Lesson 1 of 4 · 3 min

Entering a supplier's bill

What you owe a supplier, line by line: stock comes onto the shelf at its cost, and the paper bill's photo stays with it.

  1. Purchases → Bills → Record a bill

    When a supplier's bill arrives, Purchases, then Bills, then Record a bill. Pick the supplier, type Their bill number, the Bill date and when it's Due (their terms fill it in), then What you bought: stock items come onto your shelf at the bill's price; a line you type out goes to an account, the supplier's usual one unless you pick another, such as repairs or equipment.
  2. Punjab Rice Mills sent fifty bags of basmati and forty-five of sella, due in 30 days. Rice is exempt, so there's no tax on it; a bill for oil would carry its 18% sales tax, which goes to Sales tax paid (input tax) for your return.
  3. Keep the paper bill with it: under Their bill, add a photo of it or the supplier's PDF, up to 4MB each. It's private to your team and stays with the bill, for your accountant or the tax office later.
  4. What B-0019 posted

    Press Enter as owed and the bill puts 95 bags on your shelf at what they cost and posts one entry: your stock goes up, and so does what you owe the mill. Save draft instead, and it does neither until you enter it. The bill's page shows the entry, under Posted as.

Try it

Opens Ledger. You'll be asked to sign in first; new businesses get a free week, no card needed.

Record a bill

Quick check

2 quick questions. Pick an answer and Leo will tell you how you did.

1. You enter a bill for 50 bags of rice. What happens to your stock?
2. The oil distributor's bill has 18% sales tax on it. Where does that tax go?

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