Purchase Ledger - Flipbook - Page 125
Matching Invoices,
Credits and Payments
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 using the Cash Posting routine to carry out necessary housekeeping by matching existing
Invoices, Credit Notes and Payments on Account.
This is achieved by quoting the required supplier account and leaving the amount at zero, as there is no cash to
post. The only requirement is to match off existing transactions as necessary.
Matching Invoices, Credits and Payments on Account
01.02.005.04 – pwise – 01/06/06
Page 125 of 176
