Intro – Misc Receive #

Misc Receive is used to record miscellaneous income or payments that don’t fit into standard categories like invoice payments or sales receipts. Examples include sales of scrap materials.

Create a Misc Receive #

• Go to Sales on the left sidebar, and select Misc Receives
• Click Add New button in the top right corner.
• On the new receive page, fill in the following fields
  • Doc No is an auto generated number.
  • Date: default is today.
  • Payer: Enter payer’s name. It is a required field.
  • Amount: Enter positive amount.
  • Excluded Tax: This is a read-only field. You can enter tax code and rate in Tax tab.
  • Total: It equals Amount + Excluded Tax. This is a read-only field.
  • Description: Maximum characters: 1000.
  • Payment Method: Select customer’s payment method.
  • Total: It equals Amount + Excluded Tax. This is a read-only field.

• • Account tab
    • Undeposited Funds: Cash or check payments can be temporarily held in a separate account before being deposited into the bank at the end of the day or week.
    • Deposit To Account: Select bank account or Undeposited account.
    • Income Account: Select a miscellaneous income account or any account of your choice.

• • Payment tab
    • Payment Method: Cash, Check, EFT, or other options. You can set up additional methods in Account → Payment Methods.
    • Reference No: optional
    • Check Date: optional

• • Tax tab
    • Tax Option: Tax Exclusive, Tax Inclusive or No Tax.
    • Tax Code: Select a tax code from the predefined codes. These must be set up under Tax → Tax Code.
    • Tax Rate: Auto-filled when tax code is selected.  Tax rate field is editable, and system use it to calculate the excluded tax.
    • Excluded Tax: This is a calculated field and cannot be edited.

• Click Save