Catégories

Accounting

Accounting

From the smallest to the largest business, bookkeeping is a crucial part of running an organization.

With our accounting software you will find several functions that will allow you to carry out all the accounting operations of your company.

Among other things, you can create invoices, enter payments from your customers and disbursements from your business.

This is your best tool for planning your fiscal year thanks to, among other things, a budget and an income statement.

You will also have access to various reports essential to the day-to-day management of your business.

Here are some of them: disbursement reports, payment reports, payment reports, statement of account, remittance of taxes, etc.

In addition we offer more specific options:

Subcontractor certificate
Purchase Orders
Work in progress
List of suppliers
Mileage expenses
Inventory management by warehouse

Invoice approval

By Billing, Configuration, Configure your Collabox, Employees

Do you have several project managers preparing invoices? Others need to consult them, but should not modify them? Simply ask Collabox for an invoice approval to stay in control.

Access to billing

First, you decide who has the right to create and view your company’s invoices. Then, go to the employee record to give or remove access to the billing.

Select “Configuration” at the top of the page, then “Employees” in the left menu.

Image showing the main menu of Collabox. The cursor points to the "Configuration" tab.
Image showing part of the left menu under the Configuration tab. The cursor points to the "Employees" link

Choose an employee whose access is to be modified, then click on the “Menus” tab.

Example of a customer file where the cursor points to the "Menus" tab.

Scroll down the page until you see the “Billing and Accounting” module. Check the Billing box if you want to give access, or uncheck it to remove it. Save your work.

Image of the Menus page of the employee record. The cursor points to the billing checkbox to give the employee access.

Now, still in the employee’s file, select the “Advanced configuration” tab.

Menu of the employee's file. The cursor points to the Advanced Configuration tab.

Scroll down to the Accounting Module. There are several access options available to you. You can approve invoices for which you are responsible, or the entire company’s invoices. You can view the invoices in edit or view only the invoices for which you are the account manager. The choice is yours.

Image of the Advanced Configuration page of the employee's record. Red boxes indicate where the checkboxes are to give an employee invoice approval, consultation only or full restriction.

Invoice approval

When you are the approver of invoices, you have an action to take before you can send them to the customer.

First, open a new invoice and check the information. Make changes as needed. Then, at the bottom of the page, click on the “Approve Invoice” button.

Series of clickable buttons at the bottom of the invoice. The cursor points to the "Approve invoice" button.

In the list of invoices for the current month, a green check mark appears next to the approved invoices.

Examples of approved invoices where you can see the green brackets next to the invoice number.

When they are pending approval, a red alert message is visible at the top of the invoice and no check mark is visible.

Example of an invoice that has not yet been approved. A red message appears at the top of the page "This invoice is not approved".

Watch several videos on our Youtube channel and visit our Tips and Tricks section in the Documentary Blog to continue using the Collabox!

If you have any questions, please contact us and we will be happy to answer you.

info@collabox.com (418) 907-9274 ext. 120

Exports to Sage 50

By Accounting, Billing, Import and export of data, Uncategorized

Collabox allows you to export to Sage 50 to facilitate your accounting with an external software. Contact us to take advantage of this option.

Exporting invoices

To access the Export to Sage 50 page, first go to the “Accounting” main menu.

Then, go to the left menu in the “Export” section and select the “Export to Sage 50” feature.

Then check all the invoices to be exported.

When you press “Export invoices”, it creates an .IMP file.

Save the file in an easy-to-remember location.

Importing into Sage 50

First, open the “File” tab and scroll down to the “Import/Export” option. Then select “Import Transactions…”.

Choose the second option presented since you want to import sales invoices.

The software recommends to make a backup of the data before importing, free to you.

Then browse your computer to find the .IMP file you saved earlier.

You will then be asked the following questions for each invoice to be imported.

If the client does not exist in Sage 50, you are asked to create it or associate it with an existing client. If a client of the same name exists, you will not see this step, because the client will be assigned to the one of the same name automatically.

Next, you will need to associate each invoice item with the corresponding items/accounts in Sage 50.

If you use the same product numbers in Collabox as your items in Sage 50, you can check the following box in your Sage 50 clients to skip this step:

Modify a client:

Your invoice items will be associated automatically, as long as they exist in Sage 50.

There, the bill is imported!

Watch several tutorials and videos on our Youtube channel and visit our Tips and Tricks section in the Blog to continue your Collabox configuration!

If you have any questions, please contact us and we will be happy to answer you.

info@collabox.com (418) 907-9274

Enter a disbursement

By Accounting, Disbursed

We present you the method to enter a disbursement in the Collabox “Accounting” module.

