Accounts Module

Create and Send a Cost Estimate
With Magnetic, it's easy creating and sending your clients cost estimates. ***Note***Only users with Accounts Permissions can access this featur...
Thu, 30 Sep, 2021 at 4:13 PM
Create tasks from a Cost Estimate
Magnetic is full of useful shortcuts that can save you loads of time. This includes creating tasks directly from line items in a cost estimate.  ***No...
Thu, 30 Sep, 2021 at 3:50 PM
Create a Purchase Order
Magnetic caters for companies who work with purchase orders. What is a Purchase Order (PO)? A purchase order (PO) is a commercial document and first ...
Fri, 1 Oct, 2021 at 8:34 AM
Creating a Tax Invoice
There are two methods for creating a tax invoice on Magnetic. METHOD 1: Create a Tax Invoice(TI) directly from a cost Estimate ***Note*** You can o...
Fri, 1 Oct, 2021 at 8:56 AM
Create a Supplier Invoice
There are two methods for creating a supplier invoice on Magnetic. METHOD 1: Create a Supplier Invoice(SI) directly from a Purchase Order(PO) Follow...
Fri, 1 Oct, 2021 at 8:56 AM
Create a Credit Note
On Magnetic, you can create a Credit Note(CN) directly from a Tax Invoice(TI) Follow these steps: Click accounts. Click on Tax Invoices Find th...
Fri, 1 Oct, 2021 at 9:46 AM
Add an Expense
You can easily keep track of your company expenses with Magnetic. Follow these steps to add expenses: Click on Accounts Click on Expenses. Click on ...
Fri, 1 Oct, 2021 at 9:50 AM
Setting external billing names
Do you have multiple billing type names for various positions but only want clients to see a single name?  For example, you have assigned a billing rat...
Fri, 1 Oct, 2021 at 9:52 AM
Activate approved customers and suppliers for billing
Activating this feature restricts the ability to bill only selected customers and suppliers by Account Administrators. Follow these steps to activa...
Fri, 1 Oct, 2021 at 9:56 AM
Accounts workflow for Cost Estimates
In this tutorial we will cover a standard workflow to following for creating, approving Cost Estimates and through to getting them Billed. This is a thoroug...
Fri, 1 Oct, 2021 at 9:58 AM