Accounting is available on Pro and Prime plans

By creating an IN+ transaction we increase the balance of this account, doesn’t matter whether it is a bank, expense or income account. It automatically adds the balance to your account, for example:

  • Bank account IN transaction.
  • Record income.
  • Internal transfer received.
  • Invoice payment received.
  • Income account IN transaction.

From the list of transactions, click on the In + to add a new income transaction.

Complete the following fields for all transactions (automated and manual):

  1. Date: This is the date when the income was received.
  2. Name: This is the name of your transaction.
  3. Category or match: Click on the down arrow to select the category relating to the income.
  4. Tax: Click on the down arrow to select or add a new tax.
  5. Amount: Add the total of your transaction.
  6. Client: Click on the down arrow to select or add a new client.
  7. Description: This is an open field for a brief description of what the transaction is.
  8. Click on the attach icon to add any documents to your transaction.

If you assign the client and expense category Fiskl will automatically create a billable expense in the expense list. Note: you have to manually add sales tax associated with the future invoice in the expense document directly or assign sales tax in the invoice itself.

For automated transactions:

Match to single income transaction:

  1. Click on “Match”.
  2. A list will appear with relevant matches, here you can also filter matches using a date range or search for a match.
  3. Select your match, your selection will immediately disappear from the list and your new transaction will be marked with a matched icon next to the category, showing that this transaction has been matched.
  4. Minus/Plus toggle: View matches by positive or negative amounts.

Match to multiple items:

One transaction may have multiple items attached to it, therefore you can match these transactions as follows:

  1. Click on “Match”.
  2. From the list of matches, select your transactions.
  3. Your selected matches will transfer from the match list to the new transaction. Your new transaction will be marked with a matched icon next to the category showing the transaction has been matched.
  4. The amounts get auto computed and compared to the transaction amount, the result is displayed in the difference box that always displays as the amount to balance or shows “No difference” when the transaction is fully matched.

Split transactions:

If you receive payments through different accounts, for example, your client pays in both cash and via a bank transfer you can split the transactions across multiple accounts (categories).

  1. Click on “Split”.
  2. Add your amounts to the individual lines and assign them to a category, click on “Add line” to add extra lines.
  3. The sign in the amount field can be changed in each line.
  4. If you assign the client in the line and expense category Fiskl will automatically create a billable expense in expense list. Note: you need to manually add sales tax associated with the future invoice in the expense document directly or assign sales tax in the invoice itself.
  5. The amounts get auto computed and compared to the transaction amount, the result is displayed in the difference box that always displays the amount to balance or shows “No difference” when the transaction is fully matched.

Click “Create” to save your transaction.

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