Invoice Settings

Here you can edit the default settings relating to invoicing.

Under common settings you can edit:

• Consultancy Item Code: This is used to allow integration with Xero accounting. The default is Consultancy. If you are using Xero for invoicing, you should ensure you align the Consultancy Item Code selection to the Item Code used in Xero. 
• Expense Item Code: This is used to allow integration with Xero accounting. The default is Expense. If you are using Xero for invoicing, you should ensure you align the Expense Item Code selection to the Item Code used in Xero. 
• Invoice Number Prefix: Topsail will automatically assign a unique invoice number to each Invoice created. The prefix to this number is defaulted to TOP-INV####. However you can choose to edit this prefix here if you require. 
• Invoice Number Offset: Topsail will start each invoice from #1 unless you specify here a different start number. 
• Default Consultancy VAT rate: You can edit the rate of VAT to be added to consultancy services. The default is 20% 
• Consultancy Time Rounding: This is the lowest possible block of time that can be billed in employee timesheets. The default is 15 minutes but this can be edited to your requirements here.
• Secret Confirmation Required: Checking this box will enable a security feature to be applied to your settings. When a user attempts to perform a non-reversible action the system will prompt a double check by asking for a security confirmation before proceeding with the action.
• Invoice Metadata: Here you can enter static data for your company such as VAT, Company Numbers and Bank Account Details which will appear on all Invoices created