Good evening
I hope you can help. Although I have used Sage for several years I only really know the basics.
I have just started a new job and inherited quite a mess!
My question is this:
The business is raising Quotes for cash sale customers. They do not want to convert these into invoices as the final price is often different ie alternative items supplied; goods ordered in for customer has a different price. How should these deposits be entered into Sage so that they eventually tie up with the final invoice. The owners of the business are currently entering the deposit on the payment tab of the quotation. Is this correct and is this deducted from the final invoice when it is produced? Would this transaction show up in the activity for the Cash Sales Account? No-one seems to know if they are doing the right thing or not and I have not had to process deposits on a quotation before.
Thanks for reading this. I hope it makes sense.
Regards
Heather
Need more, need help now?
- - - - - - - - - - - - - - - - - - pay-as-you-go support - no contract - tenth of an hour billing - expert help - fast service - no call queues
Need integration?
- - - - - - - - - - - - - - - - - - with your shipping system - website - invoicing system - crm - cms - manufacturing - order import - back to back orders..
Need a report?
- - - - - - - - - - - - - - - - - - Excel reporting that pulls data from Sage - custom layouts - layouts that change adapt to your brands and/or for drop shipping.
Want web hosting?
- - - - - - - - - - - - - - - - - - Your own domain name - email - a shop - wordpress - woo commerce - ticket systems - help desks - forums - portals
- - - - - - - - - - - - - - - - - - pay-as-you-go support - no contract - tenth of an hour billing - expert help - fast service - no call queues
Need integration?
- - - - - - - - - - - - - - - - - - with your shipping system - website - invoicing system - crm - cms - manufacturing - order import - back to back orders..
Need a report?
- - - - - - - - - - - - - - - - - - Excel reporting that pulls data from Sage - custom layouts - layouts that change adapt to your brands and/or for drop shipping.
Want web hosting?
- - - - - - - - - - - - - - - - - - Your own domain name - email - a shop - wordpress - woo commerce - ticket systems - help desks - forums - portals
How to manage deposits paid on quotations
-
brucedenney
- Site Admin
- Posts: 4664
- Joined: 28 Feb 2006, 09:56
- Sage Version: v30 UK/Europe/Africa
Re: How to manage deposits paid on quotations
Your deposits are not deposits, they are prepayments.
There are lots of ways to handle them.
Are you VAT registered and are you on Cash accounting or Standard Accounting?
There are lots of ways to handle them.
Are you VAT registered and are you on Cash accounting or Standard Accounting?
For just about anything Sage :- Discount subscriptions, pay-as-you-go support, application integration, reports, layouts, linked excel spreadsheets, analysis or any other help making life with sage easier/less time consuming Contact me.
Who is online
Users browsing this forum: No registered users and 1 guest