Finance overview

Finance covers customer billing and company books: Invoices, customer Payments (accounts receivable), supplier invoices (Accounts Payable), and the General Ledger.

Common tasks

• Create and send invoices
• E-invoicing and originals
• Record customer payments
• Cheques and bills of exchange
• Supplier invoices and AP
• Accounting and reports

Key terms

Term	Meaning
Invoice	Amount you claim from a Customer
Payment	Money received against one or more Invoices
Supplier Invoice	Bill you received from a Supplier
Bill of exchange	Payment promise due on a set date (traite), received or issued
Deposit slip	List of cheques and bills handed to the bank for collection or discount
Cost center	Where an internal cost, such as an exit voucher, is charged
Journal Entry	Double-entry posting to the General Ledger