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
E-Mail Settings - Document Design Manager
Viewed 2205 times since Mon, Jul 2, 2012
Provide for Bad Debts - Sales Ledger
Viewed 1698 times since Mon, Jul 2, 2012
Year End Reports
Viewed 1739 times since Mon, Jul 2, 2012
Update Saved Aged Analysis on Payment Entry (S/L only)
Viewed 1823 times since Wed, Jun 13, 2012
Authority Levels for Marking Accounts on Stop / Suspended
Viewed 1708 times since Fri, Jun 8, 2012
Credit Control Manager (S/L Only) - Utilities
Viewed 1851 times since Mon, Jul 2, 2012
Recall Standard Text
Viewed 1712 times since Mon, Jul 2, 2012
Email Statements – Include Transactions in Email Text
Viewed 1344 times since Wed, Jun 13, 2012
Reporting Defaults
Viewed 1988 times since Wed, Jun 13, 2012
Account Turnover - Database Profiles
Viewed 2115 times since Mon, Jul 2, 2012