As this year comes to a close, you are probably taking stock of the year that has nearly passed.  Did it go the way you imagined? Which great things have you achieved?

We’re sure you’ve done amazing things this year, and hope that the future holds much more in store for you and your business.

If you are going to continue doing your accounting with E-conomic in 2012 – and we definitely think you will – there is one thing you must remember: to create a new accounting year!

Perhaps you have already created one, after being prompted by the pop-up window that you have seen in your agreement in the last few weeks. But if you haven’t created one yet, you’ll need to do so before you can book anything in 2012.

Have a look in our E-copedia to learn more about how to create a new accounting year or read our other interesting articles.

• Procedures around the financial year end
• Create a new accounting year
• Change an accounting year
• How to correct an entry
• How to create an entry

Have a happy New Year and a lovely weekend!

Happy New Year from E-conomic!!

This welcomed enhancement will certainly save you time!

When processing customer or supplier payments, if a credit note has been taken with the payment you can now match this as a combined transaction when you process the payment, take a look at our e-copedia page:-

While you anxiously wait for the Christmas holidays to arrive so you can have some well deserved time to relax, do you also find that the excitement can be a little difficult to cope with?

If so, than you can distract yourself by having a look at your various customer or product lists, or your chart of account in E-conomic, and do some Christmas cleaning so your various lists are easier to manage.

It’s the perfect time to have your inactive customers, products or accounts barred, or perhaps even deleted?

If you have sold certain products and therefore booked customer invoices, or have booked in any given account, you are only able to bar these customers or accounts.  If you haven’t booked anything yet however, you can simply just delete them.

When you are done “cleaning up” your various lists, you will be delighted to find only the active customers or products in your lists, which will make it much easier to find exactly what you are looking for.

In our E-copedia you can read more about how to delete or bar customers, products and accounts in your E-conomic lists:

• Delete or bar customers
• Delete or bar products
• How to delete an account
• Show or hide barred customers
• Show or hide barred products

Have a very Merry Christmas and a wonderful weekend!

Christmas is getting closer and closer and perhaps at this point, your bank account could use a little attention, in terms of money?

One way of bringing in more money is making sure that your customers have paid what they owe you.  With E-conomic, you can send reminders to them, directly from your agreement, and let them know their invoice is still outstanding.

In order to send reminders, you have to be up to date with booking the payments you have already recieved, and you need to make sure that you have matched the payments with the invoices in question.

Once this is done, you can go into the “Sales” tab, choose the menu item “Reminder”, and start telling your customers that the time has come to pay their outstanding invoices.

You are able to send three reminders per invoice  from your agreement, and you can also decide wether you wish to add interest or a late fee when sending the reminder.

You can read more about how to send reminders in our E-copedia.

• Decide upon a reminder procedure
• How to find customers with outstanding invoices
• How to send a reminder 
• How to match invoices
• New terms of payment?

Have a Merry Christmas and a nice weekend

Due to popular demand we have decided to run online training sessions for various processes within our system. So, we are starting with an online training session this Wednesday 14th December at 3pm on how to perform a bank reconciliation in E-conomic either by importing your bank statement or entering the information manually.

If you would like to attend simply log in to our presentation page and Register for a presentation and select Bank Reconciliation, access details will be emailed direct to you. These online sessions are live, friendly and informal and give you the ability to ask questions and get answers straight away while seeing the process in action.
If you can’t attend but would like to find more information about Bank Reconciliation you can click on this link Bank Reconciliation which takes you to our Help, this will explain the process in full, in text and videos.

If you have a request for a specific part of functionality you would like more information on or to be part of our online training sessions just let us know and we can create one for that too !

Having booked your invoices and payments for your supplier or customer in your agreement, these entries are not necessarily matched, when you have booked them.

It’s important to match your entries, if you at a later date wish to send reminders, or see the correct amount due on your customers or suppliers.

You can do this very easily, if you just put in your supplier invoice number, in the invoice field when processing the payment.

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Alright – we know it’s only the 2. of December, but have you also discovered that Christmas is getting closer day by day?

Perhaps you would like to send a Christmas card or a Christmas newsletter to your customers or suppliers, and perhaps now is the perfect time. You can actually do that with a little effort by using your customer, or supplier lists in E-conomic.

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A new improvement to the E-conomic system, which will be released and delivered every day from December 1 to December 25!

At our login page you will find something really special to wake up to every day in December – ready for you to use, when you have logged into E-conomic.

Daily releases

When you go to the E-conomic login page, you will see an explanation of today’s new feature, with links to further information in our E-copedia.

Updates automatically available every day
As with all our system updates, you will find that the new functions and facilities are automatically available in your browser and you don’t need to install new software or pay for the updates.

On our website, you can see the full list of new features delivered in December, updated every day with the latest improvements.