On this page, you will find everything related to the Quick Entries page, including how to access it, its concept, and how to create a new quick entry.
To access the “Quick Entries” page, please follow these instructions:
- Start by clicking on the “Financial” menu in the main menu.
- Next, click on “Financial Setup” available in the top toolbar of the page.
- Then, click on the “Quick Entries” link.
By following these steps, you can easily access the Quick Entries page.
Concept of “Quick Entries”:
Quick Entries are defined as pre-assigned and stored settings for one-time use. They are used to prepare and configure a set of related accounts and values, along with their relevant sub-data. These settings aim to simplify and expedite the process of adding and entering data into the system. Once the saved data group is selected, it can be used to automatically and instantly populate relevant fields and input related data.
- To illustrate this concept, consider some practical examples. For instance, in an accounting environment, when a user needs to record multiple recurring transactions such as “receipt vouchers,” “payment vouchers,” “daily journals,” and so on, they can benefit from Quick Entries. Instead of re-entering repetitive data each time, the user can choose the saved group relevant to the operation they want to execute. Upon selection, the system can automatically fill in the relevant fields according to the saved values, reducing the chances of errors and increasing operational efficiency.
- Other examples of benefits of Quick Entries include simplifying the input of fixed and repetitive data, such as monthly rent expenses. In such cases, the user can set up a Quick Entry that includes all necessary details in advance, allowing them to execute daily tasks quickly and easily. Once this Quick Entry is used, the system can automatically populate the relevant data, including the rent expense account, tax account if required, and specifying the payment branch.
- In summary, the concept of Quick Entries is a significant mechanism for streamlining and speeding up data input processes in the system, especially when dealing with repetitive or fixed data. This mechanism contributes to increasing efficiency and reducing the likelihood of errors, thus improving the workflow and smooth transitions between various accounting and administrative operations.
Explanation of How to Set Up “Quick Entries”:
After adding a new type of Quick Entry, you must complete the remaining steps related to dividing the value and linking it to the appropriate branches and analytical sectors. Here are the steps in detail:
- Start the Modification Process: To begin, go to the newly added entry and click on the “Edit” button next to it. This will open the editing page where you can modify entry details.
- Quick Entry Rows Table: When you navigate to the editing page, you’ll notice a table called “Quick Entry Rows” at the bottom of the page. In this table, you can add and modify Quick Entry details in a detailed manner.
- Select Value Type: First, choose the type of value you want to specify for the row. This type can be “Fixed Value,” “Value with Added Tax,” “Value with Included Tax,” etc.
- Choose General Ledger Account: Select the account associated with the General Ledger for the entry. This account will be automatically added to documents related to the entry.
- Add Row Value: In this field, enter the value associated with the selected account in the previous step. This value will be automatically added to documents using this entry.
- Select Company Branch: Choose the branch associated with the current row. This helps direct the entries to the appropriate branch in the documents.
- Analytical Sector (Optional): If you need additional analysis, you can select the analytical sector associated with the current row. This is optional, and you can leave it blank if not required.
- Update Data: After filling in all the required details for the Quick Entry, click the “Update” button to save and confirm the changes.
By completing these detailed steps, you can accurately configure your Quick Entries and ensure they are directed appropriately in various documents, ultimately improving work efficiency and reducing manual effort in data entry.