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Vendor Bills

A vendor bill records an expense from a supplier, either a one-time charge or a recurring obligation such as rent, subscriptions, or service retainers.


Create a vendor bill

  1. In the left sidebar, click Finance Zone.
  2. Click Vendor Bills+ New Vendor Bill.
  3. Fill in the form:

Left side: Vendor:

FieldDescription
VendorSearch and select. Vendor must already exist in the system

Right side: Bill details:

FieldDescription
Bill DateDate on the supplier's bill
Payment DateDate the payment is due
Expense JournalClassification for expense reporting
Bill ReferenceSupplier's reference number
RecurrenceOne-time or recurring
Recurrence FrequencyWeekly, monthly, quarterly, or annually if recurring
NoteOptional internal note
  1. In the bill body, add line items:

    • Search and select from your registered products and services, or
    • Click + Non Catalog Item for items not in your catalogue.
  2. Review totals and click Post Bill.

  3. After posting, attach the supplier's PDF for archive purposes.


Recurring bills

If a bill repeats on a regular schedule, set Recurrence to recurring and choose the frequency:

FrequencyUse case
WeeklyWeekly service charges
MonthlyRent, subscriptions, retainers
QuarterlyQuarterly service fees
AnnuallyAnnual licences, insurance

Currency rules

warning

You can only combine items of the same currency on a single bill. The currency of the first item added determines the currency of the entire bill.


Key points

PointDetail
Vendor requiredMust exist before posting a bill
RecurrenceSupports weekly, monthly, quarterly, annual
Non-catalogue itemsUse + Non Catalog Item for unregistered expenses
CurrencySet by the first item. Cannot mix currencies
PDF attachmentAvailable after posting for archive purposes