Chapter 3. Voucher
More on distribution Accounts
Accounts Receivable
When creating a receivable or payable voucher , the distribution account and its distribution percentage will be retrieved and calculated according to the Default Distribution set up in the A/R & A/P control account . The distribution amount is calculated by multiplying the base amount by the percentage assigned for the distribution account. You can always modify the default amount.
The sum of all distribution amounts must equal to the voucher base amount. However , if the sum of all distribution amounts is a positive number , the voucher base amount must be a negative number , and vice versa.
Accounts Payable Similar functions will be applied to the payable vouchers except that crediting and debiting are reversed in every aspect.
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