The payment for the New PEAK accounting software package can be recorded as cloud service expenses, with the following these steps :

Step 1 : To create an expense entry by

Going to the "Expenses" menu >> "Record Expenses" >> "Create" as shown in the image.

Step 2 : Vendor Information

Seller : To enter the contact Information (If it is a new contact, you can add them directly on this page by clicking on "+ Contact").

Issue Date : To enter the issue date indicated on the received document.

Due Date : To enter the due date indicated on the received document

Step 3 : Price and Tax Information

Pricing Type : To enter the price type.

Received Tax Invoice : In case you have received a tax invoice, you can directly enter the details of the received tax invoice. However, if you haven't received a tax invoice yet, you can leave it blank and enter the details of the tax invoice later. You can see an example of entering a purchase tax invoice later by clicking here.

Currency : To specify the desired currency. By default, the system will set the currency to Thai Baht.

Step 4 : Item Information

Account/Expense : To specify the account structure as "530306 - Utility expenses - cloud service."

Description : The system will generate a description based on the account structure name. You can enter additional information (up to 1,000 characters) if needed.

Quantity : To enter the quantity.

Unit Price : To enter the price per unit.

Discount/Unit : To enter the discount per unit (if applicable).

VAT : To enter the VAT rate.

Withholding Tax : To enter the withholding tax (if applicable, and if it is an individual taxpayer, withholding tax can't be deducted).

Step 5 : Payment Details

To enter the payment information, including the payment date, payment method, amount, and withholding tax (if applicable).

Once you have already entered the expense transaction details, you can check the accuracy and completeness again.

If all the information is accurate and complete, you can click the "Save Draft" or "Approve Expense Record" button to record the expense transaction.

You can watch the video tutorial on how to record cloud service expenses at the following link : Recording Cloud Service Expenses