By integrating Plannit and Avantage, companies benefit from simplified, more accurate and centralized management of their financial transactions, which not only saves time, but also improves compliance, control and financial analysis.
Step 1: Connect and configure Avantage
Create a new customer account in Avantage
Why create a customer account?
Avantage does not allow you to import journal entries into an account linked to a module, such as accounts receivable. It is therefore necessary to create a specific account for transactions coming from Plannit.
Open Avantage.
Go to the General Ledger / General Ledger Account Management menu.
Click on the + button to create a new account.
Enter the account number and name, e.g. “Plannit customer account”.
Click on the green check mark to confirm account creation.
Configuring Avantage in Plannit
In the Accounting section of your Plannit settings.
Open Plannit and go to the Accounting section of your settings.
Select Avantage from the list of options.
Enter GL account numbers for :
Sales (for invoice items).
Payments and refunds.
Click on Save.
Step 2: Register your corresponding ledger accounts for taxes
In Plannit, go to the Invoices section of your settings.
Enter GL accounts for taxes :
For each tax group (e.g. GST and QST), enter the corresponding Avantage account numbers:
GST :
Debit: #Plannit customer account created above
Credit: #Gl account associated with GST payable.
QST :
Debit: #Plannit customer account created above
Credit: #GL account for QST payable.
Click Save to save these settings.
Step 3: Link GL accounts for sales of products and services
In Plannit, access the list of Products and services section of your settings.
Configure accounts for each product
For each item in your catalog, associate the GL d'Avantage accounts:
Debit account: #Plannit customer account created above
Credit account: #Revenue account associated with each product.
Click on Save for each product or service.
Repeat this procedure for each item in your Products & Services catalog.
Important notes
New products:
Each time you add a new product or service to your catalog, you'll need to repeat this procedure to ensure that transactions are transferred correctly to Avantage.
Deleting products:
Rather than deleting a product, which could generate errors if transactions are still linked to it, it is preferable to mark the product as inactive or add a note indicating that it should no longer be used.