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Vendor Receipts

A vendor receipt records a purchase made directly from a supplier typically a cash or immediate payment transaction. It is used to track expenses and supplier cash outflows.


Create a vendor receipt

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

Left side: Vendor:

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

Right side: Receipt details:

FieldDescription
Receipt DateDate on the supplier's receipt
Payment DateDate the payment was made
Expense JournalClassification for expense reporting
Receipt ReferenceSupplier's reference number
NoteOptional internal note
  1. In the receipt body, add line items:

    • Search and select from your registered products and services, or
    • Click + Non Catalog Item to add items not in your catalogue, a form will appear to fill in the details.
  2. Review totals and click Post Receipt.


After posting

You will be redirected to the posted receipt. From there you can attach the supplier's PDF for archive and accounting purposes.


Currency rules

warning

You can only combine items of the same currency on a single vendor receipt. The currency of the first item added determines the currency of the entire receipt. Plan accordingly before adding items.


Key points

PointDetail
Vendor requiredMust exist before posting a receipt
Non-catalogue itemsUse + Non Catalog Item for unregistered products
CurrencySet by the first item. Cannot mix currencies
PDF attachmentAvailable after posting for archive purposes