Is it possible/how can I create an item to use on a sales invoice linked to a liability account (Deposit Held)
When generating an invoice its great to use sales items as you predefine the description etc. Can you set up an item linked to an asset account (can only see P&L items)
You can but if you’re VAT registered you then need to make a manual adjustment to your box 6 as the full (net) total of all sales invoices gets counted there by default, not just the lines that actually represent sales.
Hi thanks for the reply, I am aware you can put asset/liability items direct into an invoice. Ideally I need to know if you can set up a item (like a sales item)? It would be helpful if I can because I could set up a description which is entered every time you select an item,