Deskera Books Articles - Deskera Care (Page 6)

What is the difference between a bill and a payment receipt?

Technical jargon can be confusing to understand, but bills and payment receipts should not be, as they can be a necessity for your business. A bill is a document provided by your vendors to inform you of how much you owe them for the products or services they have supplied

Are invoices and bills the same?

Both invoices and bills are requests for payment and are often used interchangeably. However, the Deskera Books differentiates these two terms and simplifies them for easier understanding. Invoices - Selling to your Customers Creating new invoice in Deskera Books ‘Invoices’ are used when you request your customers to pay for

Quotes - What are they, and how do I create them in Deskera Books?

A Quote, also known as a quotation, is a document that informs a potential customer of the cost of products or services provided by your business. The Quote allows the customer to review the costs involved before committing to a purchase. Quotations are usually only valid for a limited period

How do I fulfill a Quote in Deskera Books?

Fulfilling a Quote allows you to keep track of products delivered to your customers. Quotes can be fulfilled partially or entirely. In Deskera Books, Quotes have 2 different stages of fulfillment. Select the Direct Fulfillment button to fulfill in the Quote document.Indicate the warehouses, the fulfillment date, and quantity

How do I convert an Estimate to an Invoice in Deskera Books+?

An Estimate or a Quote serves as an estimation of the price of goods sold to a customer and not a formal request for payment. Typically, Invoices are sent instead to your customer when you would want to request for payment of goods delivered. On Deskera Books, we allow you

Edit, Copy, Print, and Delete a Quote in Deskera Books Plus

Deskera Books Plus users can perform various actions on open Quotes, such as Editing, Copying, Printing, and Deleting. * Note that you can do such activities only for the estimates/quotes with the status Open, as shown below. Edit Function To edit the quotes/estimates, follow the below steps, Step 1:

How do I create an Invoice in Deskera Books?

An Invoice is a commercial document issued from a seller to a buyer indicating the list of products/services rendered. It also presents the products/services' respective costs. Any Tracked Products sold will reduce the stock inventory recorded in the system. Invoice Creation on Deskera Books On the New

Edit, copy, print, and delete an Invoice in Deskera Books

If you found out that you added the wrong products for your customer during Invoice creation, don't fret! Just like the Quote, open Invoice documents are also editable. In addition, you can find other functions such as Copy and Print in the contextual menu of each Invoice. The

Invoice Receipts - How do I indicate that I have been paid in Deskera Books?

Once your customer has paid you for your products or services, you should indicate it in the Deskera Books by clicking on the 'Get Paid' button on the Sell Page. This allows you to manage your transactions with your customers. 1. Login to Deskera Books account. 2. Click

What is a Backorder and how do I create it in Deskera Books?

Backorders Backorders are orders that you placed from your supplier for a product that is temporarily out of stock. From the buyer perspective, enabling backorders for your business simply means allowing your customers to purchase the products even when the products are unavailable. How to create backorder in Deskera Books?

How do I create an Order in Deskera Books?

For all the businesses, there are buying/selling products for the purpose of resale and for the production of final goods. Using Deskera Books, users can now create order when they are buying goods from the suppliers/vendors. Follow the below instructions in order to create an order: 1. Login

How do I indicate that I have received Products or Services from my supplier in Deskera Books?

On Deskera Books, you can indicate if you have received Products or Services from your supplier. This allows you to keep track of the products and services you have received from your supplier You can indicate whether you've received Products in both the Order stage and the Bill

How do I convert an Order to a Bill in Deskera Books?

Under Deskera Books, the bill means a printed statement of money owed for purchasing goods and services. You will need to pay the bill for the orders that you have created upon receiving the products and services. To convert the order to bill, follow the steps mentioned below: 1. Go

Edit, Copy, Print, and Delete an Order in Deskera Books+

You can perform various actions for your order documents in Deskera Books+ such as editing, copying and printing the order. Follow the steps as mentioned below to make changes to the orders you have added: The Contextual menu in an Order document contains various functions available for the selected order.

What is a Bill and how do I create one in Deskera Books Plus?

Bills are created to reflect your expenses incurred from buying tangible items, such as your products, or other miscellaneous things, such as buying computers for your office use. It also records the purchase of intangible items from your supplier, such as services. The Bill is given to the customer by

How do I mark a Bill as Paid in Deskera Books?

Once you have paid for a Bill, you should indicate it in the Deskera Books. Mark Bill as pay 1. Click the Pay button under the Action column, which you want to make payment for. This will trigger a pop-up on the middle side of the page. After clicking Pay

Edit, copy, print, and delete a Bill in Deskera Books

If you have accidentally created a Bill capturing the wrong products ordered from your supplier, don't fret! Just like Orders, Bill documents are also editable. You can also perform various other functions, such as Copy and Print! Check out the steps below on how to access these functions

What are the different types of Products in Deskera Books?

There are various types of goods and services available in the marketplace. Depending on the type of goods and services you’re providing, using Deskera Books, Product Creation tab, users can choose to classify the product in to three typesTracked or Non-Tracked and Bills Of Material Tracked Inventory To track

How do I create Tracked, Non-Tracked Products and Bill of Materials in Deskera Books+?

Create A Tracked Product Tracked Products are tangible, physical items that have a quantifiable amount and can be tracked, such as clothes, devices, accessories, etc On Deskera Books+, the feature for products and services management is called Product Master. To create a Product, access Products Master via the Products tab

Edit, Copy, Delete and Export Products in Deskera Books?

All the products created in Deskera Books can be edited. If you need to make changes to the product name, the product image, product description or even change the prices of the products, you can do so. Edit Function To make changes to the product, go to the Product Module

How do I bulk import multiple Products, Contacts or Accounts at one go in Deskera Books?

For the creation of multiple products, contacts, or accounts at one go, you can use Deskera Books Import function. This saves time compared to creating one entry at a time and is especially useful for new users who are migrating from a previous system. Filling up the template file Click

What is a Chart of Accounts (COA) in Deskera Books?

Under Accounting Overview, you will find the Chart of Accounts. Charts Of Accounts What is the purpose of a Chart of Accounts? A Chart of Accounts is a consolidation of all accounts your company has identified necessary to record transactions in General Ledger [https://care.deskera.com/hc/en-us/articles/

Manage your Chart of Accounts in Deskera Books

Manage your Chart of Accounts by understanding the type of accounts you can create. between account and a bank or cash account You can create customized accounts that suit your company’s needs. Choosing the right account An account can be from any other account types, such as Revenue, Expenses,

Basic Understanding of Journal Entry

A journal entry is essential to all businesses as a means to record business transactions according to the Accounting Standards. The first step that all accountants practice whenever business transactions take place is to record them to at least two accounts (known as double-entry accounting) in the general ledger. Types

Introduction to Debit and Credit Accounts

Most people have difficulty understanding the concept of Debit and Credit. If you are a business owner, it will be useful that you learn the basic terminology of Debit and Credit so that you can keep accurate records for your business. For every transaction, you will need to record it

Journal Entry in Deskera Books

Journal entries are the recording of any transactions that occur in business operations. All the transaction records are classified into different accounts based on the accounting standard. Gone are the days the recording of journal entries manually as it can be tedious and time-consuming. Here on Deskera Books, users are

How do I create a Normal Journal Entry in Deskera Books?

Journal entries are used to record business transactions. It always involves at least one Debit and one Credit entry into the system. 1. Click Accounting on the sidebar, and click on Journal Entry. You will enter the Journal Entry Overview page. 2. Click Create and select Journal Entry - Normal.

How do I make a Fund Transfer in Deskera Books+?

If you would like to transfer funds from one account to another, you can perform a Fund Transfer on Deskera Books+ to record this transaction. 1. Click Accounting on the sidebar, and click Journal Entry. You will enter the Journal Entry Overview. 2. Click Create and select Journal Entry -

How to import opening balance for accounts, inventory, and contacts in Deskera Books?

Deskera users can now import the opening balance of their inventory, accounts, and contacts if they are new to Deskera Books. The reason why we implement this function is to provide a smoother data transition from your existing software to our system. To import the inventory, accounts, and contacts: 1.

How do I create a Debit Note in Deskera Books?

Debit Notes are used when you as a buyer: * Are returning goods received incorrect or faulty goods * Were overcharged by the supplier You as a seller: * Undercharged the customer How to create a debit note? 1. Go to the Accounting Tab. 2. Click on Debit Notes and click on Create

How do I create a Credit Note in Deskera Books?

Credit Notes are used when: You as a seller * Received returned/incorrect/faulty goods * Overcharged your customer You as a buyer: * Were undercharged by your supplier How to create a credit note in Deskera Books? 1. Go to the Accounting Tab. 2. Click on Credit Notes and click on Create

What is the purpose of a Debit Note?

Debit notes are official documents prepared by the purchaser to provide information to their supplier for debiting the supplier’s account. Once the supplier has accepted the Debit Note, the purchaser will have reduced their liability and are required to pay less to the supplier. Create a Debit Note Return

What is the purpose of a Credit Note?

Credit notes are official documents prepared by the supplier to be given to the purchaser. create a credit noteAcknowledgment of Return of Goods In return for a Debit Note, suppliers issue a Credit Note to accept the goods returned formally and to record the amount accountable for these goods. In

How to create a direct expense in Deskera Books?

