How P4 Books Works
P4 Books Cloud Accounting
P4 Books is an intelligent, cloud-based accounting software that handles all your accounting needs. P4 Books works perfectly for any type of business, however, it is particularly suited for distribution, with built-in support for lot number tracking, serial number tracking, bills of materials, expiry date tracking, and Packsizes for boxed products. To fully understand how P4 Books works, go through the modules below in the order given.
Accessing P4 Books
To access P4 Books, you will need to register for an account. If you are already a registered user, you can log in to P4 Books directly.
Dashboard
The Dashboard gives you a clear picture of your company's finances. It provides an overview of total accounts receivable, total accounts payable, cash flow, income and expenses, top expenses, projects, and bank and credit cards.
Opening Balances
Before starting accounting in P4 Books, you will need to import the closing balances from the previous fiscal year as the opening balances for the current year.
Products
Products are the goods or services of your organization. Add or import items and price lists in P4 Books.
Customers and Vendors
Add your customers and vendors in P4 Books to create various purchase and sales transactions for them.
Start Invoicing
Create and send invoices to your customers. Receive payments against all invoices. You can track all payments received across different accounts and also record partial invoice payments.
Sales Operations
Create different sales transactions for your customers, such as:
Quotes
Sales Orders
Invoices
Recurring Invoices
Withholding Invoices
Credit Notes
Purchase Operations
Create different purchase transactions for your vendors, such as:
Purchase Orders
Inventory Receipts
Vendor Invoices
Payments
Miscellaneous Expenses
Configuration
Configure the general and module-specific settings for your organization. You can set up Users and Roles, Templates, Reports, and Automation.
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