Purchase Sale

Mobiloan' s Purchase Sale feature allows you to efficiently record your business's administrative expenses.

Creating a Purchase Sale Transaction:

Access the Purchase Sale option within Mobiloan (specific instructions may vary depending on the application's layout).

A screen will appear prompting you to fill in details about your purchase or sale. This typically includes information like:

• Date Transaction - Capture the Date the Transaction was created (editable untill reconciled).

• Area

• Category - To ensure proper organization, it's crucial to have custom transaction categories set up beforehand. You can create these categories by navigating to Setup > Transactions.

• Description of the expense

• Amount

• Vatable Amount

• Supporting Documents

After entering the necessary details, submit the transaction. It will then be marked as pending during a day-end reconciliation process.

By effectively utilizing Mobiloan's Purchase Sale feature, you can maintain accurate and organized records of your business's expenses.