Navigate to Chart of Accounts: Access the chart of accounts section in Biztory
Add New Account: Click on "Add New" to create a new account entry
Fill in Details:
- Name: Enter "Rental" in the name column.
- Account Type: Choose "Other Income" from the account type options and key in the below details and save .
Navigate to Products: Go to the products section in Biztory.
Add New Product: Click on "Add New" to create a new product entry.
Fill in Product Details:
- Item Name: Enter "Rental" as the name of the product.
- Associated Account: Choose the chart of accounts you previously created for rental income.
- Untick Options:
- "I purchase this item from supplier": Ensure this option is unticked since it's a rental item and not purchased.
- "Track the quantity of this product": Untick this option if you don't need to track inventory quantity for rentals.
- Save: After entering all necessary details, save the new rental product entry.
- May create in Sales invoice and can print out the official receipt from there
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