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
Scan / Input Bar Code for Stock Code
Viewed 100 times since Thu, Jan 2, 2025
Audit Pointers and Balances
Viewed 1907 times since Mon, Jul 2, 2012
Changes to File Locking on Save Aged Analysis
Viewed 1835 times since Tue, Jun 12, 2012
Aged Analysis - Debtor Memo and Transaction Notes to Excel
Viewed 11602 times since Fri, Jun 8, 2012
Sub-Contractor Accessory - Transaction Entry
Viewed 1818 times since Mon, Jul 2, 2012
Automatic Payments – Omit Exclusive File Locks
Viewed 34 times since Tue, Oct 15, 2024
Account Reports - Application User Facilities
Viewed 2277 times since Mon, Jul 2, 2012
Write Off Bad Debts
Viewed 1940 times since Mon, Jul 2, 2012
Customers / Suppliers
Viewed 1843 times since Fri, Jun 29, 2012
Include Currency Accounts in Auto-Payment Procedures
Viewed 1705 times since Fri, May 27, 2016