Slide 1

Slide notes: We capture Amounts on all Journals. The Amount fields allow entering of Financial Values in a supportive way.

 

 

 

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Slide 3

Slide notes: The Help on the Amount Field gives some insight as to how Amount Fields are treated.

 

 

 

Slide 4

Slide notes: Essentially, we do not have to capture the decimal unless there is a need.

 

 

 

Slide 5

Slide notes: In other words, 10 will be the same as 10.00.

 

 

 

 

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Slide 8

Slide notes: And 10.5 will be the same as 10.50.

 

 

 

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Slide 10

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Slide 11

Slide notes: And we can automatically add VAT or TAX at the prevailing percentage by ending on the character "v".

 

 

 

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Slide 13

Slide notes: So the system will convert the captured amount of 1,000 to 1,140, based on the current Tax rate.

 

 

 

Slide 14

Slide notes: We can even remove an inclusive Tax component by ending on the character 'm'. In this case, the system removes the Tax and reduces the amount accordingly. We note though that final amounts processed on Journals are ALWAYS Tax INCLUSIVE amounts.

 

 

 

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Slide 17

Slide notes: The system will also automatically return a calculated percentage of the amount captured, if we end on the '%' character, followed by the percentage to apply.

 

 

 

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Slide 19

Slide notes: And the amount has now changed to 10.63.