Notesale: Turn your study into money

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CREATING COMPANY
S No

Business Name

Industry

Business
Type

Address

Phone Number

Exercise

1

Customizations
Exercise

Actions
Enable Inventory Functions

Edit------Preferences------Items & Inventory ------Company preferences

Place Icon Bar on Top

View -----------Top Icon Bar

Add Icon Bars

Calculator, Chart of Accounts, Create Invoices, Customers, Enter Bills

Delete Icon Bars

QuickBooks 2020, Bill Tracker

Enable Accounts Numbers

Edit------Preferences------Accounting ------Company preferences

Create Items and Services
Inventory Items
S Item
No Name/Number

Manufacture
Part No

Cost

Sale Price COGS Acct

Income Acct

Company

Type

1

Cement-01

cem-01

500

550

50000

42600

Cherat

2

Cement-02

cem-02

500

550

50000

42600

Kohat

3

Cement-03

cem-03

500

550

50000

42600

Askari

4

Cement-04

cem-04

500

550

50000

42600

White

5

Sand-01

1500

2000

50000

42600

Sea

6

Sand-02

1500

2000

50000

42600

Nizam pur

7

Sand-03

1500

2000

50000

42600

Darwazgi

8

Brick-01

8000

10000

50000

42600

No 1

9

Brick-02

6000

8000

50000

42600

No 2

10

Brick-0

5500

6000

50000

42600

11

Crush

5000

6000

50000

42600

12

Tiles

50

60

50000

No 3

42600

Services
Service / Item
Number

Cost

Sale Price

COGS Acct

Income Acct

1

Plumber

5000

6000

51900

42600

2

ELECTRIC

2000

2500

50000

42600

3

SANITRY

2000

2500

50000

42600

4

SUPERVISION

500

600

50000

42600

S No

Company

Type

Expense Acct

Type

Non Inventory Items
S No

Service / Item
Number

1

WIRE

2

STATIONARY

3

Cost

Expenses

100

Sale
Price

COGS Acct

Income Acct

120

51900

42600

500

64900

RENT

10000

67100

4

TELEPHONE

2000

68100

5

ELECTRIC BILL

6000

68600

Other Charges
Service / Item
Number

Cost

1

TRANSPORTAION

1000

1200

51900

42600

2

CONSULTANT

5000

5500

51900

42600

S No

Expen
Sale Price COGS Acct
se

Income Acct

Expense Acct

Type

Vendors / Suppliers
S No Vendor Name

Company
Name

Full Name

Address

Payment
Term

Vendor Type

Item
Type

1

VEN-01

1% 10 Net
30

Suppliers

Cement Supplier

2

VEN-02

Due on
receipt

Suppliers

Bricks Supplier

3

VEN-03

Due on
receipt

Suppliers

Sand Supplier

4

VEN-04

Due on
receipt

Suppliers

Crush Supplier

Note:

Add ITEM field in Define Fields and also customize Columns in Multiple vendors view

Customers
S
Vendor Name
No

Name

Phone
Number

Address

Payment
Method

Customer
Type

Job Description

1

CUST-01

Cash

Retail

FLOOR

2

CUST-02

Cash

Retail

BATH ROOM

3

CUST-03

Cash

Retail

PLAZA

4

CUST-04

Cash

Retail

SHOP

5

CUST-05

Cash

Wholesale

FENCING

6

CUST-06

Cash

Wholesale

PLUSTER

7

CUST-07

Cash

Wholesale

PAINTING

8

CUST-08

Cash

Wholesale

TILING

Creation of Different Account
S No

Group Name

Account Number
CEMENT

1

GP-01

QUANTITY

PRICE

01

SAND

01

BRICKS

1000

12000

PLUMBER
2

GP-02

ELECTRIC

1

5000

SANITRY
NOTE: Create a subtotal item

Creation of Discounts
S No

Discount Name

Account Number

Description

1

DIS-01

10%

Discount on Material

2

DIS-02

1000

Discount on Services

Creation of Sale taxes & Tax Group
S No

Sale Tax Name

Percentage

Collection Authority

1

FBR TAX

10%

FBR

2

PROV

5%

FBR

3

DISTT

2%

FBR

FBR=10%
4

CONSOLIDATE TAX

PROV=5%
DISTT=2%
TOTAL=17%

FBR

Creation of Different Account
S No Account Type

Account Number

Purpose

1

Income

42601

Services Income

2

Expense

64901

For Stationary

3

Cost of Goods Sold

51902

For Inventory Adjustment

4

Expense

64902

Bad Debt

Miscellaneous Actions
Actions

Exercise

Edit Vendor

Vendor Management -----Right Click or Double Click-----Edit

Delete Vendor

Vendor Management -----Right Click or Double Click-----Delete Vendor

Merge Vendor

Vendor Management -----Right Click or Double Click-----Edit-----made same name in which you
want to merge

Inactive Vendor

Vendor Management -----Right Click or Double Click-----Make Vendor Inactive

Active Vendor

Vendor Management -----Select All-----Click on X to Activate

Edit Customer

Customer Management -----Right Click or Double Click-----Edit

Delete Customer Job

Customer Management -----Right Click or Double Click----Delete Customer Job

Merge Customer Job

Customer Management ----Right Click or Double Click-----Edit-----made same name in which you
want to merge

Inactive Customer Job

Customer Management -----Right Click or Double Click-----Make Customer Job Inactive

Active Customer Job

Customer Management -----Select All-----Click on X to Activate

Edit Inventory Item

Inventory Item -----Right Click or Double Click-----Edit

Delete Inventory Item

Inventory Item -----Right Click or Double Click-----Delete item

Exercise

Actions
Inactive Inventory Item

Inventory Item -----Right Click or Double Click-----Make Item Inactive

Assign Sale Tax to
Customer

Customer Management ----Right Click or Double Click-----Edit-----Sale Tax Setting-----Tax Code-----Tax Item

Tax Exempted
Customer

Customer Management ----Right Click or Double Click-----Edit-----Sale Tax Setting-----Tax Code—to
Non Taxable

Procure To Pay Cycle ( P2P )
S Vendor
No

Item Number

Qty

1

Cement-01

100

2

Cement-02

50

3

Cement-03

50

4

Cement-04

100

5

Sand-01

2

6

Sand-02

5

7

Sand-03

6

8

Brick-01

10

9

Brick-02

20

10

Tiles

5000

11

Crush

5

PO Number

Receive
Inventory

Pay Bills

Exercise

Create Estimates
Note: Enable Progress Invoicing
S Customer
No Name

1

CUST-01

Job Description

FLOOR

Name

CUST-02

BATH ROOM

CUST-03

FENCING

Create Progress
Invoices

20

1
...
Create for
remaining

1500

Cement-02

20

1
...
Create for
remaining

Tiles

3

Estimate
No

Cement-01

Tiles

2

Phone
Number

1000

Cement-01

20

Sand-02

02

BRICKS

5000

1
...
Construction Bldg
Material
2
...
Retail Customer=2% Decrease
2
...
Residential

2
...
NGO

4
...
Manufacturer

2
...
Importer

4
...
Leave as a under payment
]2
...
Create Credit Memo

Over Payment from Customer

2

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