Purchase Ledger - Flipbook - Page 113
Cash Posting with
Discount and/or Write
Off
Introduction
The Cash Posting & Allocation function caters for a wide variety of transactions, including the posting of supplier
payments.
The following is a comprehensive list of the transactions and activities that can be processed through this
function:•
•
•
•
•
•
Supplier payments
Refunds
Cancelled cheques
Payments on account/unallocated cash
Matching of payments/invoices/credit notes
Discount and Write offs
There are three tabs, Header, Allocations and Post on account. All the necessary allocations, maintenance and
corrections can be carried out using these tabs to ensure the accuracy of the account detail.
This process looks at payments that include discount or write off postings to complete the update and leave the
account details as required.
Cash Posting with Discount and/or Write Off
01.02.005.02 – pwise – 01/06/06
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