How to Create Bills
Follow the below steps to Create Bills
- Click on either "Add New Record" or the "+" sign to initiate the creation of a new Bill.
- Choose the Supplier Name from the dropdown list.
- Enter the Purchase Order Number.
- Specify the Due Date and Bill Date.
The bill date is the date on which an invoice or bill is issued by a supplier, marking the official request for payment from the customer. The due date is the date by which a payment must be made to fulfil a financial obligation. It is an essential element in managing finances, cash flow, and business relationships. - Provide the Reference Number, select the Project Name, and choose the Asset Name from the available dropdown options.
- To add items, click on "+ Add New" under Line Items.
- Opt for an existing Item from the list, or click on "+ Add New Item" to create a new one.
- Enter the Description; the Unit Cost will be automatically populated, but you can modify it if necessary.
- The Account, Tax Rate, and Total Cost fields will be filled in automatically according to the list item
- The total amount will also be calculated automatically.
- If needed, you can attach additional files by clicking on "Add New File" under attachments
- Submit to save it.
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