Accounting
How Sales Scribe keeps your books behind the scenes.
- How Sales Scribe records your transactions Sales Scribe keeps a full set of double-entry books for you in the background. You never have to write a journal entry by hand — when you issue an invoice, record a payment, or…
- Accounts receivable and payable explained Two of the most important balances in your books are accounts receivable (money your customers owe you) and accounts payable (money you owe your suppliers). This guide explains…
- Working with foreign currency Sales Scribe lets you invoice customers and record bills in currencies other than your own, while keeping your books and reports in a single home currency. This guide explains how…
- Bad debts and write-offs Sometimes a customer will not pay an invoice and you decide to give up on collecting it. Recording this properly is called writing off a bad debt. This guide explains when to do…
- The general ledger and journals This guide is for readers who want to understand the bookkeeping that sits behind Sales Scribe — for example a bookkeeper or accountant reviewing the figures. You do not need any…
- Finalise your year end When a financial year's figures are final, you finalise it. Sales Scribe records the year's profit, the earnings brought into it, who signed it off and when — and changes nothing…
- VAT returns Prepare your VAT return from your ledger, finalise it, and record what you pay HMRC or HMRC repays you.
- What you can and cannot change after posting A common question is: "I've issued this — can I still change it?" The short answer is that drafts can be changed freely, but once a document is finalised you correct it by…