Module 3 · Core · 8 lessons · about 65 min
Purchases and suppliers
Buy on credit with Zeyto: suppliers, orders, goods receipts, bills with input VAT, landed cost, payments, returns and payables ageing.
What you will be able to do
- Set up a supplier record with a valid TRN and use it on purchase documents
- Run a purchase from order to goods receipt to bill to payment and explain the entry at each step
- Compute input VAT on a purchase and declare reverse charge VAT with a voucher
- Add freight and customs to a bill and work out each item's landed unit cost
- Record supplier payments, discounts, advances and returns
- Read the supplier statement, bill-wise outstanding and ageing reports
Lessons
- 1. Suppliers: the people you buy from 7 min
- 2. The buying cycle: order, receive, bill, pay 8 min
- 3. Purchase orders and goods receipts 8 min
- 4. The purchase invoice and input VAT 9 min
- 5. Freight, customs and landed cost 8 min
- 6. Paying suppliers: vouchers, discounts and advances 9 min
- 7. Returning goods and debit notes 7 min
- 8. Statements, ageing and what you owe 9 min