Purchases and expenses

Vendors, purchase orders, goods receipts, purchase invoices, debit notes, expenses and paying your suppliers.

VendorsKeep your suppliers in one list, with their VAT treatment and TRN, so their bills recover the right input VAT and you always see what you owe them.
Purchase orders and goods receiptsOrder from your suppliers, have the order approved, receive the goods all at once or in parts, and turn the order into a bill that matches what you received.
Purchase invoices (bills)Enter a supplier's invoice as a bill, check its input VAT and approve it. Verasol books the cost or the stock, the VAT and what you owe the supplier.
Pay your suppliersRecord what you paid a supplier against its bill, or one payment for several bills, by bank transfer, card, cash or cheque. Verasol takes the amount off what you owe and out of the bank account you paid from.
Supplier debit notesRecord a supplier's credit note, goods you send back or a price reduction as a debit note on the bill. Verasol reverses the cost and the input VAT and settles the bill with the credit.
ExpensesRecord running costs such as rent, utilities, fuel and professional fees as bills on an expense account, including receipts you paid on the spot by card or cash.