: Set flexible commission rates by item family, brand, or quantity sold. Cash Application Accounts Receivable
Once the field hits exactly 0.00 , click Finalize Reconciliation . 6. Generating Financial Reports
The inventory module automatically calculates unit costs using standard methodologies selected during initial item setup:
To get started with Visual Dolphin, follow these steps: visual dolphin accounting software tutorial
Edits an existing, unposted transaction or master card.
: For the remaining suppliers, she utilized the Payment Preparation feature. This allowed her to allocate a global amount across multiple invoices, streamlining the settlement process. 4. Project-Based Tracking
Use the audit log to track user activity and changes to financial records. 7. Troubleshooting Common Issues : Set flexible commission rates by item family,
Record customer payments in AR > Transactions > Receipts . Allocate the payment amount against specific outstanding invoices to update the aging report. Accounts Payable (AP)
Before processing transactions, ensure your Chart of Accounts is properly structured. Navigate to the General Ledger module to view your account hierarchy. Each account is assigned a unique code and category, such as Asset, Liability, Revenue, or Expense. To create a new account, select the New button, enter the account code, description, and designate its parent account. This structure is the backbone of your financial reporting, so consistency is vital for accurate Profit and Loss statements. Managing Accounts Payable
To generate standard reports like Balance Sheets or Profit & Loss statements: such as Asset
: Track due dates established by agreed credit terms for each client. Cash Management
The AR module is critical for tracking cash inflows and customer credit risks.