Search HansaManuals.com HansaManuals Home >> Standard Accounts >> Purchase Invoices Previous Next Entire Chapter in Printable Form Search This text refers to program version 6.3 Nominal Ledger Transactions from Purchase Invoices When you approve and save a Purchase Invoice, a Nominal Ledger Transaction will be generated automatically if you have so determined in the Sub Systems setting in the Nominal Ledger. An example is illustrated below:The Purchase Accounts (also known as Cost Accounts) in the Nominal Ledger will record the levels of purchases of different types of Items. When you enter Purchase Invoices, you should enter a Purchase Account in each row (in the column marked 'Account'). Different rows can have different Purchase Accounts. In some instances a default Purchase Account will be placed in the Account field in the first row of a Purchase Invoice. This default will appear if you have specified a Cost Account on the 'Account' card of the Contact record for the Supplier. You might specify such a default for Suppliers of services (such as electricity or telephone services), whose Purchase Invoices are always posted to the same Account. For each row in an Invoice, the VAT Account will be taken from the specified VAT Code. This will be chosen as follows:
Once the Transaction has been generated, you can look at it straight away using the 'Open NL Transaction' function on the Operations drop-down menu. --- In this chapter:
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