The Document Lifecycle
1. Quotes (The Proposal)
The lifecycle typically begins with a Quote, your formal offer to a client.
- Drafting: Select a Client and add Products from your catalog. The system automatically pulls default unit prices.
- Issuing: Open the Print Preview and click Issue. The system generates a versioned PDF and attaches it to the record.
- Outcome:
- Draft: Initial state while preparing the quote.
- Sent: Updated automatically upon issuance.
- Accepted: Status changes once the Quote is converted into a Purchase Order.
2. Purchase Orders (The Commitment)
The Purchase Order (PO) represents a order received and initializes the Order Registry (CDX).
- Initiation: You can generate a PO in two ways:
- Convert from Quote: Automatically copies all line items and links the documents.
- Manual Add: Create a PO directly for a client when no formal quote was required.
- CDX Assignment: Upon saving, the system assigns a unique CDX Number. This number is the permanent anchor for the order's history and metrics.
- Outcome:
- Open: goods or services remain to be invoiced.
- Invoiced: All items have been billed, but payments are pending.
- Completed: All items are invoiced and all balances are settled.
3. Invoices (The Fulfillment)
Invoices represent the fulfillment of goods or services and the official request for payment.
- Fulfillment Selection: Select an active PO. The system automatically prefills the items and quantities remaining to be billed. You can edit these quantities for partial billing.
- Issuing: Like Quotes, clicking Issue in the preview generates a versioned PDF snapshot for the client.
- Outcome:
- Draft: Initial state while staging the shipment or billing.
- Open: The invoice has been issued and is awaiting payment.
- Completed: The balance has been paid or falls within the Invoice Threshold.
4. Payments (The Settlement)
Payments record the arrival of cash and "close the loop" on outstanding balances.
- Receipt Entry: Enter the amount received and select the payment type.
- Auto-Reconciliation:
- Invoice Link: Apply the payment to a specific invoice to reduce its balance.
- Prepayment: Leave the invoice field blank to record a deposit. This cash enters the Credit Pool for that specific order.
- Completion: If an invoice's remaining balance falls below the Invoice Threshold, the system automatically moves it to Completed and generates a System Write-off to reconcile the gap.
5. Expenses (Operational Spend)
Expenses track the costs incurred to run the business or fulfill specific orders.
- Record Cost: Select a Vendor and enter text descriptions for the items.
- Issuing: Open the Print Preview and click Issue to generate a professional PDF. This can be used as a formal Purchase Order for your vendors.
- Link to CDX: (Optional) Link the expense to a CDX Registry number. This enables "Order Costing" in your Order Histoty to track the exact profitability of a specific order.
- Outcome:
- Open: The cost is committed/ordered but not yet paid.
- Completed: The expense is fully settled.
6. Adjustments (Corrections)
Adjustments are single-entry records used for non-operational financial events.
- Manual Entry: Record items like Bank Interest (Gain) or Annual Fees (Loss).
- Balance Correction: Automatically created by the Payment Automation when an invoice is completed with a minor balance gap.