Recording expenses with multiple installments (applicable for Package Pro and above) (NE019)

In case of recording expenses with multiple installments, applicable for Package Pro and above, you can follow these steps :

Based on the example of Example Co., Ltd. recording the expense related to service cost, totaling 107,000 Baht (including VAT), divided into 3 installments :

Step 1 : Go to the Expenses menu > Expense Record > Click + Create button."

Step 2 : Provide the details for recording the expense, such as the reference, vendor information, price and taxes, and expense chart of accounts.

Once you have already provided the information, double-check the recording of the entries for accuracy.

Step 3 : Installment Payment 1: Price Value: 20% Amount: 21,400.00 Baht.
On the above expense record >> select the payment status bar. >> click on "paid"

Installment Payment 1: Price Value: 20% Amount: 21,400.00 Baht.

Then the system will display a payment pop-up box.

Provide the payment date, the payment method, and the payment amount.

Once you have already provided the information, click on the 'Payment' button.

When making Installment payments 2 and 3,

please follow Step 3 again to proceed with the payment."

You can watch the video tutorial on how to record expenses with multiple installments (available for Package Pro and above) at the following link : PEAK Account Video Tutorial: Purchases and Expense Recording, at 3:02 minutes.