There are also other ways to keep track of your disbursements, such as in the timesheet or in the project sheet.

1- Click on the -Disbursements- function located in the left menu of your Collabox.

2-Click on the link -add a disbursement -.

3- Fill in the 4 mandatory required fields. Add a new supplier if needed. Don’t forget to select the right payment method, this will avoid problems during the bank reconciliation.

Thereafter, the other fields that appear on this page can be used as needed to enter a disbursement.

4- Then, you have to complete these 3 fields. Then click on the button – calculate taxes. Note that the Collabox calculates the taxes for you, but if you have a disbursement without taxes, you must uncheck the “taxable” box and press the button – Calculate total only.

Visionnez plusieurs vidéos sur notre chaîne Youtube et visitez notre section Trucs et Astuces dans le Blogue pour poursuivre votre configuration Collabox!

En tout temps si vous avez des questions, communiquez avec nous et il nous fera plaisir de vous répondre.

info@collabox.com (418) 907-9274

Collabox and Nethris

By Accounting, Human resources functions
Image demonstrating Collabox's compatibility with several payroll systems and other software. For example, Collabox and Nethris, Employer D and Advantage.

You are using the Time Sheet Module in Collabox and you do business with Nethris to do your payroll?

We can simplify your life by creating a file specific to your pay conditions (earning codes and others) thanks to the different data produced by the timesheet entries and displayed by the Report by employees .

This automatically created file is then sent to Nethris for payroll entry.

Get this service now!

In addition to Nethris, Collabox is also compatible with several other payroll software and systems, such as Employer D, Advantage, Quickbooks, Sage 50, Square, Dropbox and Paypal.

Dropbox compatibility offers instant project creation in both systems for quick sharing with your team.

Our dedicated team of programmers is here to help you make your digital shift with Collabox! We offer you a complete ERP and CRM service for the comprehensive management of your company. From timesheet entry to project or order preparation to invoicing, it’s all there. Customer follow-up is optimal with the CRM module, while your budget is properly managed with the Accounting module (including the general ledger and the balance sheet).

If you have any questions, you can contact us at any time and we will be happy to answer you.

info@collabox.com or 418 907-9274

Expense and mileage accounts

By Accounting, Disbursed, Timesheet

The Collabox allows you to easily manage your employees’ expense and mileage accounts. You can also create reports related to these expenses for optimal management.

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The first step is to configure the mileage in the employee record, under the RATE tab. This step is necessary for the calculation of the expenses to be reimbursed to the employee.

mileage expenses

Next, you need to define your types of expenses. To do so, you click on the “Accounting” tab in the main menu (top of the page). Then select – Define Expense Types – from the left-hand menu.

Define types of expenses

The Collabox allows you to choose your types of expenses, according to your preferences. You can also edit and add specific fields as needed.

When the configuration is complete, the expense and mileage accounts are filled in via the employee’s timesheet. It is up to him to enter his expenses in connection with the right project, customer or service.

In addition, you can add directly at the bottom of the timesheet, via a custom field, the invoices or any other document associated with the expense entered. This greatly facilitates the accounting management of your company.

For the efficient management of expense accounts, it is possible to create a complete report per employee. This report allows for theapproval of expenses by a manager (project manager, supervisor, etc.) and the transformation of the expense into a disbursement for the company. The expense is automatically displayed in the monthly list of disbursements.

the expense report

To turn the expense into a disbursement, you must first ensure that the employee is a supplier to your company. Since the expense is always associated with a supplier, this step is crucial.

To do so, click on “add a supplier” in the configuration menu.

Then, fill in the desired fields so that your employee’s name is the supplier.

Now convert your disbursement via the expense report.

If you have any questions at any time, you can contact us and we will be happy to answer your questions.

info@collabox.com (418) 907-9274

Les versements Collabox

Payments into the Collabox

By Accounting, Payment

Payments” in the Collabox, refers to receipts from services or products sold. Thus, for each invoice created in the system, a remittance entry must be created.

In order to correctly record these operations, an internal control of the receipts is necessary. It is therefore important that you assign a number to your invoices, which Collabox does automatically for you when you create the invoice.

Also, you should plan to create a list of payment methods that are normally accepted by your company. Like for example:

  • checks,
  • credit and debit card payments,
  • bank transfers,
  • direct debits,
  • bank deposits
  • cash,
  • Square,
  • Paypal, etc.

By exercising key Collabox principles, such as experience accumulation and single entry, Collabox has succeeded in simplifying the visualization and access to interdependent data. From the same environment (the same screen), Collabox offers you the possibility to view the invoice, payments (installments) and disbursements related to a product or service. A simple management tool that will enrich your business processes.

