You have now entered all the essential information and can start reaping the benefits from using the Equity Accounting System.
There are several procedures that every business needs to use on a daily basis and we have listed them here so you can easily look them up in the manual.
Producing an invoice - see Create Invoice - Credit Note.
Receiving payment from a debtor - see Cash Receipt/Discount Entry.
Entering cheques - see Cashbook Transaction Entry.
Entering an invoice from a creditor - see Transaction Entry.
Entering a payment to a creditor - see Transaction Entry.