How P4 Books Works
P4 Books is cloud-based smart accounting software which takes care of all your accounting needs. P4 Books can function perfectly for any type o business however P4 Books leans towards distribution, with the inclusion of lot number tracking, serial number tracking, Bill of materials, expiration date tracking and Packsizes for boxed products. To fully understand how P4 Books works, go through modules below in the given order.
Accessing P4 Books
To access P4 Books, you’ll have to sign up for an account. If you are already a registered user, then you can directly log in to P4 Books.
Dashboard
The Dashboard will give you a clear picture of your company’s finances. It gives you an overview of the Total Receivables, Total Payables, Cash Flow, Income & Expense, Top Expenses, Projects, and Bank & Credit Cards.
Opening Balances
Before you start accounting with P4 Books, you would need to import the closing balances of your previous financial year as the opening balances for the current year.
Items
Items are the goods or services in your organization. Add or import items and price lists into P4 Books.
Customers & Vendors
Add your customers & vendors in P4 Books to create various sales and purchase transactions for them.
Start Invoicing
Create and send invoices to your customers. Receive payments for all the invoices. You can track all the payments received in different accounts and also record partial payments for invoices.
Sales transactions
Create different sales transactions for your customers, such as:
Invoices
Recurring Invoices
Retainer Invoices
Credit Notes
Purchase transactions
Create different purchase transactions for your vendors, such as:
Inventory Receipts
Bills
Payments
Misc. Expenses
Settings
Configure general and module-specific settings of your organization. You can configure Users & Roles, Templates, Reporting and Automation.
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