Import Accounts
This option will allow you to import data for Account records from
a valid file format into an existing Set of Books. To be able to import
the data for Account records, you nee
View Exported Accounts Data in Spreadsheets
The General Ledger Accounts records, or data, are saved in a Spreadsheet file when the data is exported in the Tools→Export menu option on the Ac
View Exported Accounts Data in XML File
The General Ledger Accounts records, or data, are saved in a XML (Extended Mark-up Language) file when the data is exported in the Tools→Export menu
Export Data Accounts
This facility is additional to the powerful Report Export facility in which all reports in TurboCASH may be exported, and saved in any available format on your system, such
...rboCASH will post the Point-of-Sale Invoices to the ledger.
View POS Invoice Transactions in T-Accounts
The transactions will reflect as follows in the ledger accounts:
...
Adjustments - Private Expenses
Sometimes the owner of a business agrees that a percentage of
certain expenses may be charged to him. This is usually when the owner
uses the telephone or motor
Adjustments - Consumable Stores on Hand
Expense items such as stationery, packing material, etc. may have
been purchased during the year to be used in the business activities.
If any of
Adjustments - Provision for Outstanding Expenses
Should it happen that the amount of a specific expense incurred
couldn’t be determined exactly at the end of a financial period, or
fina
Adjustments - Prepaid Expenses (Expenses Paid in Advance)
Certain expenses or a portion of an expense has been paid in
advance. In the financial statements all expenses must be shown for a
pe
Adjustments - Accrued (Outstanding) Expenses
Certain expenses may have been incurred during the financial year, but will only be paid in the next financial year.
Examples of such expenses
Adjustments - Income Received in Advance
Certain income may have been received during the financial year but should only be received during the next financial year.
Examples of such income
Adjustments - Accrued (Outstanding) Income
This is income, or a part of income, which is receivable during a
financial period, but is not yet received as at the end of a financial
year.
Process Transactions in Payroll Journals
-
A simple Spreadsheet Application for Open Office or Excel
Will create comma delimited imports for TurboCASH.
To purchase
Since
Update Ledger Documents
This option is used to update (post) your documents created or generated on the Input→Documents
menu option to the ledger. The debtor (customer) documents which can
Credit Notes
Credit Notes are created to refund debtors (customers) if they return stock
items or goods, or to correct incorrect Invoices, which have been updated
(posted) to the ledger.
Debtor (Customer) - Invoices
If you sell stock items to your debtors (customers) you need to enter the
transactions in the Input→Documents→Invoices→Enter menu option,
and not
Supplier Returns Documents
Supplier Returns documents are used to enter the goods or stock you have
returned to your creditors (suppliers), or to correct incorrect Purchases
documents, which
Purchase Documents (Goods Received Notes)
You may create new Purchase documents, which is a source document that may be
sent to the supplier to acknowledge that the stock items or goods hav
Depreciation Transactions - Depreciation Journal
Once you have calculated the depreciation on fixed assets, you need to record
the transactions.
There are no prescribed source documents
Decrease Provision for Bad Debts
- To decrease any provision for bad debts, a provision for bad debts must
already exist.
This provision may have been created at the end of the f
Increase Provision for Bad Debts
- To increase any provision for bad debts, a provision for bad debts must
already exist.
This provision may have been created at the end of the f
Create Provision for Bad Debts
Usually, at the end of the first year of your business existence or when you
have implemented such accounting policy, you need to create provision for bad
debt
Recovery of Bad Debts Written off
It may happen that the debts, which were previously written-off as bad debts
or irrecoverable debts, are recovered. In most cases, only a portion of the
amo
Write-off of Bad Debts
Bad Debts are written off when the debts become irrecoverable during the
course of the financial year.
- If you need to make provisions for bad debts (a fair estim
Batch Transactions - Petty Cash Payments Journal
You may need to pay some small expenses in cash, e.g. emergency purchases,
tea, stamps, etc. You need to process each of these payments in the
Batch Transactions - Payments Journal
All the payments (cheques, debit orders out of your bank account, interest
paid on overdue bank accounts, etc), which is paid out of a specific bank
acc
Batch Transactions - Sales Journal
You need to capture all the invoices you have manually issued for sales to
your debtors (customers).
- If you trade in stock items, or you wish to
Batch Transactions - Sales Returns Journal
You need to capture all the credit notes you have manually issued for sales
returns to your debtors (customers). The credit note transactions should
Batch Transactions - Purchase Journal
You need to capture all the supplier invoices you have received for purchases
on credit, from your creditors (suppliers).
Important If you have pur
Generate Multiple Transactions
Interest on Overdue Debtor Accounts
You may generate transactions for those debtor accounts, which are overdue
and have a percentage monthly interest entered
Generate Multiple Transactions
Fixed Amount to Debtors
TurboCASH
provides this useful feature to generate transactions for those debtor accounts,
for which you need to charge a fixed amo
Generate Multiple Transactions
Balance Debtors with Amount
You may generate transactions for those debtor accounts, which have an
outstanding balance of less than the amount you specify.
...ales Invoice and the Purchase Invoice are as follows:
Basic Principles of VAT/GST/Sales Tax in T-Accounts
This Tax Report will reflect the total of all the Output and Input
VAT ...
Creditor Groups Setup
This option allows you to set up to two Reporting Groups for your
Creditors. Creditor Groups allows you to group or categorise the
Creditor Accounts on which you would li
Debtor Groups Setup
This option allows you to set up to two Reporting Groups for your
Debtors. Debtor Groups allows you to group or categorise the Debtors
Accounts on which you would like to r
Account Groups Setup
This option allows you to set up to two Reporting Groups for your
General Ledger Accounts. These Account Groups should represent the
further grouping or division of your I
Edit Accounts Menu
This option is used to create new master records, edit or delete existing
master records for each of the five account types. The general ledger includes
two of these accou
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