Expense is an outflow of money to a person, group or financial institution for purchasing goods and services. In the Deskera Books system, all the expenses that you have incurred will automatically appear on the Expense page. Aside from that, Deskera users have the flexibility to create a direct expense

How to create a pre-payment in Deskera Books?

Expense is an outflow of money to a person, group or financial institution for purchasing goods and services. Aside from creating a direct expense manually, Deskera users have the flexibility to create a pre-payment in the system. Pre-payments are any future expenses that you paid in advance but they are

How can I edit, copy, print, and delete expense accounts in Deskera Books?

You cannot make any changes or duplicate any expense records that are mapped from the Buy Module. However, you can only edit or change the details of the expense accounts you have created manually in the Expense Module. To change or edit the expense record you’ve created manually: * Go

How to create a direct deposit in Deskera Books+?

Generally, a deposit is a sum of money paid into a bank for the reason of safekeeping or as a pledge. Using the Deskera Books+ system, the deposit term means the inflow of money to the organization. Direct payment is a form of electronic bill payment that enables your customers

How to create an advance payment in Deskera Books?

Generally, a deposit is a sum of money paid into a bank for the reason of safekeeping or as a pledge. Using the Deskera Books system, the deposit term means the inflow of money to the organization. Users can create an advance payment in the system. Advance payment is the

How to edit, copy, print and delete deposit accounts in Deskera Books?

You cannot make any changes or duplicate the deposits records that are mapped from the Sell Module. However, you can edit or change the details of the deposits accounts you have created manually on this page. To change or edit the deposit record you’ve created manually: * Go to the

How do I add a new Contact in Deskera Books?

Deskera Books Contact Master feature allows you to manage and view all your contact details easily - both suppliers and customers. 1. Go to Contacts Master by clicking on the Contacts tab on the sidebar and then click on '+New Contact'. Add new contact2. On the Create New

Edit, Copy and Deactivate Contacts in Deskera Books+

On Deskera Books+, Contact details are editable even after creation. Changes can be made to your contact’s name, email address, payment term, and various other fields. Accessing the Contextual Menu To make any necessary changes to your Contact's details, go to the Contact Module on the sidebar

Add, Edit and Delete Users in Deskera Books+

How do I create or add a new user? 1. Login to Deskera Books+ account. 2. Click on the Switch To button at the bottom left of the screen. Select Deskera Books. 3. On Deskera Books' Main Dashboard, click on Settings via the sidebar menu. 4. On the setting

Changing a User's Roles in Deskera Books+

Deskera Books allows you to change your employees' access rights to different functions of Deskera Books with minimum hassle. You may change the role of your employee if you transfer them to another department, or if you would like to grant them more accessibility within the system. There are

How to Unassign a User's Role in Deskera Books

To un-assign a user's role in Deskera Books, you can follow the steps mentioned below: 1. Login to Deskera Books account. 2. Click on the Switch To button at the bottom left of the screen. Select Deskera Books. 3. On Deskera Books' Main Dashboard, click on Settings

Where can I update my company's information in Deskera Books?

There comes a time when an organization decides to change their office address, company's name, or even relocate to another country. When this happens, you will need to update your company's profile accordingly. Hence, using Deskera Books, you have the flexibility to update your company'

How to create a new custom field in Deskera Books+?

Using Deskera Books+, users can customize different custom fields in addition to the existing fields available in the system. Once they have created the custom fields, they can apply them to different system modules. Also, you can generate financial reports based on the custom field saved. Follow the steps mentioned

How to edit and delete the custom fields in Deskera Books?

You can also edit or delete the custom fields you’ve created. In the Custom Field List, select the custom field you wish to edit or delete. Click on the three dots of your preferred custom field. Click on the three vertical dots, choose from the edit and delete the

How to apply a custom field in the Buy and Sell Tab in Deskera Books?

Based on the previous article, we have already explained how to create a new custom field. In this article, we will see the steps to apply the custom field you’ve created in the buy and sell tab. To apply the custom fields to your bill/quote/order/invoice documents:

How to apply a custom field to Product in Deskera Books?

Products come in various sizes, colors, diameters, heights, lengths, etc. Sometimes you have trouble indicating the specification of products due to the limitation in some ERP software. Using Deskera Books, users can now apply the various specifications by using the custom fields functionality in our system. Once you have created

How to apply a custom field to Contacts in Deskera Books+?

Using Deskera Books+, you can easily apply custom fields to each of your contacts to group them better based on personality, background, and or demographic. Create the master custom field in the Setting tab. Make sure that the custom field is enabled in the Contact Module. 1. Go to the

How to apply a custom field to Accounts and Journals in Deskera Books?

Besides applying the custom fields for Products, users are given the option to apply the custom fields for Accounts and Journal Modules under the Accounting tab. The custom field in the Charts of Accounts.Select the custom field in the Journal Entry. Using Deskera Books+, users can now apply various

How do I create a new type of tax in Deskera Books?

Deskera Books software has a ubiquitous functionality that everyone can use, as different countries have different tax regulations. Using the Deskera Books system, users have the flexibility to add a new type of tax applicable to their own country. Follow the steps mentioned below to create a new type of

How do I apply the new tax-rate using Deskera Books?

As you have read in the previous article on how to create a new tax rate, you can now apply the new tax-rate that you have created and apply it to the different Modules in the system. Imagine in a scenario where your country announced an increment of 2% of

How do I use the document designer in Deskera Books?

The document designer's functionality on Deskera Books is to provide flexibility to our clients to customize and design their invoice, bill, quote, and payment documents as per their preferences. Follow the steps mentioned below to create a new document template: 1. Login to Deskera Books account. 2. Click

System Fields on Document Templates and Its Meaning in Deskera Books

If you're using the document templates in Deskera Books, you will have to use the placeholders provided in each template. You can refer to the article here to guide you on using the document template on Deskera Books. How do I use the document designer in Deskera Books?

Using Document Designer to customize your documents in Deskera Books

Based on the previous article, we have guided you on downloading, uploading, and previewing the document template in Deskera Books. This article will dive deeper on how to use Document Template to customize your documents. Let's jump in. Once you have downloaded the default invoice template from Deskera

How do I view all my imported files in Deskera Books?

Imagine a scenario where you completely wipe-out your files, and there's nowhere you can restore all the essential files on your desktop. Well, with Deskera Books, we'll help you to back-up your imported file. Choosing Deskera Books as your accounting software, you do not need to

How to view audit logs in Deskera Books+?

The Audit Log is a tool that allows site administrators to view actions performed by users, administrators, and end-users. All actions performed from within the system are captured. The Audit Log captures all the events happening within the Deskera Books system. After an end-user has made updates in the system,

Everything You Need to Know About GST in Singapore

What is GST? Goods and Services Tax-GST is a broad-based consumption tax imposed on imported goods and almost all supplies of products and services in Singapore. In other countries, this tax may also be known as Value-added Tax (VAT). This expenditure tax is currently set at 7% and is administered

SG: What is GST Form 5, Form 7 and Form 8 and how can I generate these in Deskera Books?

What is GST Form 5? GST Form 5 is a document containing the taxpayer's income tax details required to file to the tax authorities. Business owners have to file GST returns, including sales, purchases, GST on sales, and GST paid on purchases. It's compulsory to file

SG: How do I generate IRAS Audit File Report in Deskera Books

Every business using ERP business software is required to prepare and submit IAF to IRAS in order for them to conduct an audit on their GST Report and GST Form 5 Report. The purpose we implemented the Audit File Report in the system is to make sure that the data

What is the purpose of a Profit and Loss Statement in Deskera Books?

A Profit and Loss statement is a financial statement summarizing your company’s revenues, expenses incurred, as well as profits and losses during a specified period. You can customize this time frame to suit your company’s needs. Commonly used are quarterly or annual statements. Customizing your statement period These

What is a Balance Sheet?

The balance sheet is a statement that records entity assets, liabilities, and equity as of the end of the accounting period. In other words, a balance sheet is known as the statement of financial position. Examining the balance sheet gives the accountants, investors, or business owners insights on the net

Definition of cash flow of statement

The statement of cash flow is a company’s financial statement indicating the inflow and outflow of cash and cash equivalents of the organization. The objective of the statement of cash flow is to assess how well a company manages its cash position and to measure how quickly a company

How to view the Cash Flow Statement in Deskera Books+?

Image Source: Tech Daily [https://techdaily.ca/online-banks-canada/]The statement of cash flow is a company’s financial statement indicating the cash and cash equivalent in and out of the organization. The investor can analyze the performance of the company based on how the company earns and spends its money

Cash Flow Statement for Indirect Method in Deskera Books+

Based on the previous article, we all know that the Cash Flow of Statement shown on Deskera Books, by default, is using the direct method. However, users are allowed to change the report to the indirect method, if you prefer to. Disable the toggle to switch to the indirect method.

How to map the line items of Cash Flow Statement to the right account using Deskera Books?

Once you have view the Cash Flow Statement, you can map the line item seen in the report to the right account. All the changes will be reflected in the Charts of Accounts. Click on the Setting icon at the top right of the page. Follow through the steps mentioned

What is General Ledger in Deskera Books?

General Ledger acts as a master record for all financial transactions of your company. A ledger is typically segregated into five categories - Assets, Liabilities, Owner’s Equity, Revenue, and Expenses. It follows a double-entry system, whereby each transaction will have debit and credit journal entries posted. Within each account,

What is a Trial Balance for under Deskera Books?

