This tutorial offers a detailed walkthrough of the accounting system within the ERP AI, covering a wide array of functionalities and features. It begins by explaining the process of creating a vendor, followed by the creation of bills, including bill category, bill date, due date, status, and actions. The tutorial then delves into the … … … creation of payments, allowing users to add a debit note to a specific bill, specifying the due date, and adding a note as needed. It further demonstrates the creation of a new debit, requiring the selection of the account, amount, date, time, and description.
Moving on, the tutorial explores the … double … entry … feature, encompassing a chart of accounts, journal accounts, ledger summary, balance sheet, profit and loss, and trail balance. It provides a detailed look at the journal entry, including the journal ID, date, amount, and description, emphasizing the process of creating a new journal entry. … Additionally, it … explains the … creation of a chart of accounts, enabling users to define the name, account code, related account, type, and description, and emphasizes the option to enable or disable the account as needed.
The tutorial then delves into the ledger summary, showcasing the account name, transaction type, … transaction date, … debit, credit, … and balance, and highlights the ability to download the ledger summary. It proceeds to explain the balance sheet, allowing users to view and export account balances, and emphasizes the option to print these details. Furthermore, it explores the profit and loss account, enabling users to view the … profit or loss for … a specific period, and … the trail balance, allowing users to export or print the trail balance for a specified period.
The tutorial then transitions to the budget planner, demonstrating the process of planning a budget for different periods, such as monthly, quarterly, or half-yearly, and … emphasizes the inclusion of income and expenses … in the budget planner. It … further explores the financial goals feature, enabling users to add financial goals by specifying the name, amount, type (invoice, revenue, or payment), and invoice ID.
The tutorial proceeds to the accounting setup, covering the addition of tax … categories, including the tax name and rate, and … the creation of categories, specifying the category name, type, and color. It emphasizes the option to add custom fields and print settings, allowing users to customize templates for proposals and invoices, implement colors, and change logos.
