I love the interface of the Manager and I would love to use it for my business. I read lots of postings and I must admit that the forum makes good bedtime reading material. I would love to benefit from all features this program has to offer. I kindly request your assistance in the following case scenario.
Small Immigration Consultancy Firm (migration agent/lawyer).
Here are my journal entries:
DR CR Trust Bank 5000 Advance payment 5000 DR CR Billable Expenses (visa applic charge to the IMMI Dep payable on behalf of client) 3000 Trust Bank 3000 DR CR Advance payment 5000 Billable expenses 3000 Service Fee (when invoice is raised to the customer) 2000 DR CR Operation Account (when job completed and invoice issued) 2000 Trust Bank 2000
I must add that the advance payment a/c balance does not always clear at the time when invoice is raised. It may include for services which will be performed in the next 6 months where the final invoice will be raised when that particular block of service will be finalised.
How would you run these transactions using the Manager? What’s the “textbook” way of running these transactions through the existing modules (Bank, Sales, Purchases etc) . If I don’t ask for toooo much, could any of the experts run a step by step procedure?
Thank you for your time and consideration!