Search HansaManuals.com HansaManuals Home >> Discontinued Products >> HansaWorld FirstOffice Professional >> Accounting Principles >> Transaction Records Anterior Siguiente Capítulo Completo en versión p/Impresión Buscar Este texto se hace referencia a la versión del programa 4.3 Transactions in FirstOffice - Payments A Payment is the Purchase Ledger equivalent of a Receipt: it is the transaction that occurs when you pay a supplier's Purchase Invoice. In the Nominal Ledger, the raising of a Payment debits the Creditor Account and credits the Bank or Cash Account. You will usually record Payments in the Purchase Ledger, where you will allocate them to the appropriate Invoice(s), and the consequences in the Nominal Ledger will be handled automatically. Normally, a Payment will generate a Nominal Ledger Transaction like this:Creditor Control Account If the Payment is not made against a specific Purchase Invoice (i.e. it is an "On Account" Payment), the On Account A/C entered in the Account Usage P/L setting will be debited. Bank or Cash Account If any of the Account Numbers refers to a non-existent Account, FirstOffice, in attempting to generate the Nominal Ledger Transaction, will display the error message: "Transaction could not be generated. Check settings". Anterior Siguiente Arriba Capítulo Completo en versión p/Impresión |