Accounting

Accounting System (Accrual / Cash)
Evopos recommends Accrual Accounting to calculate tax (GST/VAT) rather than Cash Accounting  We do this for the following reasons: ...
Fri, 15 Jul, 2016 at 6:05 AM
Purchases
The Purchase Ledger is used to enter every type of purchase or expense that your business pays for. This includes stock purchases, business expenses, sta...
Wed, 2 Oct, 2019 at 6:55 PM
Reconciliation
To help ensure your data has been entered correctly you should reconcile your balance accounts (eg: Bank account, Business Credit Card account) We ...
Tue, 17 May, 2016 at 3:47 PM
Bankings
Banking's is the procedure where money received is 'Banked' into an account such as the current Bank account. When you select Bankin...
Tue, 17 May, 2016 at 3:35 PM
Nominal (General Ledger / Chart of Accounts)
The Nominal (or General ledger) keeps the running totals for the Purchase and Sales ledgers and keeps the Opening Balance and Movements for each of the Ba...
Wed, 14 Dec, 2016 at 2:46 PM
Reporting
The key accounting reports can be found under the quick reports section in Accounts. The most common ones are: Balance Sheet - Shows the value ...
Thu, 24 Jan, 2019 at 4:22 PM
Export Sales & Purchases
This is a general guide. Please check the latest requirements with the Tax office. Sales between EU Countries Sales to an EU country from...
Fri, 15 Jul, 2016 at 6:08 AM
Accounting Tasks
Each Day Sell and receive sales payments as they happen Enter Purchases and make purchase payments as they are received At End of ...
Thu, 1 Jun, 2017 at 11:40 AM
Journals
There are 2 types of Journal Payment Journals - Transfer money from one account to another. Transaction Journals - To transfer between different Ex...
Mon, 30 Apr, 2018 at 11:21 AM
Payroll (Australia)
Processing Payroll Select Accounts > Payroll You should see a screen with a grid with a row for each employee for that Pay per...
Fri, 15 Jul, 2016 at 3:55 AM