Six Steps to Get Started
1. Set up your company information
Company Settings allows you to set up company information, upload your logo, select your VAT label, choose your accounting currency, enable multi currency and the assignment manager or pack units and edit other relevant information according to your needs.
Note: the working period is the time frame in which you allow any user to create any kind of transaction. The working period is not necessarily related to the fiscal year.
2. Set up your VAT rates or sales tax
In order to meet your local requirements in terms of taxes, you probably need to set up your VAT rates (outside the US) or sales tax (US)
For the VAT rates, please note that you need one for sales (collected) and one for purchase (paid)!
3. Import your products and services
Create your products or services either manually one by one in Sales - More - Products and Services - New Product or Service. You can also import them using the available templates.
Please note that you need to set your product to "Track inventory = YES", if you want your receiving and delivery notes to generate inventory movements!
4. Set up your customers
Create your customers either manually in Sales - Customers - New Customer or import them using the available templates
5. Set up your vendors
Create your vendors either manually in Purchasing - Vendors - New Vendor or import all vendors and their contacts using the available templates
6. Prepare your bank accounts
Create your bank account in Accounting either by connecting your bank or creating it in OneUp. Should you have multiple currencies, it is recommended to set up also Offset accounts to be able to receive payments in foreign currencies.