A special
module which allows users to raise bills on behalf of their suppliers,
against their purchase ledger, and which can contain elements of
sales ledger items.
Perhaps
the best example of this type of requirement is where a company
has contracted suppliers of a product, but the recipient company
must charge the contractor for certain goods and services on receipt
of the product.
A self
bill invoice will show the goods supplied by the contractor and
the contra charges being made by the recipient.
After
both purchase and sales VAT have been accounted for, the net amount
at the foot of the bill is the amount to be paid to the contractor
from the recipient’s purchase ledger.
This can
be paid in the normal way, using Sage Line 100 automatic payment
procedures |
