Home » Categories » Solutions by Business Process » Finance » Sales and Purchase Ledgers

Cash Accounting and Forward Payments

Datafile Software

Cash Accounting and Forward Payments

If configured for cash accounting, where VAT is accounted for at the point of payment rather than invoice, then although you could enter forward transactions you could not allocate them. This restriction has now been lifted with regards to forward payment transactions; other forward transactions continue to be unavailable for allocation until after the period end.

Cash Book

Cashbook Receipt and Payment entry will also support the allocation of forward payment transactions.

Installation

No installation changes are required, this option will be available on update to Release 5.7 for non-Compact users (Compact users cannot enter forward transactions anyway).

Custom Fields
  • Release ID: 5.7
Attachments Attachments
There are no attachments for this article.
Related Articles RSS Feed
Customers / Suppliers
Viewed 1629 times since Fri, Jun 29, 2012
Account Aged Analysis - Database Profiles
Viewed 1569 times since Mon, Jul 2, 2012
Discount and Supplier Matrix Prevent Sale of Items to Selected Customers
Viewed 1902 times since Fri, May 20, 2016
Enter Payments
Viewed 1717 times since Mon, Jul 2, 2012
Credit Control Manager / Accounts On-Stop List
Viewed 2220 times since Mon, Jun 11, 2012
Group Account Credit Limit Checking Sales Ledger Only
Viewed 6597 times since Mon, Mar 2, 2020
Fax Printing - Document Design Manager
Viewed 2072 times since Mon, Jul 2, 2012
Additional Transaction Report Utilities
Viewed 1578 times since Mon, Jun 11, 2012
Credit Control Manager Apply Colour Highlighting Rules Sales Ledger
Viewed 1645 times since Fri, May 27, 2016
Validate Invoice Entry against Job Budgets (P/L only)
Viewed 1933 times since Wed, Jun 13, 2012