Q1. What is a bill receipt?
Bill receipts allow you to create a bill and a payment concurrently, saving time.
Create a bill receipt from the bills sub-tab or while reconciling a statement line. For more information on using invoice receipts during bank reconciliations, please see Bank Reconciliations
Q2. How is a bill receipt different from a regular bill?
A bill receipt is a short-form template to record a fully paid bill, meaning that payments have already been made for the bill. You will be asked to enter a payment alongside the bill.
This is different from a regular bill, where at the point of creation, there may not have been any payments made for the bill.
Q3. When and why would I use a bill receipt instead of a full bill?
If you just need a quick and easy record and reference to a bill that has already been settled, perhaps say offline, bill receipts are a quick way to bring this information into Jaz.
Q4. Can I track payments and view the status of a bill receipt?
Due to the nature of bill receipts, the bill that is created from a bill receipt would be marked with a Fully Paid status.
You can view the created bill under Bills > Active.
Open up the bill created from the bill receipt, and you will also be able to see any payments associated with the created bill.
Q5. Will using bill receipts affect my accounting on the platform?
No, it will not affect your accounting on Jaz. Bills and payments created from bill receipts are treated as normal bill and payment records and will have entries created in ledgers and other reports.