Purchase Ledger - Flipbook - Page 119
Cash Posting on
Account
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:•
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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 posting cash payments on account. This is effectively unallocated cash and will sit as an
outstanding payment on the account which can be allocated at a future time within this routine.
Cash Posting on Account
01.02.005.03 – pwise – 01/06/06
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