Visual Dolphin Accounting Software Tutorial Exclusive Here

Efficiently handling vendor relationships protects your cash flow and ensures accurate expense recognition. Step 1: Booking a Vendor Invoice Go to > Transactions > Supplier Invoices .

Select your client. Review their credit limit status, which appears on the header bar.

Define credit limits and payment terms per customer. The system automatically checks these limits when preparing sales orders or invoices. Receipts and Collections

: Features automatic posting from supplementary modules to ensure live financial reporting. visual dolphin accounting software tutorial exclusive

: Provides comprehensive audit trails at the level of every entry for transparency. MyDolphin Workspace

Upon logging in, you are greeted by the main dashboard. You can customize this layout to prioritize the modules you use most frequently.

Beyond standard accounting, Visual Dolphin offers niche modules tailored for specific sectors: Manufacturing Review their credit limit status, which appears on

Post all pending transaction journals across all sub-ledgers.

Set up your base currency (e.g., USD or EUR) and input daily or monthly conversion rates for foreign currencies to enable automatic exchange gain/loss calculations. Section 3: Mastering the Accounts Payable (AP) Workflow

Supports business growth through flexible modules. Conclusion Receipts and Collections : Features automatic posting from

Click to automatically credit the AP Control Account and debit the appropriate expense or inventory account. Step 3: Executing Payment Runs Navigate to AP Payments > Payment Journal . Select your payment method: Check, Bank Wire, or ACH.

The Inventory Control module is integrated with Accounts Payable and Receivables. When you purchase inventory, the AP module creates the liability and the Inventory module updates stock quantities and costs. When you sell inventory, the AR module records the revenue, and the Inventory module reduces the stock and records the cost of goods sold.