Posting Previously Recorded Invoice Amounts

 

Expand/Collapse all Show/Hide All

Both Check Printing and Manual Check and Payment Entry allow you to pay invoices that are already recorded in Accounts Payable. When these invoices are paid, the general ledger posting depends on whether you are accounting for discounts lost or earned.

Expand/Collapse item  Example - Accounting for Discounts Earned

 

Expand/Collapse item  Example - Accounting for Discounts Lost

 

For more information, see Explanation of General Ledger Postings.


 

© Sage Group plc 2019. Privacy Policy | Copyright/Trademarks