The elements delivered by default (accounting journals, chart of accounts and tax rates) have been configured to enhance your entries with automatization. The configuration consists of linking all elements together.
The account 70102000 (Sales finished products 20%) is attached to tax code C0030 which corresponds to a received VAT percentage of 20%.
Thus, during the entry of a sales invoice, the entry line corresponding to the VAT is calculated automatically.
Optimization of settings
Automatic entry can be optimized by adapting the configuration of existing accounting elements but also by configuring new elements.
To optimize the accounting elements, you can:
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- Create payment terms and then link them to third-party accounts.
Thus, as soon as a third party is entered in a line of an entry, the payment terms attached to this third party are automatically proposed. - Link third party accounts to general accounts.
- Automate the calculation of taxes when performing entries.
- Create payment terms and then link them to third-party accounts.
In conclusion
Each time you create a third party account, a payment term, a tax code or a general account, link these elements in order to automate and subsequently facilitate your entries (purchases, sales, etc.) -
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