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Cash Accounting and Forward Payments |
Article Number: 329 | Rating: Unrated | Last Updated: Mon, Jun 19, 2023 at 4:37 PM
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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. InstallationNo 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). |
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