To check if the ending figures of your General Ledger are balanced, you should use a Trial Balance. Based on the double-entry accounting system, each transaction should have the total debits equal to the total credits. A Trial Balance serves as an essential function by allowing businesses to spot discrepancies

Product and Inventory management

Most businesses market their products to the end consumers or other firms to satisfy the needs of their customers. Product means a single good developed that is distributed via various distribution channels. Inventory management is a system that allows us to track and supervise the flow of acquiring the goods

The importance of cloud inventory management software

Many small business owners are choosing to use inventory management software to help their businesses gain more efficiency and productivity. Some of the advantages of using cloud inventory management software are: 1. Real-time tracking of inventory * Tracking inventory in real-time is crucial for every business owner. * With the help of

What is a tax report?

Every business owner must file corporate tax every year without fail. If they avoid paying taxes, they might be penalized by the tax authority. A tax report can be defined as a document filed with a taxing authority that reports the company’s income, expenses, and other relevant information. Tax

Sales tax and purchase tax

There are two types of taxes involved in every business - sales tax and purchase tax. The sales tax rate in Singapore is at 7%, and the law allows the seller to collect funds known as ‘tax’ from the buyers at any point of purchase. The end consumer pays sales

Aged Payable Summary Report under Deskera Books

What is the Aged Payable Summary report? This report helps to consolidate all payable accounts on the same page and enables you to oversee the accounts payable at one glance. Accounts payable are debt that the company owes to its suppliers or vendors for goods and services the company received

Aged Receivable Summary Report under Deskera Books

What is the Aged Receivable Summary report? This report helps to consolidate all receivable accounts on the same page and enables you to oversee the accounts receivable at one glance. Accounts receivable are debts owed to the company by customers for goods and services the company has sold to them

Sales by Contact Report under Deskera Books

This report is generated based on the sales of your products in the Invoice tab. In this section, you can view all the data related to gross sales, discounts, and net sales for every customer that buys from you. To generate the sales by contact report: 1. Go to the

Purchase by Contact Report under Deskera Books+

This report is generated based on the purchases you have made from your vendors. In this section, you can view all the data related to gross purchases, discounts, and net purchases for every vendor that you have created in the Bill tab. To generate the purchase by contact report: 1.

Stock Valuation Report under Deskera Books+

Basically, the stock valuation report in Deskera Books refers to the stock item levels in your organization and the value of the stock at the time the report is generated. Using the Deskera Books system, the users are able to identify and analyze which products have the highest stock valuation

What is a Statement of Account in Deskera Books?

Businesses send the Statement of Accounts to their buyers to recap their products and services within a specific time, typically every month. It gives your customers a clearer picture of their purchases from your company. Your customers will know how much they have purchased from you and their outstanding balances,

Quotation Report under Deskera Books

As mentioned in the previous article, a quote is a document informing customers about the goods, the number of products, and the pricing of goods without any transaction incurred yet. Using Deskera Books, users can now generate quote reports based on the time frame as they preferred. Firstly, to generate

Sales Invoice Report under Deskera Books

Besides generating quotation reports, Deskera users can create their sales invoice reports based on the time frame they preferred. Enter the date range; daily, weekly, bi-weekly, monthly, or yearly as your preferred. If you are generating hundreds and even thousands of invoices monthly, it can be quite troublesome to search

Sales by Product Report under Deskera Books+

As we already know, a product can be tracked or non-tracked goods. With Deskera Books+ system, users can now generate the sales by product report, and it's only applicable for tangible goods. Firstly, to view the sales by product report, go to the 'Reports' tab on

Bill Lists Report under Deskera Books

The bill lists are the goods that you have purchased from your vendors. Deskera users are able to generate their bill List report based on the time frame they preferred. Enter the date range; daily, weekly, bi-weekly, monthly or yearly as your preferred. Firstly, to view the Bill List report,

Purchase by Order Report under Deskera Books

Purchase Order is a document indicating the goods and total amount of products given to you by your vendors before confirming the orders. Deskera users can generate their Purchase Order report based on the time frame they preferred. Enter the date range; daily, weekly, bi-weekly, monthly, or yearly as your

Purchase by Product Report under Deskera Books

The purchase product report is generated based on the goods that you have purchased from your vendors. Firstly, to view the Purchase by Product Report, go to the ‘Reports’ tab on the sidebar menu. Under the Purchase section, click on the 'Purchase by Product Report’. You will be directed

Receipt List Report under Deskera Books+

Deskera Books' users can keep track of the payments that they have received from their customers in the Receipt List Report. In this report, you can view all the payments that you have marked as received on the Invoice page. 1. Firstly, to generate the receipt list report in

Payment List Report under Deskera Books

Deskera Books' users can keep track of all the payments they have made to their vendors. 1. Firstly, to generate the receipt list report in Deskera Books, go to the ‘Reports’ tab on the sidebar menu. 2. Next, click on the ‘Payment List’ under the Purchase section. 3. Deskera

How to generate credit notes and debit note reports in Deskera Books?

Books users can access to their credit note and debit note reports that you have applied in the Invoice and Bill documents. To view this report, follow the steps stated below: 1. Click on the Report on the sidebar menu. 2. Under the Sales section, select the Credit Notes to

How do I add a Bank in Deskera Books?

One of the essential accounting software features is allowing the users to connect to their bank feeds for smoother business transactions. This article covers the step-by-step guide on adding a bank in Deskera and connecting your bank account using Plaid, Yodlee, and SaltEdge. Let's begin. How do I

How to edit bank account's details in Deskera Books?

To edit the bank account's details on Deskera Books, follow the steps stated below: 1. Go to the 'Bank' tab on the sidebar menu. 2. Click on the contextual menu (three vertical dots) of the existing bank accounts. Select the 'Edit' button. Edit the

What is Bank Reconciliation in Deskera Books+?

Using the Deskera Books+ software, your company's finance team can compare the company’s sales and purchases against your bank records. This functionality enables you to easily track the accounts payable and accounts receivable of the businesses. Click on the "Bank" icon, and under the bank

How to do a Manual Bank Reconciliation in Deskera Books?

One of the tasks of every finance department is to make sure that their bank accounts are matched to their accounting records. Hence, they need to make sure that their cash balances on the balance sheet are similar to the amount in the bank statement. The users of Deskera Books

How can I perform bank reconciliation in Deskera Books?

It's crucial to ensure that your organization's cash balances match your bank transactions on a monthly or quarterly basis. This process is known as the bank reconciliation process, a common practice performed by most organizations. Bank Reconciliation helps to ensure that there are no payments are

How can I connect my bank account to Stripe using Deskera Books?

By using Deskera Books you can connect to the Stripe Payment for making and receiving the payment on sale and purchase of goods and services. Following are the below steps for receiving payments using stripe account by using Deskera Books: 1. On the main dashboard, click on the Bank button.

How can I receive Stripe payment from customers using Deskera Books?

Once you have connected your bank account to Stripe, you can send the Stripe link to your customers. This enables them to credit the payment to you directly via the link you send them. Check out on the steps as mentioned below to send the Stripe link to your customers:

US Taxation: What is Nexus?

When dealing with customers based in the US, you might find yourself having to pay sales tax as dictated by the state your customer is located in. Sales tax in the US is not uniformly implemented throughout the entire country but is instead given to each individual state to govern.

US Taxation: Product Classification

When dealing with customers based in the US, you might find yourself having to pay sales tax as dictated by the state your customer is located in. Sales tax in the US is not uniformly implemented throughout the entire country but is instead given to each individual state to govern.

US Taxation: Exemption from sales tax

When dealing with customers based in the US, you might find yourself having to pay sales tax as dictated by the state your customer is located in. Sales tax in the US is not uniformly implemented throughout the entire country but is instead given to each individual state to govern.

US Taxation: Out of state transactions - Origin VS Destination State Tax

When dealing with customers based in the US, you might find yourself having to pay sales tax as dictated by the state your customer is located in. Sales tax in the US is not uniformly implemented throughout the entire country but is instead given to each state to govern. Therefore,

US Taxation: Sales tax vs Use tax

This article will briefly describe the differences between Sales Tax and Use Tax. What is a Sales Tax? Sales tax is the tax charged to the consumers as required by the states and thousands of local jurisdictions. Seller will have to collect sales tax from consumers if there is a

US Taxation: Streamlined Sales Tax (SST)

Have you ever wondered what Streamlined Sales Tax (SST) is? Will you be able to answer any questions related to SST if you’re being asked? Probably not, but you will soon, right after you finish this article. In this article, we will cover the brief history of SST, why

US Taxation: Criteria to be a Volunteer Seller

To be qualified as a volunteer seller, your business will have to meet all the requirements during the 12 months before the date of registration with the member state, as mentioned below: * less than $50,000 of property in that state * less than $50,000 of payroll in that state

US Taxation: Sales Tax Report under Deskera Books

As a business owner, one of the main responsibilities you should be practicing without fail is to collect and remit sales tax correctly. As we are aware that sales taxes are governed by individual states, each state can set its own sales tax due date. Most of the states would

India GST: Introduction to GST in India

Goods and Services Tax (GST) is also known as indirect tax or consumption tax in India on the supply of goods and services. It is a comprehensive, multistage, and also known as destination-based tax. The GST in India is comprehensive because it has subsumed almost all the indirect taxes except

India GST: The Four Tier Tax Structure of GST

The Goods and Service Tax in India is organized in such a way that all the necessary services and some food items are placed in the lowest bracket, and the other luxury goods and services and de-merit goods are placed in the highest bracket. The GST council has set the

India GST: What are HSN and SAC codes in GST?

