How To
How do I generate a Debit Note and/or Credit note in Posibolt?
How do I generate a Debit Note and/or Credit note in Posibolt? For a Credit note you enter a Customer's name and for a Debit Note you enter a Vendor's Name Log in to Posibolt, navigate to the top right of the screen and click the large Arrow icon, ...
How do i generate a Customer Journal and/or Vendor Journal in Posibolt?
How do I generate a Customer Journal and/or Vendor Journal in Posibolt? Prerequisite: Existing Customer or Vendor on Posibolt created from the Administration menu. Log in to Posibolt, navigate to the top right of the screen and click the large Arrow ...
How do I generate a Cash/Bank transfer in Posibolt?
How do I generate a Cash/Bank transfer in Posibolt? Cash/Bank Transfer is a report that shows all transfer from within an organisation(s), consisting of closed tills etc. Log in to Posibolt, navigate to the top right of the screen and click the large ...
How do I generate an expense and/or charges report in Posibolt?
How do I generate an expense and/or charges report in Posibolt? Log in to Posibolt, navigate to the top right of the screen and click the large Arrow icon, and the mail menu will load. Navigate to the right side of the screen and locate Accounting ...
How do I generate a Login Report in Posibolt?
How do I generate a Login Report in Posibolt? Login Report shows which users have logged in/signed in and which ones have signed out/logged off Log in to Posibolt, navigate to the top right of the screen and click the large Arrow icon, and the mail ...
How do i generate an Financial Report on Posibolt?
How do i generate an Financial Report on Posibolt? Financial Report refers to records of the financial activities and position of a business, person, or other entity. Historical financial statements. Relevant financial information is presented in a ...
How do i generate an Detailed Tax Report (Audit) on Posibolt?
How do i generate an Detailed Tax Report (Audit) on Posibolt? Tax Reporting calculates your company's global tax provision, effective tax rate, and deferred tax for tax provisioning purposes Log in to Posibolt, navigate to the top right of the screen ...
How do I generate an Open Balance report on Posibolt?
How do I generate an Open Balance report on Posibolt? Open Balance Report is a report that shows the opening balances of vendors/customers and also a closing balance Log in to Posibolt, navigate to the top right of the screen, click the large Arrow ...
How do i generate an Item Ledger on Posibolt?
How do I generate an Item Ledger on Posibolt? This is like the general ledger but is set to be an item/product-specific ledger and not all items/products are shown here, the rest are not inclusive of this ledger Log in to Posibolt, navigate to the ...
How do I generate a General ledger report report on Posibolt?
How do I generate a General ledger report report on Posibolt? General Ledger refers to the main accounting record of a company or organization. Log in to Posibolt, navigate to the top right of the screen, click the large Arrow icon, and the main menu ...
How do I check Payment History on Posibolt?
How do I check Payment History on Posibolt? Log in to Posibolt, navigate to the top right of the screen, click the large Arrow icon, and the main menu will load. Navigate to the right side of the screen locate Accounting and click it. Navigate the ...
How do I manage a Trial Balance on Posibolt?
How do I manage a Trial Balance on Posibolt? A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger ...
How to manage Year end closing on Posibolt.
Prerequisites Confirm that account posting has been fully done. Confirm that allocations are proper. Confirm that clearing accounts are zero. Confirm that all the reconciliations are donea By default, there is an account “Profit/Loss Transfer ...
Accounting
What is Accounting? Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing, and reporting these transactions to oversight agencies, regulators, and tax collection ...
Maintain Charges
How to create a new charge The Charges Window defines the different charges that may be incurred. These can include Bank Charges, Vendor Charges and Handling Charges. Accounts -> Maintain charges Click on the Search button, to view all existing ...
Debit Note&Credit Note
Debit Note A debit note is a document used by a vendor to inform the buyer of current debt obligations, or a document created by a buyer when returning goods received on credit. The debit note can provide information regarding an upcoming invoice, or ...
GL Journal
Journal A journal entry is the act of keeping or making records of any transactions either Economic or non economic. The journal entry can consist of several recordings, each of which is either a debit or a credit. GL Journal The GL journal window ...
Bpartner Journal Report
Journal A journal entry is the act of keeping or making records of any transactions either Economic or non economic. The journal entry can consist of several recordings, each of which is either a debit or a credit. Bpartner Journal Report As the name ...
Vendor Journal
Journal A journal entry is the act of keeping or making records of any transactions either Economic or non economic. The journal entry can consist of several recordings, each of which is either a debit or a credit. Vendor Journal To access customer ...
Customer Journal
Journal A journal entry is the act ofkeeping or making records of any transactions either Economic or non economic. The journal entry can consist of several recordings, each of which is either a debit or a credit. Customer Journal To access customer ...
Video: Journals
Video: Chart of Accounts, Trial Balance, Statement of Accounts&Financial Report
BPartner (Business Partner) Settlement
A Business Partner is any person or corporation that you do business with. A business partner can be a customer, vendor and/or employee. Why Bpartner settlement screen? In the business world it’s quite common that your vendor for certain goods or ...
Payment/Receipt Voucher
This section allows you to settle payables with the supplier and receivables with the customer. To access the Payment/Receipt voucher screen you will need to Navigate to the Main menu Click on the Accounting. Click on Payment/Receipt voucher. Image ...
Statement of Accounts
A statement of account is a detailed report of the contents of an account. An example is a statement sent to a customer, showing billings to and payments from the customer during a specific time period, resulting in an ending balance. ... The net ...
Trial Balance
A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold ...
Chart of Accounts
This section provides information on how to create and manage accounts for your system. To access Chart Of Accounts screen you will need to Navigate to the main menu Click on the Accounts Click on the Charge Of Accounts Image of the chart of accounts ...
Financial Statement
Financial statements are formal records of the financial activities and position of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form which is easy to understand Purpose: Minimize ...
Financial Report
POSibolt financial report designed with report type Balance Sheet and Profit and loss details. To access the Financial Report you will need to Navigate to the main menu Click on the Accounting Click on Financial Report Image of the Financial Report ...
Tax Report
A tax return is the completion of documentation that calculates an entity’s income earned with the amount of tax payable to the government, government organisations or to potential taxpayers. This document shows you how to get the VAT payables report ...
Cash Book
Introduction and purpose A cash book is a financial journal that contains all cash receipts and disbursements, including bank deposits and withdrawals. Entries in the cash book are then posted into the general ledger POSibolt's Cashbook keeps track ...
PDC (Post Dated Cheque) Report
If the payment is done by a Post Dated Cheque, This report will list all the post-dated checks we have received for a month to clear/process the cheque. To access the PDC Report you will need to Navigate to the main menu Click on the accounting Click ...
Bank Statement Management and Reconciliation
A bank statement is a document that is typically sent by the bank to the account holder every month, summarizing all the transactions of an account during the month. This document is a guide on how to manage your bank statement on POSibolt. The ...
Retail Cash Flow
This document helps you to understand how POSibolt handling daily cash flow in a retail business. In a normal retail business, we must keep a separate cash book account for each terminal and a single manager cash book account to transfer all terminal ...