Create a payment

There are two ways to access the payment creation functionality.
a) From the menu on the left of your screen under the link Payments
b) From an invoice

a) From the menu on the left

  • Click on the Accounting icon
  • Go to the grey menu on the left and click on payments
  • Click on Add a payment
  • Enter the data
  • Register
Add a deposit 1

Enter the data

Add a payment 2

b) From an invoice

Fill in the necessary information to find your invoice and once the list of results is displayed, you can click on the #invoice or the date. This action will give you access to the different tabs available. In particular and the one that interests us: payments.

Find your invoice
find your invoice
find your invoice 3

Once on the tab, you will have the option to add a payment and also view if a payment has already been entered. According to your choice, you will have to indicate the terms of your payment as already explained in the images above or consult the payment already entered, if you need.

find your invoice 2
invoice payment

Internal control and liquidity

If compliance with your internal business policies, prevention and detection of fraud and errors, and ensuring the accuracy of your accounting records are important to you, the ease of use of Collabox will fulfill your need to exercise your internal control and decision-making processes with peace of mind.

Do not hesitate to consult your Income Statement available in your Collabox Accounting module to prepare your year-end forexample.

Product management with Collabox

By Digital transformation, Products, Products and inventory

Collabox has everything to help you manage your products and inventory.

It should be noted that depending on your sector of activity and your management tools already in place, your needs will be specific and different from a company that looks like you. Since Collabox is a customizable software that serves its customers, nothing is impossible!

Collabox adapts to your needs thanks to a team of dedicated programmers. We are also here to guide you and answer your questions.

Management by products.

Here are the main features of the “products” in the Collabox.

1- Establishing your budget items associated with your products and related to your billing.
2- The development of your service offer (tender) by products

3- The detailed “product” sheet

The product sheet allows you to manage the product specifications in addition to managing the inventory. In the same form, information about prices (minimum, list price), commissions and others.

5- Managing your inventory by product
6- The report “history by products” which gives you a display of everything that is active, among other things to manage the inventory.

Managing products is easy with Collabox!

If you have any questions, please contact us and we will be happy to answer you! info@collabox.com (418) 907-9274

State of results by department

By Accounting, Configure your Collabox, Digital transformation, Result status

Collabox allows you to set up a budget and income statement by department in its Accounting Module. If your organization operates with independent budgets per department, this option is for you!

Set up a department

Start by setting up your departments. Go to the main menu “Configuration”.

In the left-hand menu, select “Departments”.

Then add a new department.

Fill in the required fields and repeat the last two steps until all your departments are created.

Create budgetary positions

Then create your budget items. The budget and income statement work closely with the budget items. It is therefore important to configure them well and link them to the right transactional accounts of your company. The following video explains how to properly create your budget items.

To view the video, click here.

Add a budget

Now go to the “Accounting” menu.

In the left-hand menu, select “Statement of Results”.

Add a budget or select one from your list.

Choose the “Revenues” tab and then select the department for which you want to create or modify a budget.

Add your forecast by line item for the year. Start with income, then go to the “Expenses” tab. This is your projected budget.

Consult the results by department

At any time during the year, view your statement of results by department. Return to the main “Income Statement” menu and click on the link of the same name rather than the budget.

Check the box of the department you want to view and that’s it!

If you have any questions, please contact us and we will be happy to answer you.

info@collabox.com (418) 907-9274

Bookkeeping service

By Accounting, New arrivals
Collabox Accounting
Collabox Accounting

Collabox offers a bookkeeping service to help you perform!

Bookkeeping outsourcing with Collabox’s accounting module
BOOK THE SERVICE NOW!

Do you need support in your bookkeeping, but don’t want to hire a resource just to do the job?

You are using the Collabox accounting module and you have some bookkeeping tasks to do periodically?

Whether it’s 5 hours a month, 2 hours a week or more, we can do it for you with Collabox Bookkeeping Service.

Here are some examples of tasks performed by our team:

– Prepare and process tax remittances
– Manage accounts receivable
– Manage suppliers to track accounts payable
– Do the monthly bank reconciliation
– Perform billing related tasks
– Prepare payroll files
– Entering expenses (disbursements)
– Produce different reports as needed

– Other services according to your needs, we are listening!

This service is charged by the hour

A minimum of 2 hours per month must be reserved.

At any time to know the terms and conditions, contact us and we will be pleased to answer you.

louise.lahaie@collabox.com or 418 907-9274, ext. 120