Income, Expense Management

1. Purpose: 

Income & Expense Management comprises sales/return transactions and business revenue and expenditure arising within the enterprise.

To perform Income & Expense Management, access here 

2. Usage conditions: 

The user account must be assigned the relevant functional permissions.

3. Implementation steps:

Step 1:User accesses “Cashbook” and selects “Income & Expense Management”.

Step 2:Perform the required functions.

Description:

• Opening balance:Remaining revenue from the previous month.
• Total revenue:Revenue to be collected arising during the period.
• Total expenditure: Revenue required to be spent during the period
• Ending fund balance: Remaining revenue (Total revenue - Total expenditure)

• Create new: Select the “Add” button, enter the relevant Revenue and Expenditure information, and select “Save” to record the transaction.

Note: Fields marked with (*) are mandatory and must be entered or selected by the user.

• “Revenue and Expenditure Type”: Enter the code; spaces are not allowed.
• “Amount”: Enter the name of the goods.

• View: Select , a popup will display information about the corresponding Revenue and Expenditure.

• Delete: Select , a popup will display a confirmation; select “Delete” to remove the corresponding Revenue and Expenditure.

Note: For external Revenue and Expenditure transactions, deletion is permitted.

• Adjustment: Select , the Popup displays the corresponding Revenue and Expenditure information. The User adjusts the information and selects “Save” to update.

Note: For external Revenue and Expenditure transactions, adjustment is permitted.