Overview WP Ever Accounting comes up with several features to facilitate and to get an overview of your regular affairs. It is entirely an alluring package to deal with your business sphere. But one thing we have to know before knowing the features – WP Ever...
Income Summary Report WP Ever Accounting brings up Reports to show financial activities in a structured manner. Indeed, it gives you all the financial information you need so that you can visualize your business in detail and can keep track of your financial state....
From the settings page, you can set the information about your company. As you want to operate a business using WP Ever Accounting, the company name will act as a legal entity to engage in your business account. Company Settings Fields From the Company Settings...
Import Data Effectively WP Ever Accounting gives you an opportunity to import accounting entities such as customers, vendors, accounts, and more in CSV format. To import these components, go to the ‘Tools’ menu. There, you will find both the importing options. Import...
Invoices help you to keep legal records of your sales by tracking the number of goods sold, date of sales, how much money was paid. Invoices include both taxes and discounts when necessary. WP Ever Accounting gives you the opportunity to add invoices so that you can...
An item is especially a product that can be sold or can be bought. Using WP Ever Accounting plugin, you can categorically add as many items as you want by introducing both sale price and purchase price and can also include items in the invoice and bills. Add items How...
WP Ever Accounting gives you an option to transfer money from one account to another. Even though the currencies can be different, WP Ever Accounting takes care of the conversions of the currencies. Provided that, the conversion of the currencies is completely...
By definition Transaction is an exchange or transfer of goods or services. When revenue or expenses are realized or incurred, Accrual accounting records transactions. It happens only when a business spends or receives money. To locate Transaction history in WP Ever...
We use accounts so that we can keep a record of money received and money paid out. In other words, by creating accounts, WP Ever Accounting can keep records of every transaction that can increase or decrease a company’s funds. Add a New Account Fields Required to Add...
Revenue is the top prior line as it appears first on a company’s income statement. Revenue is known as sales on the income statement. Besides, it is independent of deposits, sales items, tax, attached invoices, and other similar records. Add Revenues From WP Ever...
In general, a customer is a person who buys goods or services from a shop or business. Customers are important so that you can keep an eye on sales. Most importantly, you will be needing customers to generate invoices when needed. How to Add Customers To add...
Payment is the top prior line as it appears first on a company’s expense statement. It is the expense that is recorded in a book before it is being paid. How to Add Payments To add payments, simply click on the Add New button from the Expense menu in WP Ever...