SMP Items - Revision history

DavidG at 18:51, 15 June 2023

2023-06-15T18:51:16Z

2023-06-15T18:49:14Z

Fixed typo

2013-08-22T22:37:57Z

SMP_Refund

2013-08-22T22:37:44Z

SMP_Refund

2013-08-22T22:37:08Z

2013-05-08T21:35:24Z

2012-12-19T00:19:40Z

2012-11-15T17:35:31Z

SMP_Item

2012-11-15T17:34:59Z

SMP_Item

2012-11-15T17:33:12Z

SMP_Item

@@ Line 57: / Line 57: @@
 <br>[[File:SMP_Item_SetAccount.png]]
-<br>'''Note''' - If you are keeping invenentory items in SME only and not in QuickBooks, please review the '''[[GL Entries for SME Inventory]]''' page.
+<br>'''Note''' - If you are keeping inventory items in SME only and not in QuickBooks, please review the '''[[GL Entries for SME Inventory]]''' page.
 <br>'''Note''' - Do not change SMP_Item to an Inventory item (instead of non-inventory) if you are keeping your inventory items in SME only.
 <br>'''Note''' - If you are syncing your inventory items in SME to QuickBooks (inventory in both), then income will will not need to be passed through the SMP_Item.
@@ Line 101: / Line 101: @@
 == SMP_Premium ==
 If you are entering a premium charge on a service order, the charge will be passed through the “SMP_Premium” item in QuickBooks as shown in the image below.
-<br>You will want to go the the SMP_Premium item in the QB item list and set the income account and if it is non-taxable, change the tax code to non.
+<br>You will want to go to the SMP_Premium item in the QB item list and set the income account and if it is non-taxable, change the tax code to non.
 <br>[[File:SMP_PremiumExample.png]]

@@ Line 57: / Line 57: @@
 <br>[[File:SMP_Item_SetAccount.png]]
-<br>'''Note''' - If you are keeping invnentory items in SME only and not in QuickBooks, please review the '''[[GL Entries for SME Inventory]]''' page.
+<br>'''Note''' - If you are keeping invenentory items in SME only and not in QuickBooks, please review the '''[[GL Entries for SME Inventory]]''' page.
 <br>'''Note''' - Do not change SMP_Item to an Inventory item (instead of non-inventory) if you are keeping your inventory items in SME only.
 <br>'''Note''' - If you are syncing your inventory items in SME to QuickBooks (inventory in both), then income will will not need to be passed through the SMP_Item.

@@ Line 170: / Line 170: @@
 == SMP_Refund ==
-If you post a credit to a closed/paid invoice in SME, you have the option to create a distributed refund to the invoice. The refund will pass through SMP_Refund on the QB invoice (image below).  Visit the '''[[Post Credit to Invoice]]''' page for info on posting a credit
+If you post a credit to a closed/paid invoice in SME, you have the option to create a distributed refund to the invoice. The refund will pass through SMP_Refund on the QB invoice (image below).  Visit the '''[[Post Credit to Invoice]]''' page for info on posting a credit.
 <br>[[File:RefundLIneItemONQBInvoice.png]]

@@ Line 170: / Line 170: @@
 == SMP_Refund ==
-If you post a credit to a closed/paid invoice in SME, you have the option to create a distributed refund to the invoice. The refund will pass through SMP_Refund on the QB invoice (image below).  Visit the [[Post Credit to Invoice]] page for info on posting a credit
+If you post a credit to a closed/paid invoice in SME, you have the option to create a distributed refund to the invoice. The refund will pass through SMP_Refund on the QB invoice (image below).  Visit the '''[[Post Credit to Invoice]]''' page for info on posting a credit
 <br>[[File:RefundLIneItemONQBInvoice.png]]

← Older revision		Revision as of 22:37, 22 August 2013
Line 166:		Line 166:
	<br>when the invoice is sent to QuickBooks, notice the Credit line is passing through SMP_Credit (image below)		<br>when the invoice is sent to QuickBooks, notice the Credit line is passing through SMP_Credit (image below)
	<br>[[File:CreditedQBInvoice_SMP_CreditItems.png‎]]		<br>[[File:CreditedQBInvoice_SMP_CreditItems.png‎]]
		+
		+
		+
		+	== SMP_Refund ==
		+	If you post a credit to a closed/paid invoice in SME, you have the option to create a distributed refund to the invoice. The refund will pass through SMP_Refund on the QB invoice (image below). Visit the [[Post Credit to Invoice]] page for info on posting a credit
		+
		+	<br>[[File:RefundLIneItemONQBInvoice.png]]

← Older revision		Revision as of 21:35, 8 May 2013
Line 157:		Line 157:

	Click the '''[[Late Fees / Finance Charges]]''' page to learn more		Click the '''[[Late Fees / Finance Charges]]''' page to learn more
		+
		+
		+
		+	== SMP_ Credit ==
		+	SMP_Credit will be used to pass credits on SME invoices over to QuickBooks invoices. These credits will be used when you are returning material you sold to a customer ([[Returns]]) and you need to credit the original invoice. Notice on the SMP_Credit item, you need to choose if the discount is to be applied before or after tax by choosing either non or tax in the Tax Code field.
		+	<br>[[File:SMP_Credit_TaxCode.png]]
		+
		+	<br>when the invoice is sent to QuickBooks, notice the Credit line is passing through SMP_Credit (image below)
		+	<br>[[File:CreditedQBInvoice_SMP_CreditItems.png‎]]

← Older revision		Revision as of 00:19, 19 December 2012
Line 148:		Line 148:
	<br>[[File:SMP_Tax.png]]		<br>[[File:SMP_Tax.png]]
	<br>You will need to setup your tax codes in QuickBooks and they will sync to SME so you can apply them to orders, invoices, and set as default for customers.		<br>You will need to setup your tax codes in QuickBooks and they will sync to SME so you can apply them to orders, invoices, and set as default for customers.
		+
		+
		+
		+	== SMP_LateFees ==
		+	If you are applying Late Fees to invoices in SME, the fee on the invoice passes through SMP_LateFees in QuickBooks.
		+	<br>[[File:LateFeesOnInvoice.png]]
		+	<br>Set the income account and the tax code on SMP_LateFees
		+
		+	Click the '''[[Late Fees / Finance Charges]]''' page to learn more

@@ Line 55: / Line 55: @@
 <br>Open the SMP_Item item in your QuickBooks Item List and set the income account you want to pass income to as shown in the image below.
-<br>[[File:SMP_Item_Accounts.png]]
+<br>[[File:SMP_Item_SetAccount.png]]
 <br>'''Note''' - If you are syncing your inventory items in SME to QuickBooks (inventory in both), then income will will not need to be passed through the SMP_Item.