Add Bills

Bills help you to keep legal records of your expenses by tracking the number of goods purchased, purchasing date, how much money was spent on the products. Bills can include both taxes and discounts when necessary. WP Ever Accounting gives you the opportunity to add bills so that you can keep track of your expenses more effectively.

How to Add Bills

To add bills based on your expenses; first of all, go to Expenses and click on Add New from the Bills page. By clicking on Add New the following page will appear to add bills-

Add Bills
Add Bills

The field you will see are mentioned below –

Field Description
Vendor* Name of the Vendor
Currency* Option to choose needed currency
Bill Date Date* Date issued by the bill
Due Date* Date of expiration of the bill
Bill Number* a number identifying estimates according to predefined settings
Order Number a number identifying a purchase or an order
Category* Option to choose income category
All fields marked with an asterisk are mandatory. Only those fields marked as mandatory need to be filled up during the initial save.

To add bills, you need to select a vendor from the list. If your vendor is not enlisted, you can add a new vendor directly from the invoice generation page. In general, the currency that appeared in the bill is the default currency. But you can choose a currency from the drop-down list that you have added before. If the currency that you want to select for the bill is not enlisted, you can create the required currency from the billing page too.

By inserting the necessary information and by adding item/s, you can submit the invoice that you want to generate.


Adding items to Bills

Adding items to Bill is the most significant undertaking. The approximate price of items can only be determined by adding items. While choosing items, you can choose multiple items from the drop-down.

Items for Bills
Items for Bills

Item has the following entities-

Item name

Item name holds the name of the items. This field gives an option to edit the name of the item.

Edit items for Bills
Edit items for Bills
Price

This field holds the individual price of each item. Provided that, the currency of the item will depend on the currency chosen. Suppose, the default currency is set to USD but the currency is chosen while creating an Estimates is GBP. Therefore, the price will be converted to GBP at the time of adding items. The total amount will also be generated as the chosen currency.

Edit Price in Bills
Edit Price in Bills
Quantity

This field holds the number of items. If multiple items are selected, each of the item’s quantity can be changed.

Edit Item quantity in bill
Edit Item quantity in bill
Tax

This field holds the taxation on the items. Tax can be either inclusive or exclusive.

Edit Tax in Bill
Edit Tax in Bill
Discount

Discount has two types- Percentage and Fixed. If fixed is selected, the discount amount will be calculated as fixed. If the percentage is selected, the discount amount will be calculated in percentage.

Add discount in Bill
Add discount in Bill