Understanding the HSN Code HSN stands for the Harmonized System of Nomenclature. It is used for the classification of goods in a systematic way. HSN is a 6 digit code developed by the World Customs Organization (WCO) which is accepted worldwide. The purpose of the implementation of the HSN Code/

India GST: Place of Supply

As we know that the GST is a destination-based tax, so the computation of GST will be different depending on the place of supply. There are three components in GST that are crucial for the computation of GST and they are IGST, CGST, and SGST. For any intra-state transaction, it

India GST: What is GST Cess?

The tax system and administration are different for every country. It's not unusual for a country to impose Goods and Service Tax (GST) on businesses for the government to control, regulate, and generate revenue. In India, the tax system is unique and different compared to other countries. If

India GST: What is Input Tax Credit (ITC)?

After reading the previous article on 'The Introduction to GST in India,' I'm sure you have a better understanding of how the Goods and Service Tax works in India. We will cover more topics about taxes in India. We will touch on the definition of the

India GST: What is Input Tax Credit Reversal in GST?

I'm sure you have a clear understanding of how the ITC works in India based on the explanation of Input Tax Credit (ITC) in the previous article. [https://www.deskera.com/care/india-gst-input-tax-credit-itc/] In this article, we will delve further into the reversal of Input Tax Credit in

India GST: What is a composition scheme?

Composition Scheme It is a hassle-free compliance scheme for small taxpayers. In the Composition Scheme, a registered taxable person whose aggregate turnover does not exceed one crore and 75 lakhs for the special category states can pay tax at a lesser rate. The tax rates applicable under this scheme are

India GST: What is a reverse charge and how to apply RCM in Deskera Books?

Reverse Change is a process under GST in which the receiver, makes the payment of GST instead of the supplier. In normal cases, the supplier is the one who pays tax on supplies, but in the case of reverse charge, the role gets reversed. Here, the buyer pays taxes directly

India GST: What is Special Economic Zone?

SEZ stands for Special Economic Zone, and all the businesses that operate in this zone can enjoy simpler tax and easier legal compliances. The Special Economic Zone was implemented in India on the 1st of April 2000 to enhance the country's foreign investment and to provide a competitive

India GST: What is E-way Bill system?

All about E-Way Bill System Electronic Way Bill System is implemented in India with the purpose of consignment or movement of goods from one place to another, from a consignor(seller) to a consignee(buyer) abiding the Goods and Service Tax (GST) regulation. The government in India has successfully rolled-out

How to Create an E-way Bill in Deskera Books?

When a customer purchases products from you via online shopping, you have to deliver the goods to them. In order for the products to reach your end consumers or suppliers, some businesses require delivery services. These businesses typically offer delivery services for their customers and charge an additional transportation fee.

India GST: What are the different types of GST Returns?

GST Return A registered person/business has to file a document or report that contains details about the income to the tax authorities every calendar month. This document or statement is known as GST Return. The GST Return should include purchases, sales, output GST on sales, and input tax credit.

India GST: What is Tax Deducted at Source (TDS) and Tax Collected at Source (TCS)?

Tax Deducted at Source (TDS) TDS stands for Tax Deducted at Source. It is a process to keep an eye on the transactions of the supply of goods and services by making the buyer of such transaction deduct a small amount to be paid to the supplier and deposit the

India GST: GSTR-1 Report in Deskera Books

GSTR-1 is a report about the monthly return of outward supplies that shows all the sales transactions of a business. Who should file for the GSTR-1 Report? Any normal and registered taxpayer in India is required to file the GSTR-1 Report by every 11th of the following month without fail.

India GST: GSTR-3B Report in Deskera Books

The GSTR-1 Report is mainly about the details of the sales and outward supplies, whereas the GSTR-2 involves the Report of details of purchases. In this article, we will discuss GSTR-3B, which consists of a monthly summary of sales and purchases, which is auto-populated by pulling the source of information

India GST: Understanding GSTR-1 Report in Details

In this article, we will explain each section in GSTR-1 Report in detail. If you are unable to find there report, click here [http://gwebsol.byethost12.com/gstindianewsdownload/forms/pdf/GSTR-01.pdf] to download it onto your desktop. Once you have downloaded the GSTR-1 Report, you will have to fill

India GST: Understanding GSTR-3 Report in details

GSTR-3 is a mandatory, self-declaration report that has to be filed by taxpayers even if they have zero returns. The details in the Form that are required to be reported by the taxpayers are: * Liable Input Tax Credit (ITC) * Liable Tax * The total amount paid for tax * Details of both

Malaysia Tax: Sales and Service Tax (SST)

The Goods and Service Tax (GST) is replaced by the Sales in Service Tax (SST) on the 1st of September 2018. The Sales and Service Tax (SST) in Malaysia consists of two components such as the sales tax and the other one, the service tax. The sales tax, a single

Malaysia Tax: Different Types of SST in Malaysia under Deskera Books

In the main dashboard of Deskera Books, click on the Products on the sidebar menu. When you’re creating a new product, you are required to fill in the fields as shown, especially the tariff code, default tax rate if your products are taxable, and if your products are non-taxable,

Malaysia Tax: What is Schedule A, B, and C all about?

According to the Sales Tax Act 2018, Section 35, the Minister has the authority to exempt sales tax. The sales tax exemption can be categorised into two groups such as exemption by order of the minister and specific exemption. Based on Malaysia's Sales Tax Exemption Guidelines, there are

Malaysia Tax: Penalty For the Late Payment of Tax

Penalty of Late Payment of Tax Penalty will be charged to those who make late payment of tax. Besides that, penalties will also be imposed on those who submitted deficient net tax payable, SST return is submitted without payment or lesser amount, or any failure to register SST. All the

Malaysia Tax: Why should I indicate my Vendor Type when Creating a Contact?

Indicating the right vendor type on Deskera Books during the creation of contact enables us to map the information accurately to the SST-02 Report. When you’re adding a contact, you should come across this section; vendor type. There are three options you can choose from when indicating your the

Malaysia Tax: Filing Tax Return Period

Every registered business will have to file their sales and service tax return at the government portal. The first taxable period begins from the date the registered person should have registered and the following month ends. The subsequent taxable period shall be a period of two months ending on the

Malaysia Tax: Filing of SST-02 Report under Deskera Books

If you are a registered taxable person in Malaysia, you are required to prepare and file the SST-02 Report. To view this report, go to the Report tab on the sidebar menu and select the SST-02 Report under the Tax section. Deskera Books users can filter the report based on

Malaysia Tax: Sales and Service Tax Return under Deskera Books

With Deskera Books software, users are not required to prepare the sales and service tax return report manually. For all the selling activities you have performed in the Sell tab, the data will automatically be mapped to the Sales and Service Tax Return Report. Click on the Sales and Service

Philippines Tax: Introduction to VAT

We may be aware of VAT(Value Added Tax), which is a part of our life, we are paying it regularly. VAT is mostly on the goods and services we purchase. In this article, we will see the basics you need to learn about the Philippines VAT. What is Value

Philippines Tax: Types of VAT and Tax Rates?

Types of VAT and tax rates 1. Taxable- 12% * On Sales of goods and properties- 12% of the gross selling price or gross value in money of the products and properties sold, exchanged, or bartered. * On Sales of services and use or lease of properties - 12% of gross receipts

Philippines Tax: View, Add Taxes using Deskera Books

As a VAT registered business owner in PH, you can set up the required tax using Deskera Books. Under setting, click on Tax to view tax setup and also add new tax rates in the system Below window will pop up: Add and view tax rate in the system -

Philippines Tax: View and Export Sales and Purchase Relief Reports using Deskera Books?

To view the Sales and Purchase Relief reports on Deskera Books, under the Report on the sidebar menu. You will see two reports, 1. Sales Relief Report, 2. Purchase Relief Report. Let us see these reports in detail. Types of Tax: Sales and Purchase Relief 1. Click on the Sales

Philippines Tax: How to file the BIR2550Q- Quarterly VAT using Deskera Books?

As a business owner in PH, using Deskera Books you can file the BIR2550Q- Quarterly VAT return to the government. To file the BIR2550Q Quarterly Return using Deskera Books, select the Report button on the sidebar menu. Under VAT Reports Section, click on BIR2550Q Quarterly Return. BIR2550Q Quarterly ReportLister below

Philippines Tax: Tax Exemption from VAT

Tax-exempt refers to incomes that are free from tax at the State, local, or federal level. The reporting of tax-free items may be on a taxpayer's business or individual tax return and shown for informational reasons only.. Tax-exempt also refer to the status of a organisation or a

Philippines Tax: Withhold Tax and rates

What is the Philippines withholding tax? When a business withholds a portion of a payment for services or goods to a supplier and remits that portion to the government on behalf of its supplier is known as withholding tax. This is a tax compliance method utilized by governments to ensure

Philippines Tax: View, Add, delete, edit WHT Taxes using Deskera Books

As a WHT registered business owner in PH, you can set up the required WHT rates using Deskera Books Under Settings, click on WHT Rates to view WHT setup and also add new WHT rates in the system. Below window will pop up, where you can view and add WHT

Philippines Tax: How WHT is applicable in Deskera Books?

