Introduction to Transaction Page.

updated 4 months ago

How to Record VAT Received

"VAT received" refers to the VAT (Value Added Tax) collected or charged on the sales of goods or services. When you make a sale and charge VAT to your customers, the VAT amount collected is recorded as VAT received.

updated 3 months ago

How to Record Interest Earnings.

Here is how to Record Interest Earning on Simplebks.

updated 3 months ago

How to Record Gifts Received.

updated 3 months ago

How to record a direct expenses.

updated 3 months ago

How to Record Loans Given Out.

updated 3 months ago

How to Record VAT Remittance.

updated 3 months ago

How to record a purchase or buy.

updated 3 months ago

Expense Categories and their ID for Bulk upload

Use the ID number for each expense category to represent it during bulk upload of your transactions

updated 1 year ago

How to record a prepaid expenses.

Prepaid expenses are recorded to ensure accurate financial reporting and to match expenses with the periods in which they are incurred.

updated 4 months ago

How to record a borrowing or loan for your business.

Here is how to record any money received into the business on Simplebks.

updated 4 months ago

How to Record Withdrawal.

In the act of taking funds from the business, there is a need to ensure proper recordings of every withdrawal on Simplebks.

updated 3 months ago

How To a Credit Repayment.

This is used to record the repayment of the creditors who gave the business a loan in the past or for suppliers that sold or supplied goods to your business on credit.

updated 3 months ago

How to record a capital into the business.

Capital is the foundation of your business. Here is how to record every capital injection/inflow that comes into your business on Simplebks.

updated 3 months ago

How To Record a Debt Repayment.

Recording the repayment of a debt to the business by a customer or debtor is important for tracking outstanding debt.

updated 4 months ago

How To Record Other Income

Accurate and timely recording of inflows allows businesses to prepare financial statements such as the income statement, balance sheet, and cash flow statement. These statements provide an overview of the business's financial performance and position, which is important for shareholders, investors, lenders, and other stakeholders.

updated 4 months ago

How to record shipping fee

This is a cost associated with shipping or delivering goods from one location to another. When you sell products or receive inventory, there is often a charge for transporting those goods to their intended destination. This charge, known as a shipping fee.

updated 3 months ago

Video: How to delete a transaction on Simplebks

Here is a step-by-step guide on how to delete transactions and also viewing your archives to see deleted transactions

updated 11 months ago

How to Delete a Transaction on Simplebks

If a transaction has been recorded incorrectly due to data entry mistakes, deleting the transaction allows you to correct the error and maintain accurate records. This could include errors in amounts, dates, accounts, or other transaction details.

updated 11 months ago