Expense Ledger

ACRES - Expense Ledger

The Expense Ledger is used to log all back office expenditure not specifically associated with a Sale.

Primary Key to be automated by ACRES.

Full reporting is required. Expenses by Date, by Category and by Creditor. Reporting for audit is also required such as Expenses for period outstanding at a specified date.

Expense Ledger Fields
All Expense Ledgers will be at PRIVATE level.
Primary Key to be automated by ACRES.
Right click functionality to be determined upon sight on screen display.
Date:	Date the transaction was initiated.
To:	Select from Contact Database from entried flagged as Back Office Suppliers list.
Item:	Brief text description of what was purchesed. Examples would be '2 x domain names', 'shelves', 'Mini Minor Turbo'.
Ref:	Suppliers invoice number or receipt reference.
Total:	Total amount of transaction including taxes.
Tax:	Tax amount.
Amount:	Difference between Total amount and Tax amount. Calculated automatically by ACRES.
Category:	Select from Expense Ledger Categories.
Due Date:	Date that the Expense is due.

The Paid to Date and Amount Due figure will most like be determined by comparing a Payment Ledger to the Expense Ledger. If there is an Expense Ledger entry for US$50.00 and a Payment Ledger entry for US$30.00 then the amount due on reporting (screen and print) will show as US$20.00