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Bank reconciliation ensures that the transactions recorded in SMURPS match those on your bank statement. Differences often occur because cheques or payments have not yet cleared. To reconcile a bank account: Open Bank Clearance and select the Bank Account an...

Use Payment Reconciliation to match unlinked payments and invoices. This tool is useful when payments are received or made without directly referencing an invoice. Steps: Go to Accounting → Accounts Receivable or Accounts Payable and open Match Payments with...

SMURPS provides a variety of reports to monitor financial health and ensure that your books remain accurate. The most common reports are summarised below. General Ledger The General Ledger report lists every transaction posted to each account and shows openin...

Order to Cash Order-to-Cash process flows from Sales Order → Delivery Note → Sales Invoice, with taxes automatically applied at the invoice stage using the Sales Tax master data. This ensures accurate tax calculation, posting to the correct accounts throughout...

Order to Cash 1. Click "Accounting" 2. Click "Sales and Service Tax Report MY" 3. Select Document Type 4. Select "From Date" - Start date of the SST reporting period, typically bi-monthly 5. Select "To Date" - End date of the SST reporting period, typicall...

Chart of Accounts The Chart of Accounts is like the backbone of your accounting system. It’s a list of all the accounts where money in your business is tracked what you earn, what you spend, and what you own. Every sale, purchase, or expense gets recorded into...

Tax Structure The main components that form the Taxes and Charges function in the system are the Tax Category and Item Tax Template. Tax Categories are used to define the different tax scenarios and can be assigned to a specific Customer, Supplier or Item ...