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Welcome to the Sanka Accounting Management Guide!

In this guide, we’ll give you an overview of Sanka’s accounting management system. Sanka offers a streamlined solution to manage your accounting processes with ease.

From handling invoices to tracking expenses and managing bills, Sanka’s user-friendly features help automate and simplify your accounting tasks.

What You'll Learn in This Guide

• The basic flow of accounting management
• Default objects of Accounting Management
• Next steps
• Advanced accounting features available in Sanka

Before getting started, familiarize yourself with objects, modules, and records in Sanka. Read the guide: Sanka Basics.

Then Learn how to set up and customize new modules in Sanka: How to Create New Modules.

Basic Flow of Accounting Management

Sanka helps streamline your accounting workflow, ensuring you stay on top of your finances. Here is an overview of the basic accounting process in Sanka:

The Accounting Process:

1. Create and Send Invoices: Use Sanka to create and send professional invoices to clients and customers, ensuring timely payment.
2. Record and Manage Expenses: Keep track of your business expenses by entering each cost incurred in your operations.
3. Manage and Pay Bills: Sanka helps you manage and pay bills to partners, ensuring that all your payables are processed on time.
4. Track Transactions: All transactions, whether income or expenses, are logged and organized automatically. This ensures that you have an up-to-date overview of your finances.

Sanka simplifies these processes by providing clear workflows, easy-to-use interfaces, and automated reminders to keep you on track.

Default Objects in Accounting

Sanka’s accounting system revolves around key objects like Invoice, Bill, and Expense. Each of these objects plays a critical role in your accounting workflow, and here’s how to use them:

Invoice

Invoices are critical for billing customers and getting paid on time. Sanka’s Invoice feature allows you to easily create, send, and track invoices. Personalize your invoices by adding your company logo and customizing payment terms to ensure timely payments.

How to Create an Invoice:

1. Navigate to the "Invoice" object.
2. Click "Create Invoice."
3. Enter customer details, billing items, and payment terms.
4. Send the invoice via email or export it as a PDF.

Bill

A Bill refers to any money your business owes to suppliers or partners. Sanka’s Bill feature allows you to manage these payables effectively. You can create bills, set reminders for due dates, and mark bills as paid once they are settled.

How to Create a Bill:

1. Go to the "Bill" section.
2. Click "Create Bill."
3. Enter the partner's details, total amount, and due date.
4. Track the payment status and ensure timely payments.

Expense

Expense tracking is crucial for keeping an accurate record of where your money is going. Sanka’s Expense feature allows you to log every business-related expense, helping you manage operational costs effectively.

How to Create an Expense:

1. Open the "Expense" object.
2. Click "Create Expense."
3. Fill in the required details such as expense category, date, and amount.
4. Upload receipts or documents if needed for future reference.

Benefits of Using These Objects:

• Invoice: Keep track of all money owed to your business and ensure clients pay on time.
• Bill: Manage your payables efficiently, reducing the risk of missing payments or incurring late fees.
• Expense: Gain better control over your operating costs and financial health by accurately recording expenses.

Next Steps:

• How to create an invoice
• How to create a bill
• How to create an expense

Advanced Features

Beyond the basic flow, Sanka also offers advanced inventory management features. Here are some options for those interested:

• Bulk Entry: For managing large numbers of items or inventory updates, you can use bulk entry for both items and inventory. This is especially useful when uploading multiple changes via CSV.
• Integrations: Sanka supports integrations with other business software, allowing you to sync inventory management with accounting, order management, and shipping services.
• Real-time Updates: Sanka provides real-time inventory updates, ensuring that you always have an accurate view of your stock levels and can make better business decisions.

For further assistance or to explore more advanced features, visit our Help Center or reach out to our support team.