Bank Reconciliation is made easy with Fast Accounts. 1. How to Reconcile a Bank Account Go to Banks Select Reconcile This will open Bank Reconciliation Screen. Step 1 Select Bank Account Enter the bank statement Closing Date Enter the bank statement Closing Balance Press Load Transactions Step 2 Tick the transaction as per bank statement … Continue reading “Bank Reconciliation”Read more
This module is relevant for the businesses, where assembly or manufacturing process is involved, this allows to manage finished goods and also keep track of their production cost. Job costing is so easy with this module, simply start a job, allocate raw material and costs, finish and approve, we will manage the rest. 1. How … Continue reading “Assembly Module”Read more
In this feature you can buy and sell products with Batch Number. This will allow to record the Batch Number at the time of purchase of inventory and when you sell the products, simply select the batch number from available inventory. This feature is ideal for Pharmaceutical distributors, laptop and mobile phone sellers. How to … Continue reading “Inventory Management with Batch Number”Read more
We have now introduced a feature to allow print of two copies of sale receipts side by side on the same page. 1. How to enable two copies print for Sale Receipts Go to Settings Menu Select Sales Receipts This will open Receipts Settings Menu Once on the Receipts Settings screen Select Settings from Left … Continue reading “Two copies of Sales Receipts and Bill Payments”Read more
Fast Accounts has introduced the feature of Multi Location Inventory, please contact Support team to upgrade your account. 1. How to add Locations Go to Settings Menu Select Locations This will open Locations listing Once on the Locations listing page, you will find Main W/H already been set up. To add new Location, Select Add … Continue reading “Multi Location Inventory”Read more
The new journal printing with traditional debit & credit style, has been added to all sections in the Fast Accounts. 1. Bank and Journals On the Bank and Journal section, the print button is available on the top of the listing. On bank voucher printing only select a single row from a voucher and it … Continue reading “Fast Accounts Journal Printing”Read more
A new option is now available in the product module, this allows bulk import of product opening stock values after products have been set up. Simply click on the product page select import button from the top right hand corner and select option Import Opening Stock Use the template to import the data. In addition … Continue reading “Product Opening Stock update”Read more
1. Edit Sale Invoice / Sale Credit In case of Edit of Sale invoice or Sale Credit, which has already been paid, the allocation of receipts or credit offset will remain in place. However in case of Edit the total must be greater than previously received or offset amount. 2. Batch Sale invoice On batch … Continue reading “Fast Accounts Sales Module Update”Read more
1. Edit Supplier Sale Invoices / Supplier Bills In case of Edit of Supplier Bill or Supplier Credit, which has already been paid, the allocation of payments or credit offset will remain in place. However in case of Edit the total must be greater than previously paid or offset amount. 2. Batch Supplier Bills On … Continue reading “Fast Accounts Expenses Module Update”Read more
Import templates have been updated, now you can add Project Name to the Excel import file. For latest templates press download at the import screen.Read more
Method 1 If you want each employee ledger of payroll use this method. In this way you can record the payment of salary and advances during the month and keep full record. Set up each employee payroll Nominal in Chart of Account Add advance salary payment during the month to the employees Add payroll journal … Continue reading “How to record employee Salaries & Advances in Fast Accounts”Read more
We work with you to improve things, we have now added option to copy Sale invoices Journals & Bank payments In case you have to create same invoice for the same customer or for any other customer, you will have option in the Action Menu to copy the invoice, once selected as copy, it will … Continue reading “Copy Sale invoices, Journals or Bank Payments”Read more
Automated Voucher number have been added to “Sale Receipts” and “Bill Payment” listing’s, you will notice a column “V. No.” on these screen. Every time you will save a transaction, Fast Accounts will add an automated voucher number.Read more
We are pleased to announce that we have now added full module of Project Accounting in the FastAccounts.pk. We have made it easy, you can add unlimited number of project and also have their profit and loss account available on a glance. Simply tick the box Project Accounting in smart settings to activate the project … Continue reading “Project Accounting”Read more
We believe in giving more control to the management, now we have added a feature which will allow you, to lock any accounting period. Simply add the closing date and it will lock all the data up to that accounting period. Only admin will be able to activate this feature, go to the setting menu … Continue reading “Lock Date”Read more
We have made, 2 key changes to “Bank Payment” section, first, you will notice a column “V. No.” has been added, this is an automated voucher number added to the transactions. Every time you will save transactions from a bank payment screen, Fast Accounts will add an automated voucher number. Second, when you will press … Continue reading “Voucher Number on Bank Payment, Bank Receipts and Bank Transfer”Read more
Some businesses has to prepare Quotation / Sale Order, now we have added Quotations to Fast Accounts. You can find the Quotations, under the Sales module, the Quotations process is the same as Sales Invoice. You select the customer and products and once Quotation is ready, you can save, once the Quotation has been accepted … Continue reading “Quotation / Sale Orders”Read more
We have added a new feature; as a result you can add discount on the product level on the product form and also on the customer level when you link the product with customer. The discount applied at customer level will appear on the sale invoice screen for that customer and also apply in the … Continue reading “Customer product discount update”Read more
We have added a new feature; as a result customer dealing with distribution business (Third Schedule) now have option to set discount on customer level and also trade offers. There was already option to set discount and trade offer on the product level, however for customers which are on different discount or trade offer, you … Continue reading “Distribution Template update”Read more
Excellent news! We here at the FastAccounts Team have made yet another brilliant addition to FastAccounts, now business’ that offset sales receipts and supplier payments on a FIFO basis may now do so by simply typing the receipt or payment in the amount box on either the ‘Add Sales Receipt’ screen or ‘Add Supplier Payment’ … Continue reading “FIFO ALLOCATION UPDATE!”Read more
With our recent Invoicing Template Update, we felt that to maximise the ease of use of FastAccounts we also provided additional fields on the ‘Product Forms’. You can now setup a product record, in which you can assign a Sales Discount and Sales Tax rate. This will appear on the Sales Invoices when you select … Continue reading “Product Records Update”Read more
Great News! We here at FastAccounts take pride in delivering quality service to all our clients, and in order to fulfil this promise of ours we have made the decision to further enhance our software for you, the users. We have recently added 2 new invoicing templates: 1) Inline and 2) Distribution for Sales Invoice … Continue reading “Invoicing Templates Update”Read more
In this video we have explained how to setup the product and services to sell to customers.
You can also import product or services information via spreadsheet.Read more
In this video tutorial we have step by step explained how to record a full or partial sale receipt of a sale invoice.Read more
In this video we have explained how to record a supplier credit note in FastAccounts.Read more
In this video tutorial we have step by step explained how to record a full or partial payment of Supplier Bills.Read more
This video provides details of how to add a non-supplier payments (also known as cash book expenses payments) in FastAccounts.
You can record a single cash book expense or batch of expenses on one screen.Read more
This video provides details of how to add a non-customer receipt (also known as cash book receipt) in FastAccounts.
Record a single non sale receipt or full batch on the same screen.Read more
This video explain step by step how to record a transfer between bank accounts or cash and bank.
All transfer transactions are listed separately to provide you full control.Read more
This video provides details of how to record the payments of withholding income tax made to FBR for the deductions made from supplier.
Payments are automatically linked to both supplier and withholding income tax account.Read more
In this video we have explained how to setup a sale invoice template to print customised sale invoices.Read more