The Branch Financial settings screen includes several sections where you can customise different aspects of your Financial configuration.
To access your Branch Financial settings (with the appropriate permissions):
Click on your profile icon – the teal circle with your initials located at the top right of the page.
From the dropdown menu, scroll down and select Branch Settings | Financial settings
This will open the Branch Financial settings screen, which has three separate sub-tabs
This article will focus on Financial Defaults.
If you are looking for Terms and Conditions, check out the article here.
If you are looking for Footer Text, check out the article here.
The project-level Financial override options help article is here.
Include Invoiceable Attachments on Invoices
When enabled, Rave will include attachments when converting a Progress Payment Invoiceable to an Invoice, ensuring the documents flow through to Xero if connected.
Include Bill Attachments on Invoices
When enabled, Rave will include attachments when converting a Supplier Bill/Credit Note into a client Invoice/Credit Note, ensuring the documents flow through to Xero if connected.
Bills Total Cost updates Quantity
When enabled, changing a Bill line item's Total Cost updates Quantity. When disabled, it updates the Cost Price. There is also a Per Project override option under the project settings tab of each project.
Display Category Header on Invoice
When enabled, a checkbox will be shown when creating invoices to choose to display either Category headers or Category and Sub Category headers on the Invoice PDF and in Xero.
An example of choosing both Category and Sub Category Headers is below.
Defaults for Invoices, Progress Payments, Bills, Purchase Orders and Quotes
Default Accounts
When creating a financial document in Rave, if the account code is not entered, Rave will use the default branch code for that document.
Default Tax Codes
When creating a financial document in Rave, you can set the default tax type for each document type. The choice is No GST, 15% GST, Tax on Imports and Zero Rated
Default Tax Mode
When creating a financial document in Rave, you can set the default Document Tax type. The choice is Exclusive of Tax, Inclusive of Tax or No Tax.
Non-Chargeable Bills
When enabled a check box will appear on bills allowing them to be exlcuded from the charge up feature. This is for bills that are to be treated as business costs.
Quotes also have a default expiry date that you can preset from the quote drop-down section
Rounding
Default Rounding Account
Select a default account code for code rounding to
Default Line Item Rounding Method
Select a default number of decimal places that your rounding will display (2, 4 or 6)
Default Tax Rounding Method
Select a default method: either Per Line - Two decimal places or Per document total
Ready to Convert Badges
When enabled, this will display a red badge showing the number of documents awaiting conversion.
This is on the Purchase Order, Bills and Invoices Page
This is an example of the setting Enabled
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