Events due to multiple losses and recoveries

From now on you will be able to have a clearer traceability of those losses and recoveries in your accounting accounts that are originated by events.

Remember that you can have this functionality from the Starter plan ;)

How to manage losses?

Here you will be able to register independently each of the losses produced by an event. Go to the events module and click on the "Losses" section.

How to add a loss?

On the upper right side you will find the "Create loss" button (you can add as many as you consider necessary), here you will have to enter the following fields:

• Posting date
• Posting time
• Amount

You can also optionally enter the following fields:

• Accounting account
• Description

After creating your loss click on the "Add" button and you will have the loss created.

How to edit and delete a loss?

To edit just select the pencil icon and you will be able to make the changes you consider necessary.

To delete a loss click on the trash can icon, if you are sure you will no longer need that record click on delete and you are done.

👀 Important:
The tool will automatically record the name of the reporter, the currency (determined by the organization itself), the date and time of the record. This information cannot be edited.

How to manage recoveries?

Here you will be able to register those recoveries that the organization has after an event. Go to the events module and click on the "Create recovery" section (you can add as many as you consider necessary).

How to create recoveries?

Here you will have to enter the following fields:

• Recovery date
• Posting time
• Type of recovery
• Amount

You may also optionally enter the following fields:

• Accounting account
• Description

After creating your recovery click on the "Add" button and that's all ;)

How to edit and delete a loss?

The same as for the loss record, you will have to select the pencil icon and you will be able to make the changes you consider necessary.

To delete a loss click on the trash can icon, if you are sure you will no longer need that record click on delete and that's it.

How to create accounting accounts?

Go to the settings icon at the top right of the tool (gear icon) and go to the "Accounting accounts" section. Here click on the "Create accounting account" button.

You will have two fields to fill in:

• Account Name
• Account number

When you have finished filling out these fields click on Save and the account will be created. You can add as many as you consider necessary.

How to edit or delete an account?

To edit any account you only need to click on the pencil icon and in case you want to delete an account you only need to click on the trash can icon.

How to change the currency?

Inside "Organization" you will find the "Currencies" section, here you will be able to select the currency in which all the events of your organization will be registered. To finish click on "Save changes".

Remember: if in the future you wish to change the currency in the tool, the conversion will NOT be calculated in your previous records.