In the previous articles you have seen how to add, view, edit and delete WHT tax using Deskera Books. Let is now take a look at, how the WHT is applicable in different modules on Deskera Books As a user WHT Rate is calculated while creating business transactions like invoice,

Philippines Tax: BIR2307- Quarterly Return Report under Deskera Books

BIR 2307 is a report about the quarterly return of payment made on the purchase of goods. Why should you file a BIR 2307 Report? The BIR Form 2307 is more commonly referred to as the Certificate of Creditable Tax Withheld at Source. This certificate exhibits the income that is

Philippines Tax: BIR1604E- Annual Return Report under Deskera Books

BIR1604E is a report about the annual return of payment made by the vendor on the purchase of goods. What is BIR1604-E Form? BIR Form 1604-E, or also known as Annual Information Return of Creditable Income Taxes Withheld (Expanded)/ Income Payments Exempt from Withholding Taxes shall be filed by a

Philippines Tax: Semestral List of Regular Suppliers Report under Deskera Books

Semestral List of Regular Suppliers is a report of payment made by vendors on the purchase of goods. What is SRS? This report summarizes the list of regular suppliers of goods and services that should be submitted on a semestral basis to the Revenue District Office where the taxpayer is

Philippines Tax: Monthly Alphalist of Payees Report under Deskera Books

Alphalist of Payees report is about the monthly return of payment made by the vendor on the purchase of goods. What is an Alphalist payee? The Bureau of Internal Revenue (BIR) issued Revenue Regulation (RR) No. 1-2014 requiring all employers/withholding agents, regardless of their number of employees and payees,

Philippines Tax: SAWT for Customer Report and SAWT for Vendor Report under Deskera Books

SWAT for customer report is about the monthly return of payment received by the customer on the purchase of goods. What is SWAT? SAWT is a Summary Alphalist of Withholding Tax at Source serves as a consolidated alphalist of withholding agents from whom income was received and are subjected to

Philippines Tax: BIR1601E Monthly Return Report under Deskera Books

BIR1601E is a report about the monthly return of payment made on the purchase of goods. Who shall file the BIR1601E Report? Monthly Remittance Return of Creditable Income Taxes Withheld (Expanded). This is filed by every withholding agent also known as the employer, individual or non-individual, who is required to

Philippines Tax: BIR1601F Monthly Return Report under Deskera Books

BIR1601F is a report about the monthly return of payment made on the purchase of goods. Who shall file the BIR1601F Report? Monthly Remittance Return of Final Income Taxes Withheld. The withholding agent or the employer files this return for the amount of final income withheld and remitted on behalf

Philippines Tax: BIR0619E MAP Report under Deskera Books

BIR0619E is a report about the monthly return of payment made on the purchase of goods. Who shall file the BIR0619E Report? This monthly remittance form shall be filed in triplicate by every withholding agent/payor required to deduct and withhold taxes on income payments subject to Expanded/Creditable Withholding

Indonesia Tax: Introduction to VAT

Value added tax (VAT) is the tax consumption imposed on each production stage of both products and services until the final sale of Product. The VAT rate in Indonesia is 10% and is levied on most goods and services in Indonesia. Business owners in Indonesia must be fully aware of

Indonesia Tax: Types of Value-added taxes and rates

Value added tax (VAT) is due on the transfer of taxable goods or the provision of taxable services. There are three types of VAT taxes: 1. Standard Type : 10% 2. Zero Rated - 0% 3. Exempted - 0% 1. Standard Type- 10% ( All other taxable goods and services) The delivery

Indonesia Tax: What is NPWP Number?

Nomor Pendaftaran Wajib Pajak (NPWP) NPWP is a 15 digit Identification Tax Number where the organisation was able to pay the taxes of their employees under one NPWP number for those who are eligible to pay taxes. The tax office in Indonesia requires all individuals residing in Indonesia to have

Indonesia Tax: How is the NPWP number applicable to Deskera Books?

In the previous article you have learned in detail about what is NPWP number, now lets see how the NPWP number is applicable on Deskera Books. As a business owner by using Deskera Books you have an option to define your company's NPWP tax registration number. Under settings

Indonesia Tax: View, Add Taxes codes using Deskera Books

When User sets up the company using Deskera Books for Indonesia then taxes are shown as default in the system. As a VAT registered business owner in Indonesia you can view, add tax codes using Deskera Books. Under setting, click on Tax tab to view tax codes set up and

Indonesia Tax: Filing PPN Masukan (VAT In) and PPN Keluaran (VAT Out) reports using Deskera Books

Organisations, investors, and individuals need to file various taxes in Indonesia.In Indonesia, the tax obligations may include individual income tax, corporate income tax, value-added tax, withholding taxes, international tax agreements, luxury-goods sales tax, tax concessions, customs & excise, and land & building tax. In his article you will see

Indonesia Tax: How to set up VAT in Deskera Books?

Using Deskera Books you can Set up VAT while creating a new Contact 1. Under Contacts on the main dashboard menu, click on “+Create” button, below window will appear and you need to fill in required fields to set up VAT for your company. Indicate the customer tax type and

Indonesia Tax: How to Set up and Map Excise Tax using Deskera Books?

Excise policy in Indonesia is mandatory imposed on certain goods that have certain aspects, such as cigarettes, e-cigarettes, alcohol, and other tobacco and alcohol related products.For collection of these excise in Indonesia,Directorate General of Customs and Excise [https://en.wikipedia.org/wiki/Directorate_General_of_Customs_and_Excise]

Indonesia Tax: Withhold tax and Rates type

Indonesian income tax is collected mainly through a system of withholding taxes. Where a certain item of income is subject to withholding tax, the payer is usually held responsible for withholding or collection of the tax. These withholding taxes are commonly referred to using the relevant article of the Income

Indonesia Tax: Add, edit, delete Withhold tax using Deskera Books

As a User you can Add, Edit, Delete Withhold tax using Deskera Books, Following are the below steps, 1. Add Custom Withhold Tax: Under Settings on the main dashboard menu, click on the WHT Rates for Adding a custom WHT rate. Go to Setting and select WHT RateTo add a

UAE Tax: Introduction to VAT

Value Added Tax (VAT) was introduced in the UAE on 1 January 2018 with a rate of VAT 5%. The VAT, as a general consumption tax, will apply to the majority of transactions in goods and services. UAE imposes VAT on tax registered businesses on a taxable supply of goods

UAE Tax: What are Designated Zones in the UAE?

Designated Zone is any specific area assigned by Cabinet Decision to be outside the UAE for Value Added Tax (VAT) purposes. Territories designated to offer incentives to businesses. For this to happen, a number of conditions need to be fulfilled. List of Designated Zones in UAE In total, 20 Zones

UAE Tax: Types of VAT and Rates

The Gulf Cooperation Council (GCC) framework has agreed on three VAT rates that may be levied by the member states with some degree of discretion. The first two are taxable supplies, while the third is a tax exempt supply. * Standard Rate * Zero Rate * Tax Exempt Let us learn more about

UAE Tax: View, Add, delete, VAT using Deskera Books

In the previous articles you have seen different types of VAT and its rates in UAE. Now let's see how these Taxes can be set up using Deskera Books. When User set up the company for UAE region/country then below taxes required are by default in Deskera

UAE Tax: How VAT is applicable in Deskera Books?

In the previous article you have seen how to view default tax and set up custom tax in the system. Let is now take a look at, how these Tax rates are applicable in different modules on Deskera Books As a user you can calculate Tax Rates while creating business

UAE: Reverse Charge Mechanism under VAT using Deskera Books

Reverse Charge Mechanism (RCM) under VAT eliminates the responsibility for the businesses outside the UAE to register for VAT in UAE. The reverse charge mechanism under VAT is mainly used for transactions from cross the border. In a typical business, the supplier supplies goods to the customers and collects VAT

UAE Tax: How to Set up and Map Excise Tax using Deskera Books?

Excise tax was introduced across the UAE on 1 October 2017. Excise tax is a form of indirect tax levied on specific goods which are typically harmful to human health or the environment. The aim of excise tax is to reduce consumption of these commodities, whilst also raising revenues for

UAE Tax: VAT Return 201 Report under Deskera Books

The businesses registered under UAE VAT are required to file online VAT returns. The VAT returns are required to be filed on a quarterly basis and a few types of businesses may be requested to file on a monthly basis. The VAT return form 201 is at a summary level

How do I use Pick, Pack, and Ship in Deskera Books?

We have touched on what pick, pack and ship is, and in this article, we will guide you on how to use the pick, pack ship feature on Deskera Books. Assuming that you have already created a Quote or an Invoice in the Sell Tab, click the ‘Fulfill’ button at

How do I add multiple warehouses in Deskera Books?

As a medium to large organization, it’s not possible to store all your stocks in a single warehouse if you run your business globally. Most large scale companies with huge inventory counts usually have more than fifty, if not hundreds of warehouses around the globe. Even Amazon, one of

How can I edit, change or delete the warehouse in Deskera Books?

You may edit the details of the warehouses you have created on the Deskera Books system if required. Here are the steps Deskera users can follow to make an adjustment to the details of an existing warehouse: Edit your warehouse details via the contextual menu 1. Go to the ‘Warehouse

How to apply warehouses to different Modules in Deskera Books+?

