I’m new to Manager, having run previous company using Sage. I am also not an accountant, just trying to setup my own company.I have set up a test file to see if I can understand it and assess whether I can use the app for my new company.
I have set up a bank account and altered/edited the chart of accounts to suit my needs. Then I have entered a couple of ‘dummy’ supplier invoices for services listed in my CoA. I had expected the P&L to be updated to reflect the invoices entered but all lines are at zero. The balance sheet has updated correctly.
I assume I have missed a step in setting up somewhere - probably an obvious one, but I can’t work it out. If anyone can give me a pointer I’d be grateful. It looks like Manager is an excellent solution if I can get my head round the workflow.
Thanks in advance