Create a purchase invoice

Summary

How to enter the details from your supplier invoice in Sage Accounting.

Resolution

Enter a purchase invoice

From Purchases, choose Purchase Invoices.
Select New Invoice.
Select the Supplier and enter the details such as date and reference.
Enter the details of what you've bought on each line.
Select the relevant item from the Product / Service list. Otherwise, enter a Description.
Fill in the remaining details.

NOTE: If the item you purchase is to be re-sold, select to check the resale box appears ticked.

More about purchase invoice fields

Due date >

The due date populates from the credit terms you have set on the supplier's record. You can change this on the invoice. For example, i f the default terms are 30 days but you want a 15-day payment, edit the invoice's Due Date.

Ledger account >

We use ledger accounts to categorise and group your purchases and other transactions. For example, if the invoice is for stationery, you might use a ledger account for Office Supplies.

When you save the invoice, the net value (without VAT) records against this ledger account. This is so you can report on the total amount spent on office supply sales.

When you create an invoice, the default set on the supplier record appears first. This is to help you make sure you use the right ledger account on your purchases automatically.

If you add a product or service to the invoice, the ledger account gets taken from the one saved on record.

You can change the ledger account shown on any of your invoice lines.

VAT rate >

We use the VAT rate set as the default on the supplier record. If you then add products or services, the VAT rate updates to use the one saved on the product or service record.

Change the VAT rate on individual item lines by selecting the rate you want to use from the drop-down list.

More about VAT rates

Analysis tags >

Analysis types are tags that make it easier for you to analyse your costs in more detail. There are three types: departments, cost centres, and projects.

Assign a tag to each invoice line then produce reports using these tags. This helps you see your costs in more detail.

For example, you might want to know how much each department is spending on certain items. Set up a department and choose it when entering an invoice.

Select the ellipsis at the end of each item line

Learn more about how to set up analysis types

Attachments >

Attachments are a great way to keep track of any files you have that relate to this invoice. For example, you could attach a copy of a receipt.

You can add up to 10 attachments to each invoice, using files of the following types: PDF, GIF, JPG, JPEG or PNG. The maximum size for each file is 2.5MB.

Learn more about attachments

Solution Properties

Solution ID: 222001000100977
Last Modified Date: Fri Apr 19 09:29:49 UTC 2024
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