Purchase Invoice Expenses

Here are the steps for Purchase Invoice Expenses Transaction. To learn more, you can also watch this RADIX Online tutorial video:

Purchase Invoice Expenses Transaction

For Purchase Invoice Expenses transaction in RADIX, first select the desired company.

1. Go to Transactions > Purchases > Invoices OR click on 4 Purchase Invoice button on the menu-bar OR press Ctrl-4 Shortcut key on Radix main screen.

2. 'Choose a day-book' form will open. Select Purchase Invoice Expenses day-book from the list of day-books displayed and click on OK button or press Enter.

In case of a new day-book, click on New button and Create Daybooks.

3. Entry form will open for the selected day-book. Enter all the details such as:

Document # - Enter the voucher number here.

Date - Enter the date of the Purchase Invoice Expenses transaction here.

Account - Press F4 button, list of accounts will be displayed. Select the desired account from here or type the account name directly.

In case of a new account, click on New button and Create Account.

Party Bill No & Date - Enter the Purchase invoice bill number and date here.

Class - Press F4 button, Classification list will be displayed. Select the Classification under which you want view the effect of this transaction in Zoom.

Are you sure this is: Goods - If this Purchase Expense transaction includes item which are Goods, click on Yes option and for Service, select No.

You can enter the fields you want and leave rest of the fields blank and proceed.

4. In item entry section, enter details such as:

Item - On selecting Class, item details will be filled directly.

Amount - Enter the amount of the Purchase Invoice transaction here.

You can enter the fields you want and leave rest of the fields blank and proceed.

5. You can also add other details such as:

Discount - Enter the discount percentage, discount amount will be directly deducted from amount or enter the discount amount.

Freight Charges - Enter the freight charges here, if any.

Notes - You can enter any account related information here.

You can enter the fields you want and leave rest of the fields blank and proceed.

6. Net amount will be calculated and displayed. Click on Save button. Your Purchase Invoice Expenses transaction will be saved.

7. New button will be activated. To do another transaction, click on New button and start again with step 3.

8. To view the effect of this transaction, go to Zoom > Accounts, press Enter and view the same under Trading Expenses or P&L Expenses section.