Profits

The Profits feature allows users to create and manage various profit entries, including setting profit names, types, rates, and tax settings.

Access The Profits Page

1. Log into the application using your credentials.

2. From the dashboard, navigate to Accounts in the side menu.

3. Select Profits from the dropdown list.

Create A New Profit Entry

To create a new Profit entry, follow these steps:

1. Click the Add button in the top-left corner of the Profits page to create a new profit entry.

2. On the "Create New Profit" page:

   • Enter the Profit Name in the "Enter profit name" field.

   • Select the Type of Profit from the dropdown menu.

   • Enter the Default Rate (%) in the "Enter default rate" field.

   • Toggle the "Apply withholding tax?" switch if applicable.

3. Click the Save button to create the profit entry.

4. Confirm the action by selecting “Yes, I want to proceed.”

Modify A Profit Entry

To modify an existing Profit entry:

1. In the Actions column, click the three vertical dots (⋮) next to the profit entry you wish to modify.

2. Select Modify from the dropdown menu.

3. Update the necessary Profit details.

4. Click Update to apply the changes.

5. Confirm the action by selecting “Yes, I want to proceed.”

Activate/Deactivate A Profit Entry

To activate or deactivate an existing Profit entry:

1. In the Actions column, click the three vertical dots (⋮) next to the profit entry you wish to activate or deactivate.

2. Select Activate or Deactivate from the dropdown menu.

3. Confirm the action by selecting “Yes, I want to proceed.”