Gofrugal Purchase and Sales Invoicing in simple steps | Gofrugal AccountsEasy

Опубликовано: 30 Апрель 2020
на канале: Gofrugal Technologies Pvt Ltd
48,043
281

Do you want to know why you need an accounting software? Well, let me tell you, an accounting software can help you streamline your financial management processes, automate repetitive tasks, reduce errors, and save you time and money! Isn't that exciting?! With an accounting software, you can easily keep track of your income and expenses, create and send invoices, reconcile bank accounts, generate financial reports, and so much more! So, are you ready to take your financial management to the next level with an accounting software? Let's get started!

Gofrugal AccountsEasy is a robust accounting software that allows businesses to easily create purchase and sales invoices. With its intuitive interface, it's easy to make purchase and sales invoices in mere minutes for any business. How to make purchase invoice and sales invoice in Gofrugal AccountsEasy? This video also explains how the Gofrugal software can help businesses streamline the process of creating invoices, saving valuable time and resources.

AccountsEasy has a purchase entry that can be used to generate a purchase invoice for a different company, a purchase invoice without item data, or a purchase entry with just invoice details.

Time stamps:
0:06 - 0:12 - What is invoicing?
0:12 - 0:26 - How to make a purchase entry
0:26 - 1:18 - Steps to make purchase invoice
1:18 - 2:08 - Steps to make sales invoice
2.09 - 2.14 - Try Gofrugal for hassle-free invoicing

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Manage your accounts through mobile - https://zurl.co/7LmS
How to make a purchase entry - https://zurl.co/2e4B
For more information, visit our Community page - https://zurl.co/0xXa

Benefits of using an accounting software:

Time-saving: Accounting software automates many tasks, such as data entry, reconciling accounts, and generating reports, which saves time and reduces the potential for errors.
Accuracy: With built-in checks and balances, accounting software helps ensure that your financial records are accurate and up-to-date, which can help you make better-informed business decisions.
Cost-effective: Although there is an initial investment in purchasing and setting up accounting software, the cost is often offset by the time and money saved from automating manual processes.
Accessibility: With accounting software, you can access your financial data from anywhere with an internet connection, which can be useful for remote work.
Integration: Many accounting software programs can integrate with other business tools, such as inventory management systems, which can help streamline your business operations.

How to create a purchase Invoice:

A purchase invoice is a document provided by a supplier to a buyer that contains the goods purchased, the quantity, the price per unit, and the total amount owed. It serves as a record of a commercial transaction between the supplier and the buyer, and is typically used for accounting and taxation purposes.

Purchase invoices are typically generated when a company purchases goods or services from a supplier, and they are an important part of the purchase-to-pay process. They may be issued in paper or electronic format and usually include information such as the name and address of both the supplier and the buyer, the invoice number, the date of the transaction, and any applicable taxes or discounts.

Once a purchase invoice is received, the buyer can review it for accuracy and then use it to process payment to the supplier. The invoice may also be used for inventory management purposes, as it provides details on the quantity and cost of the goods purchased.

How to create a sales Invoice:

A sales invoice is a document that lists the details of a transaction between a seller and a buyer. It is typically used to provide the buyer with a record of the goods or services that they have purchased, and to request payment from the buyer. The sales invoice usually includes information such as the names and contact information of the seller and buyer, a description of the goods purchased, the quantity and price of the items, any applicable taxes or discounts, and the total amount due.

Sales invoices are often used in business-to-business (B2B) transactions, but they may also be used in business-to-consumer (B2C) transactions, especially for larger or more complex purchases. Sales invoices are an important record-keeping tool for both the seller and the buyer, as they provide a record of the transaction and can be used for accounting, tax, and legal purposes.

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