Chapter 3. Voucher
Settlement of A/R and A/P Vouchers
A control account transaction occurs when a customer invoice is settled.
A control account transaction is identified by specifying the transaction account as a control account which you have previously defined in [Application Setting].
There can only be one receivable control account transaction and one payable control account transaction per voucher.
The control account transaction allows the user to identify from whom and from which invoice the money is received.
Press [F2] form accounts receivable voucher settlement . Press [F3] for accounts payable voucher settlement.
The settlement of outstanding accounts payable (A/P) and accounts receivable (A/R) can be carried out in three ways:
1 by directly identifying each settlement transaction, press [F1]
2 by monthly settlement , press [F2]
3 by selection, press [F3]
Since the method to settle an A/R transaction and an A/P transaction is basically the same , we will use the A/P settlement as an example.
|
Print this page
