Micro-business

This template is designed for self-employed and for those who need to easily manage a micro-business.

Click on the Add folder button above and this pre-configured folder will be added to your BASE·finance account.

This folder regroup several accounts, label lists and action flows, which you can customize to fit your specific needs. The normal flow of business begins with the Purchases and Sales accounts, where purchases orders, quotes and invoices can be generated. Then the Inventory and Payments accounts are automatically populated with these data.

Accounts

Accounts are where your transactions are actually recorded. These are the accounts pre-defined in this template:

• 1.Purchases: Click on the + icon in the right sidebar to enter your purchases. You can enter the quantity and cost, and even attach a document. Then generate a purchase order to reflect the transaction in the Inventory and Payments accounts.

• 2.Sales: Group several items together using the Append record or Group menu actions. Then generate a quotation or an invoice to reflect this transaction in the Inventory and Payments accounts.

• 3.Inventory: This account is automatically populated from the Purchases and Sales accounts. However, you can always update it manually if necessary.

• 4.Payments: This account is automatically populated from the Purchases and Sales accounts. Here you can add the payments to providers and from customers when you make or receive them. Tick the checkbox to hide them when they have been verified on your bank account.

List of labels

Labels are used to easily classified transactions. Multiple lists can be used simultaneously at any time. These are the lists pre-defined in this template:

• Products: This is a dynamic list of the products or services you company buy and sell. Customize it as necessary by creating new products or modifying existing ones.

• Contacts: This is a dynamic list of providers, customers and leads. Customize it as necessary by creating new contacts or modifying existing ones.

• Concepts: This list describes the main concepts used in the Payments account. Customize it as necessary by creating new concepts or modifying existing ones.

Actions flows

Actions flows are powerful tools for transforming set of records into documents or into other records. These are the flows pre-defined in this template:

• Purchase order: Generate purchase orders and entries in the Inventory and Payments accounts based on records from the Purchases account. Default values, such as tax rate, can be personalized.

• Quotation: Generate quotations based on records from the Sales account. Default values, such as sales conditions, can be personalized.

• Invoice: Generate invoices and entries in the Inventory and Payments accounts based on records from the Sales account. Default values, such as such as tax rate or sales conditions, can be personalized.