In the previous article, you have learned about various features of Warehouses used in Deskera Books+ System. Now let us see the applicability of the Warehouse to different Deskera Books Modules to Products, Quotes/Invoices, and Fulfillment. 1. Creating a New Product Select the product type as "tracked"

How do I use Dropship in Deskera Books?

Based on the previous article, we have already explained to you what is dropship and in this article, we will guide you on how to use the Dropship functionality on Deskera Books system. Assuming that you have already created the documents in the Quotes/Invoices Tab, click on the ‘Fulfill’

Steps to Convert Dropship Purchase Order to Bill

Once the purchase order is fulfilled you need to follow the below-mentioned steps for converting drop-ship Purchase Order to Bill. Convert the dropship purchase order to bill1. In the Purchase Oder from the dropship, click on the Bill button at the top right-hand side of the page. 2. Any Invoice/

Can I edit the purchase order after selecting dropship?

Edit the purchase order documentYou can edit and make changes to some of the fields in the purchase order page by clicking on the "Edit” button at the top right-hand side of the page. Follow the below instructions to edit the fields: * You cannot edit quantities and change product

What is Bill of Materials?

Bill of Materials, also known as B.O.M., is a very crucial component in the manufacturing industry. The Bill of Materials is the list of all the raw materials, components, assemblies, sub-assemblies, sub-components, and parts that are needed to process and produce the end product. The manufacturers will gather

How to create a Bill of Materials in Deskera Books+?

Based on your reading on the Bill of Materials, you now have a clear understanding of the meaning of the Bill of Materials. We do understand that the B.O.M is a crucial feature, especially for those in the manufacturing industry. Hence, using Deskera Books+, you can now create

How do I sign-up for a Bookkeeper Account in Deskera Books?

Accounting is tedious and time-consuming. As a business owner, if you lack the skillset or expertise to help you with your business finances and accounting, you can always hire a bookkeeper to help you solve your accounting dilemma. Or, you can hire a certified accountant to oversee, track and verify

What’s the difference between Client Management and Client Access?

When you are adding teammates, you have come across the term client management and client access. Both of this term has different meanings and it’s good if you are able to understand this terminology. Enable the client management toggle. If you enable the Client Management toggle, you should be

How to add new clients in Deskera Bookkeeper?

Once you have signed up to the Bookkeeper system, the next thing you have to do is to add your Client in the system. Using the Deskera Bookkeeper system you can add clients in the system. To add a new client, follow the steps below: 1. Go to the Clients

How can clients add bookkeepers using Deskera Books?

In the previous article, we have covered how a bookkeeper can add clients and assign teammates in the system. However, bookkeepers can only add new clients (meaning clients that do not have an existing Deskera Books subscription). For clients with existing Deskera Books accounts that wish to employ a Bookkeeper’

How does Multi-currency work using Deskera Books?

As business goes global, dealing in multiple currencies becomes mandatory. Any organization dealing in the international market is expected to sell in the US Dollar and the local currency. When the organization is purchasing across the borders also, the same multi-currency issue arises. To deal with this, the organization needs

How to apply multi-currency in the Accounting Module?

Once you have ticked the check-box allowing for multi-currency in the Setting Module, you can apply the multi-currency for different Modules on Deskera Books. Multi-currency is extremely useful for businesses that trade internationally. Here are some of the places where you can view the multi-currency on Deskera Books. Bank Module

How do I sign up for a new account in Deskera Books?

If you are looking for accounting software, this is the best place to start. To embark on your journey with Deskera Books, users can start by signing up on our Deskera Portal. [https://erp.deskera.com/#/auth/signin] Once you are in Deskera Books page, you are required to sign

How to add multi-company in Deskera Books+?

With Deskera Books+ software, you can now add multiple organizations in a single account. For example, if you’re the parent company of ABC Private Limited and you wish to oversee two subsidiary companies that you own, you can proceed to add two more subsidiary companies by following the steps

User's Role and Access in Deskera Books

A role is a set of permissions assigned to a user so that they can access the documents and information they need at any point in time. With Deskera Books, you can set up specific roles and assign those roles to your employees who will be using the system. Listed

Onboarding Process in Deskera Books

Welcome on-board, and you're officially part of Deskera family now. Hooray! After you have successfully sign-up, the next move you need to make is to explore each module's workflow in Deskera. As a first-time user of Deskera Books, we suggest that you activate the demo company

How can I create a new document numbering format in Deskera Books+?

Every business records its documents using a distinct numbering format. By labelling the transactions using the number sequence, it is easier for businesses to track and identify their documents, improving work efficiency. In Deskera Books+, we provide flexibility to our users by customizing their business transactions using the number format

Send Emails Using Deskera Books

With Deskera Books software, users can send emails to the respective party for the different documents such as; quotes, bills, orders, and even invoices. Since you have learned how to generate the invoice in this system [https://www.deskera.com/care/create-invoice-deskera-books/], in this article we will guide you on

How to send an E-Invoice using InvoiceNow with Deskera Books?

As part of the government’s initiative to streamline invoicing processes nationwide, the IMDA has introduced e-invoicing among businesses, currently known as InvoiceNow. This initiative helps businesses speed up their operational process, improve payment cycles, and help reduce business costs in the long run. Deskera is a proud member of

How to create a new organization in Deskera Books+?

Once you have signed up for an account, the next thing that you need to do is to set-up your organization. Create a new organizationTo start off, you will need to fill in your organization's name. The name of your organization will be reflected in the system and

Introduction to Deskera Cloud

Deskera Cloud is a platform where you can manage your Deskera account details and view the current products that we offer - Deskera Books, Deskera Sales, Deskera People, and the Deskera Mobile App. Deskera Cloud's DashboardOn the Deskera Cloud dashboard, you can update your company's details

How do I manage my account in Deskera Cloud?

Once you have successfully created your Deskera account, you can view the Deskera All-in-One Dashboard. View the products available in DeskeraYou can choose to activate a 15-day trial for each of the products available; Deskera Books, Deskera Sales, and Deskera People. Once you have activated the free trial, the system

How do I add users to Deskera Cloud?

In the user management page, you can oversee all the users you have added to the various Products in our system. To add users to the system, regardless of which products, you can add the users right here. 1. Click on the "Add Users" button in Deskera User

How can I Edit and Delete Users in Deskera Cloud?

View, edit and delete the users in Deskera's cloudTo make any changes to the users you have added to the system, follow the steps as mentioned: 1. Login to Deskera's Main Dashboard via deskera.com or go.deskera.com. 2. Click on User Management and then

How do I Upgrade Plans under Deskera Cloud?

You can upgrade your plan on Deskera Cloud's Dashboard.Once you have logged in to your account on Deskera, you should be able to view the image as attached above. To upgrade the plan, you can click on the Change Plan button. This will direct you to the

How to access Deskera App Store?

To start, Deskera App Store is the platform where you can integrate your other e-commerce accounts, track the company's inventory, and also, the shipment of your products. Here are some of the apps available on Deskera App Store: * USPS * FedEx * Shopify * Amazon * Zapier * Stock Transfer * Stock Adjustment As

Connect Deskera Books to hundreds of other tools with Zapier

Zapier enables Deskera Books' users to connect with 2,000+ other web services. You can set up automated connections, also known as Zap, in minutes, without involving any codes. Hence, integration with Zapier on Deskera Books enables users to automate their day-to-day tasks and build workflows without interruptions. This

How to integrate with Stock Transfer in Deskera App Store?

On Deskera App Store, users can track and monitor their inventory using the Stock Transfer and Stock Adjustment App. Deskera builds the Stock Transfer and Stock Adjustment App for organizations to monitor their stock more efficiently. To integrate with Stack Transfer, follow the steps mentioned below: 1. On Deskera Books

How do I make a Stock Adjustment in Deskera App Store?

In this article, we will guide you on how to adjust your stock counts on Deskera App Store. Follow the steps as mentioned below to make necessary stock adjustments: 1. Click on the Apps on the sidebar menu. Select the Stock Adjustment Application and click on the 'Get this

How to Integrate Veem Connect in Deskera App Store?

Deskera Books and Veem integration allows you to receive and send online payments for the US Orgs from your customers and view, reconcile payment transactions in Deskera Books and Veem account helps to receive automated payments Once your customers receive invoices, they can simply click on the ‘pay now’ button

How to Integrate PayPal in Deskera App Store?

Deskera Books and PayPal integration enable you to accept online payments from your customers and automatically view, reconcile transactions in Deskera Books. Once your customers connect their Deskera and PayPal accounts, you need to simply click on the ‘pay now’ button and make payment online by entering their credit or

How do I set a recurring invoice and bill document?

Setting a recurring invoice, bill, order, and quote document is not uncommon when running a business. You will continuously purchase from your vendors to replenish your stocks, or your customers will keep buying from you because they enjoy your products. Hence, setting a recurring invoice and bill document on a

What is Stock Availability by Warehouse Report?

The stock availability by warehouse report is a report showing the remaining quantity of a company's stock stored in different warehouses. In Deskera Books, you can tag each product to the warehouse it's stored. Prior to that, you will need to create additional warehouses in the

What is Stock Ledger Report in Deskera Books?

The stock ledger report is a list of record that tracks the movement of the stocks in and out from your company. Any transactions related to purchasing, selling, and stock adjustment are captured in the stock ledger report. To view the stock ledger report, follow the steps mentioned below: 1.

