Bills and Expenses Management: Creating a Bill in WorkingPoint – New Video Resource
Topic: Bills and Expense Tracking,Videos | Comments Off on Bills and Expenses Management: Creating a Bill in WorkingPoint – New Video Resource
If your vendor issues you a bill to be paid for later, use WorkingPoint’s flexible bills management feature to create and manage your bills. By creating a bill in WorkingPoint, you can record the details about your purchase, including who you purchased goods from, when you made the purchase, and when the bill is due. Our easy-to-complete bill form also lets you use the bill to add inventory to your items and categorize non-inventory expenses, like shipping charges, rent, telephone expenses, or anything else.
Once your bills are recorded in WorkingPoint, you can track and pay your bills. Use our informative Bills List to track when bills are due and let you know when they are overdue. WorkingPoint’s insightful dashboard widgets let you see “Who You Owe” at-a-glance, so you can anticipate when your bills are coming up due next, and the total amount of what you owe is part of the Daily Operating Report widget (this widget is a premium feature and available on our paid account plans). When it comes time to pay your bills, record your bill payment using your bank or credit card account. WorkingPoint will update the status for you so you can see what has been paid and what is still open.
Managing your bills and invoices in WorkingPoint lets you gain a full perspective on your business, so you can make good decisions for your company. In this short video, we’ll show you how to create a bill for goods or services you purchased on vendor credit.