Purchase Invoices can be created through a variety of means: Manually Recurring Purchase Invoice wizards (Business Class Only) Converting a Purchase Order Converting a Proforma Purchase Invoice POSTING RULES Code Name Debit Credit PI Purchase Invoice [Nominal Code] Intput VAT [...]
A Bulk Purchase Payment occurs when multiple Purchase Invoices are paid at the same. A typical use case is the payment of a monthly invoice run by Direct Debit collection. Individual Purchase Payment Transactions will be created for each Purchase [...]
The Purchase Payment on Account is used to record any monies received from a supplier for which there is no invoice to allocate them against. This might be for: a prepayment against a Pro Forma Invoice. a deposit as a new [...]
Allocating a Purchase Payments on Account to a Purchase Invoice, effectively pays that Invoice and uses-up the value of the Payment on Account. Purchase Payments on Account can only be applied to Purchase Invoices from the same Supplier Account, if [...]
Purchase Payments on Account must be created manually and cannot be created directly from the Bank Reconciliation. Step-by-Step Process From the Purchase Menu, select Payments on Accounts Sub-Menu, and then click New. In the Header Section search for the Supplier Account. Edit any [...]
When a Purchase Refund is received it is should be recorded manually from a Purchase Payment on Account and a Purchase Credit Notes. A Purchase Refunds creates new Ledger Entries. See the Purchase Refund for details. Step-by-Step Process From the Purchase Menu, select Purchase [...]
Purchase Refunds CANNOT be Edited, they can only be Deleted, after they have first been Unreconciled and Unposted. Once the Purchase Refund is deleted, the Amount Outstanding on the Purchase Credit will be increased by the amount of the Purchase Refund. Step-By-Step Guide Unreconcile the Purchase Refund, see Unreconciling [...]
Refunding a Purchase Payments on Account creates a Purchase Refund and uses-up the value of the Payment on Account. Purchase Refunds can only be made into Bank Accounts of the same currency as the Payment on Account. A Purchase Refunds [...]
Setting up Default Product Tax codes saves an immense amount of time when keying invoices, as it reduces the amount of repeated input. The tax codes may differ according to the Tax Treatment (e.g. Domestic and Purchase) and occasionally it [...]
The Financial Reports include the following: Monthly P&L Cumulative P&L Balance Sheet Trial Balance Accounts Receivable Accounts Payable Top-Down Reporting In Aedon we refer to these type of reports as “Top-Down Reports” because they look at the performance of [...]
© 2025 Aedon.Co Limited | Registration No.14278135
Aedon Co Ltd is an Authorised Representative of Yapily Connect Ltd for the provision of Account Information Services. Yapily Connect Ltd is a company registered in England and Wales with no. 11598433. Yapily Connect Ltd is regulated by the UK Financial Conduct Authority with no. 827001 and it is a fully owned subsidiary of Yapily Ltd. Any complaints can be submitted here
