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1. Choose dates
Set the reporting period/project context.
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2. Record invoices
Maintain amounts due using supported controls.
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3. Record receipts
Add actual payments received with the correct date and project.
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4. Record expenses
Enter cost, category and project where applicable.
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5. Reconcile
Compare invoiced, received, outstanding and expenses against underlying records.
Before you begin
- Do not enter an expected payment as money received.
Common questions
Profit differs from invoice value
Invoices, cash receipts and expenses measure different things; check report dates and basis.