marking as Fully Invoiced
  3. Invoices on Query
  4. Credit Notes
  5. Supplier Refunds
  6. Personal Expense Entry

13:00 - 13:30 Break for Lunch

13:30 - 14:00 Supplier Payments

  1. Select Purchase invoices to pay
  2. Authorising invoice for payment or On Hold & Bulk Authorisation
  3. Making a payment
  4. Viewing Payments
  5. Display List for BACS Upload

14:00 - 14:30 Journal Entries

  1. Create Journal entry
  2. Recurring Journals
  3. Copying Journals
  4. Reversing Journals

14:30 - 14.45 Bank Accounts

  1. Bank Payments
  2. Bank Receipts
  3. Bank Transfers
  4. Bank Reconciliation
  5. Uploading Statements

14:45 - 15:00 Period Details and period end

  1. Closing Periods
  2. Opening Periods
  3. Setting Close Dates for Sales & Purchases
  4. Year End

15:00 - 15:15 Break for refreshments & phone calls

15:15 - 16.15 Nominal Reporting

  1. Trial Balance
  2. Profit & Loss
  3. Balance Sheet
  4. VAT Return
  5. Forecast
  6. Exporting Data

16:15 - 16:45 Sales & Purchase Ledger Reporting

  1. Customer Statements
  2. Aged Debtor report
  3. Aged Creditor report
  4. Auto On-Hold Routine

16:45 - 17:00

Review of Course