What is Stock Ageing Report in Deskera Books?

The stock ageing report, also known as the aged inventory report, is a report that provides the information related to the status of your inventory, typically the duration of each stock that sits idle in your warehouse before being sold or utilized. In Deskera Books+, the stock ageing report is

How to integrate with USPS and Fedex in Deskera App Store?

Using Deskera App store, you can also connect to USPS and FedEx to track the movement of your products from the warehouse until it reaches the final destination. Click on the USPS and Fedex icon To integrate with USPS and FedEx, follow the steps mentioned below: 1. On Deskera Books

How to Create an Expense Bill in Deskera Books Plus?

Create an Expense Bill to pay utility bills, any repairs and maintenance, office expenses, cleaning expenses, and anything related to the expense account. With Deskera Books Plus, you can create your expense bills with the following steps. Step 1: Navigate to Purchases > Bills > click Add New Button >

How to create Fixed Assets in Deskera Books?

A fixed asset is a long-term asset that a company purchased and used to produce goods and services. Fixed assets are non-current assets with a useful life of more than a year. Some examples of fixed assets are: * Land * Buildings * Machinery * Vehicles such as company's vans and trucks

How do I generate GST Report?

In Singapore, it is compulsory for businesses with turnover exceeding $1 million per year to register for Goods and Services Tax (GST). Being a GST registered company, you will enjoy claiming 7% of input tax from IRAS for business expenses or purchase incurred by you. However, the downside is that

How to Generate Inventory Valuation Report Under Deskera Books?

Inventory valuation is the monetary amount associated with the goods in the inventory at the end of an accounting period. The valuation is based on the costs incurred to acquire the inventory and get it ready for sale. With Deskera Books, you can generate an Inventory Valuation Report that gives

How to Use the Document Generator in Deskera Books+?

Creating an invoice and a bill template for your organization is made easy with Deskera Books' document generator. As a small business owner, if you have limited time to create a brand new bill or invoice template, you can quickly generate these templates straight from your Deskera Book+ account.

How to Apply Custom Field in Document Designer?

When designing your document template, you need to ensure that you are using the default system fields available in Deskera Books in order for our system to populate the data accordingly. So, what if you need to apply additional information in your invoice/bill document and you are clueless on

How to Generate a Bank Reconciliation Summary Report Under Deskera Books?

The Bank Reconciliation Summary is a report that makes it easy to see how organized your accounts are and if there are any remaining transactions to be matched in your Bank Reconciliation. On Deskera Books, once all the bank accounts have been successfully reconciled, you can then view your '

How to View/Generate Reconciliation Logs using Deskera Books?

The Reconciliation Logs displays a history of all changes made to your reconciliation accounts, along with user information for each change. With Deskera Books you can view the history for all changes to your transactions, from most recent to oldest, along with the user information for each change. To view

How to Generate Outstanding Purchases Good Received Report under Deskera Books?

When the goods or services that you ordered arrive, you need to check the quantities and prices against the original purchase order, and mark those items as having been received. With Deskera Books all The Outstanding Purchase of Good received are recorded for only Partial and not received goods. With

How to Generate an Outstanding Sales Fulfillment Report in Deskera Books+?

This report shows fulfillment details for authorized sales orders. You can use this report to see the fulfillment status for each order fulfilled partially/pending for fulfillment. With Deskera Books+, you streamline the order fulfillment process through the use of fulfillment reports. All the Outstanding Sales Fulfillment in Deskera Books+

How to Create Purchase Return in Deskera Books?

Sometimes goods may be returned to supplier if they carry defects or if they are not according to the specifications of the buyer. In Deskera Books, you can create purchase return for the order/bill document that you have already received goods fully/partially. Follow the steps as mentioned to

How to Create a Sales Return in Deskera Books?

Sometimes, businesses send faulty, broken, and wrong products to their customers. At the end of the day, the customers will have to send the faulty goods back to the sellers. The sellers will either refund the customers or replace the broken product with a new item. In Deskera Books, you

How to create your own website with Deskera website builder?

With the abundance of website builder tools available in the market, designing your website has never been easier. You can create and design your website confidently without the need to master the knowledge of html and css, using Deskera website builder. Let's find out more. How can I

How to configure Unit of Measurement in Deskera Books+?

UOM stands for Unit of Measurement. So, what is UoM? UoM is a way to measure the quantity of the item that are packaged differently. Here are some examples of UoM that are commonly used: * kilogram * litre * dozen * unit * hour * pieces * box * meter * carton How can I create additional UoM?

How can I configure the payment term in Deskera Books?

Payment terms are used by businesses to indicate when they will receive payments from their customers on a predictable schedule. In Deskera Books, you can view five default payment terms; NET 0, NET 10, NET 15, NET 30, and NET 45. If your preferred payment term is not reflected here,

How do I Get Started with Canada Compliance in Deskera Books?

Good news for all the small business owners in Canada! Deskera has recently rolled-out Canada compliance, which means you can immediately join onboard. Read more below as we cover the step-by-step guide for Canada compliance so that you can navigate Deskera fuss-free. Without further ado, let's begin. How

How invoice reminder works in Deskera Books+?

Invoice reminder is a great tool that enables you to follow up on your outstanding invoices and send invoice reminders whenever a due date is approaching. With the invoice reminder tool, you can collect payments on time and track your outstanding invoices closely. How do I enable the invoice reminder?

How to import sales invoices to Deskera Books?

We understand that it can be tedious and time-consuming to create sales invoices manually. Hence, with the import sales invoices feature, we hope to take your blues away. This article will guide you on how to import sales invoices to Deskera Books with a few easy steps. To find out

How to use undeposited funds in Deskera Books?

The undeposited funds in Deskera Books allow you to hold onto your customer's payments from multiple invoices before your company deposits the funds to the bank. Here's one main advantage of recording the payment as undeposited funds: > The undeposited funds feature can assist you in

How to create batch and serial number in Deskera Books?

Manufacturers commonly use batch and serial numbers to identify and track their stocks efficiently. If you are unsure what is batch and serial number is, we'll dive in further. A batch number is a unique number given to identify identical or similar products group. For example, if you&

How to Get Started with Australia Compliance using Deskera Books?

Small business owners in Australia can rejoice as we made it to the Australian continent. Deskera has recently rolled-out Australia compliance, which means you can quickly jump on board. Read more below as we cover the step-by-step guide for Australia compliance so that you can navigate Deskera fuss-free. Let'

What is Business Activity Statements (BAS) in Australia Compliance?

BAS, also known as Business Activity Statements, is an activity statement submitted to the Australian Taxation Office (ATO) by all taxpayers in Australia. It's a form submitted by registered business entities to lodge and pay their tax liabilities at a single time. Some of the tax obligations include:

How do I connect to my WooCommerce store using Deskera Books?

WooCommerce is an open-source e-commerce plugin for WordPress. For you to migrate your data from your WooCommerce store to Deskera Books+; first, you will need to have your WooCommerce website ready. Read more on the step-by-step guide below. How do I connect Deskera Books to my WooCommerce store? Follow the

How do I round off my bill and invoice document using Deskera Books?

The rounding off feature comes in handy when you need your invoice and bill documents to reflect as a whole number instead of decimal values. With Deskera Books, you can round off the final amount reflected in your invoice and bill effortlessly. How can I round off my bill and

How to Get Started with New Zealand Compliance in Deskera Books?

If you're a small business owner in New Zealand and are looking for accounting software to automate your accounting process, you are looking at the right place. As part of our recent release, Deskera has rolled out New Zealand Compliance so that you can plunge right in. Please

How do I generate GST101A and GST103B Report in Deskera Books?

As a GST-registered business in New Zealand, you must file GST101A and GST103B Report. Once you have registered for GST, you will need to: * charge GST to your customers * file the GST Returns * remit GST payment owes to Inland Revenue * keep track of your GST records What are the filing

Connect Deskera Books to hundreds of other tools with Pabbly Connect

Pabbly Connect enables you to integrate with other web services with a few clicks of a button. You can connect to various applications such as Google Sheets, Slack, Gmail, Shopify, Zoho Mail, Microsoft Office 365, Trello, and many more using Pabbly Connect. With this integration, you can automate workflows, build

How do I customize the header in the invoice and bill document?

When creating a new invoice or bills in Deskera Books, you can edit the column's header instead of using the default heading available. To edit the quote/invoice/order/bill documents' header, follow the steps mentioned below: 1. Login to your Deskera Books account. 2. Go to

Connect Deskera Books to hundreds of other tools with Integrately

When it comes to simplifying business processes, integration is the way to go. From reducing manual work, cutting down human-error, and saving time, there is no doubt integration helps business owners achieve these goals. With Integrately on Deskera Books, you can integrate with hundreds of external applications to automate your

How to sign-up for an eCommerce store using Deskera?

Deskera e-commerce store enables small businesses to sell their products and services online. Setting up your store using the Deskera eCommerce builder is fast and easy. It takes less than a few seconds to sign-up, and you can jump straight in. This article will walk through the step-by-step guide to

How do I generate a report using Deskera Report Builder?

Generating a business report is an everyday affair among business professionals. To sum, business report is a summary of your business information in an analytical, concise, and organized format. You can have an overview of the entire business operations, be it the total customer base to your company's

How do I enhance my account security on Deskera?

