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
Account Mandatory - Database Profiles
Viewed 2539 times since Mon, Jul 2, 2012
User Instructions
Viewed 4902 times since Fri, Jun 29, 2012
Include Payments within Currency Revaluations
Viewed 551 times since Thu, Oct 17, 2024
Save Statement Balance to Account / Transactions
Viewed 2336 times since Fri, Oct 26, 2012
System Profiles Screen 2 (excluding Compact)
Viewed 2390 times since Mon, Jul 2, 2012
Currency Options
Viewed 2505 times since Mon, Jul 2, 2012
Aged Analysis – Select to Age on Invoice or Due Date
Viewed 294 times since Wed, Oct 16, 2024
Lookup during Invoice Entry (P/L only)
Viewed 2248 times since Wed, Jun 13, 2012
Update Nominal Ledger
Viewed 2580 times since Mon, Jul 2, 2012
Audit Pointers and Balances
Viewed 2656 times since Mon, Jul 2, 2012