A Dummy's Guide to Sage One - Accounting for Money In

Step One

• This is the screen that will appear once you have opened your Sage One Start account.

• At the top right hand side of the screen there is a large red circle with a + sign in it, click on this

Step Two

• A box should then open, click on the ‘Money In’ option

Step Three

• This is the screen where you enter the transactions that go into your bank account

• You can select a Customer (or add a new one) in the ‘Contact’ section
• Select which bank account this receipt applies to by using the drop down under ‘Paid into Bank Account’
• The date received (if on cash accounting for VAT or are not VAT registered) is the date that this transaction entered your bank account
• The ‘Reference’ section could be used to enter your invoice number
• The ‘Category’ section is a drop down list of codes for you to select which is most relevant, sales is usually 4000
• The ‘Details’ section could be used to enter the description of your sales invoice
• If you are VAT registered, it should automatically calculate your VAT (make sure to select the correct rate)
• Click on ‘Save’ or ‘Save and Add Another’ and you are all done!
• You have now entered on your first money in transaction