To increase your account security on Deskera, you need to activate two-factor authentication (2FA). Follow the steps below: 1. Login to your Deskera account. 2. This action will direct you to Deskera All-in-One Dashboard. 3. Next, click on Security via the sidebar menu. 4. Click on enable two-factor authentication button.

How do I configure the financial year closing in Deskera Books+?

During the financial year end and you'd like to close your books on Deskera Books, you can follow the step-by-step guide below. Refer to the steps below to close your books: 1. Login to your Deskera account. 2. Click on Switch To button at the bottom left of

How do I use Deskera Workflow Engine?

Have you ever wondered how you can complete your endless work tasks using the shortest time so that you can strike that off by night falls? It can be stressful and overwhelming to complete a big pile of work, especially if you have limited resources and time. That's

How do I make payment using my credit card in Deskera Books?

Businesses can clear their outstanding debts using their credit card account in Deskera Books. Read more below to find out how this works using Deskera Books as your accounting software. How do I activate my credit card account? Follow the steps below: 1. Login to your Deskera account 2. Click

How do I create a partial invoice in Deskera Books?

Partial invoicing enables you to have multiple invoices per sales order. With Deskera Books, you can create a partial invoice with the following steps: 1. First of all, click on the Sell tab on the sidebar menu and click on the Quote tab. 2. To create a new Quote, select

How can I connect to my Shopify account in Deskera Books?

If you have an eCommerce store on Shopify, you can now integrate your Shopify store to Deskera Books. In this article, we'll guide you on how to connect to your Shopify account via Deskera Books Marketplace App. Read more below. Where do I connect to my Shopify account?

How to do cash accounting in Deskera Books+?

You can generate your financial reports using the cash accounting method in Deskera Books+, besides using the system's default accrual accounting method. So, before we start, do you know what cash accounting is? Cash accounting is a method whereby businesses recognize revenues and expenses when cash is received

How do I get started with German Compliance in Deskera Books?

If you're a small business owner in Germany and are looking for accounting software to automate your accounting process, look no further than Deskera Books. Deskera has recently rolled out German Compliance so that you can dive right in immediately. Read more below to find out how to

How do I Get Started with UK Compliance in Deskera Books?

If you're a small business owner in the UK and are looking for accounting software to automate your accounting process, you are looking at the right place. As part of our recent release, Deskera has rolled out the UK Compliance so that you can plunge right in. Please

How do I get started with Belgium Compliance in Deskera Books?

Deskera has rolled out Belgium compliance as part of our recent release so that small business owners in Belgium can opt for Deskera as their one-stop accounting software. If you are a business owner in Belgium and are interested in Deskera, read more below as we guide you on the

How do I get started with Netherlands Compliance in Deskera Books?

Netherlands compliance is now made available in Deskera Books for small business owners in Netherlands. As a small business owner in Netherlands, you can join onboard if you are looking for an accounting software that fits your small businesses. In this article, we will guide you on setting up your

How to generate Sales Tax Report for Canada compliance in Deskera Books?

There are two reports that you can generate for Canada Compliance in Deskera Books. They are Sales Tax Report and Tax Report by Tax Code. Read more below to generate these reports using Deskera Books. How to generate the Sales Tax Report? 1. Login to your Deskera account. 2. Click

How can I convert transaction currency to base currency in Deskera Books?

As a businessman, you might operate in a country without using the local currency for your business transactions. If you are selling or buying using foreign currency, you will need to convert the transaction currency to local currency for tax reporting purposes. Read below to find out more. How can

How can I connect to my Wise account in Deskera Books+?

Deskera has partnered with Wise so that small businesses can make bill payments abroad faster and at an affordable rate. Recently, we have rolled out Wise integration on Deskera Books, so you quickly connect to your Wise account and start managing your bills like a pro. Wise's seamless

Belgium: How can I generate the VAT Report in Deskera Books?

Once you have learned how to set up your account, next, you need to generate the VAT Report for tax return purposes. In Deskera Books, you can generate the VAT Report with just a few clicks. Read more below. How can I generate the VAT Report? 1. In your Deskera

How can I configure the email SMTP on Deskera Books?

SMTP stands for Simple Mail Transfer Protocol, an application that helps you to send, receive, or relay outgoing mail between the email senders and recipients. If you are sending emails to your vendors or clients using Deskera Books, you might want to configure the email SMTP beforehand. This is to

How do I set bank automation rules in Deskera Books?

It's not easy to reconcile bank statements with business transactions especially if you have hundreds or even thousands of transactions a month. It's tedious, time-consuming, and straining to the eye, spending hours mapping one transaction to another. However, with the power of automation, you can set

India GST: How to apply TCS in Deskera Books?

TCS means Tax Collected at Source, a tax levied by India's government. TCS is payable by the seller who collects the Tax, in turn, from the buyers at the time of business transactions. How to add TCS rate in Deskera Books? 1. Login to your Deskera account. 2.

India GST: How to apply TDS in Deskera Books?

TDS means tax deductible at source, in which the buyer, who is liable to make payment to the seller (deductee), will deduct tax at source and transfer the balance to the deductee. The TDS amount deducted will then be paid to the Central Government. How to add TDS rate in

How to create partial bill in Deskera Books+?

Partial bill enables you to have multiple bills per purchase order. With Deskera Books+, you can create a partial bill by following the steps below: 1. Login to your Deskera account. 2. Next, click on Books button on Deskera Console. 3. This action will direct you to Deskera Books Main

How to generate eInvoicing for India Compliance in Deskera Books?

You can now generate e-Invoices for India Compliance using Deskera Books. Simply create invoices in Deskera Books and click on Generate eInvoice and you're all set. In order to do so, follow the steps mentioned below: 1. Login to your Deskera account 2. Click on Deskera Books and

How to activate your account by applying a prepaid code in Deskera Books?

If you have just completed your trial period with us, and have subscribed to one of Deskera plan, then, what next? Once you have subscribed to one of the Deskera plan, you will be given a prepaid code. A prepaid code is basically an alphanumerical code that you will need

What is an invoice discounting and how does it works in Deskera Books?

Deskera has recently partnered with India's leading Fintech KredX to launch India's first embedded fintech in accounting software. Deskera users can now leverage their sales invoices to get immediate payment from their outstanding dues with the invoice discounting facility made available. Who is KredX? KredX is

How do I create a product variant in Deskera Books+?

Product variants have shared similarities based on their functionalities but differ in some aspects, such as their attributes. The products variants can include the products' sizes, colors, flavors, dimensions, materials used, etc., In Deskera Books+, you can now add more than one variant to a product. To do so,

How do I receive payment via the ePayment App in Deskera Books?

As a business owner, you must receive payment from your customers as soon as possible to ensure smooth cash flow for your business operations. You don't want your customer's extended overdue payments to affect your business operation. Undoubtedly, one way to improve your account receivable collection

How can I get started with UAE Compliance in Deskera Books?

We have finally rolled-out UAE compliance on Deskera Books. And, if you are business owners in UAE and currently looking for an accounting software that comply with UAE rules and regulations, you're looking at the right page. Read more below as we cover the step-by-step guide to setup

How do I reorder products from my vendors using Deskera Books?

This article will explain the steps that you can take to re-order tracked products from your vendors. Once your tracked products reach a certain level, you will be notified by Deskera Books to re-order these products, especially the products that are fast selling. Follow the steps below: 1. Login to

How can I create multiple pricing lists for my products in Deskera Books+?

In economics, prices of goods and services are subject to inflation due to various reasons. Inflation happens due to the rise of production cost or higher demand for goods and services that elevate the cost of living. If the prices of your goods and services are constantly changing, be it

How do I reserve my stocks using Deskera Books?

How do I reserve my stocks using Deskera Books+ ? The Stock Reserve feature in Deskera Books+ allows you to fulfill goods immediately so your customers can receive the items within the agreed timeline. For example, suppose you have limited stocks available in your warehouse, and several customers ordered similar items

How to Integrate Cashfree with Deskera Books?

Cashfree is a payment gateway that enables the companies in India to collect payments online and make payouts. It is used by over 50000 businesses. With the cashfree integration with Deskera Books, there are many advantages, such as, you can directly email the payment link to your customers, reduces the

How to get started with Saudi Arabia Compliance in Deskera Books?

We have finally rolled-out Saudi Arabia compliance in Deskera Books. And, if you are business owners in Saudi Arabia and currently looking for an accounting software that comply with Saudi Arabia tax regulations, look no further. Deskera Books have your covered. Read more below as we cover the step-by-step guide

Auto-categorization of expense transactions using bank rules

Bank reconciliation can be tedious. With hundreds or even thousands of transactions received each month, it's time-consuming and challenging to distinguish one transaction's type from another. To save time, the bank rules automation in Deskera Books can help you categorize your expense-related transactions conveniently. If you

Connect Deskera Books to hundreds of other tools with Integromat

When it comes to simplifying business processes, integration is the way to go. From reducing manual work, cutting down human-error, and saving time, there is no doubt integration helps business owners achieve these goals. With Integromat integration on Deskera Books, you can integrate with hundreds of external applications to automate

How can I update my email address?

Updating your email address is straight-forward with Deskera. If you have created your Deskera account and would like to update your email address, you can do this directly on your Deskera account. Follow the steps below: 1. Login to your Deskera account. 2. On the Deskera Go page, you can