Using Anglo Saxon Accounting
When create PI from PO by clicking Invoice button on PO the amount due is showing the tax amount and not the Untaxed (Net) amount + Taxed Amount.
When I bring up the bill Accounting>Purchases>Bill Payments and click Register Payment the dialog box pops up with the tax amount in the Payment Amount, if I overwrite with total invoice amount the payment difference field shows a minus amount to the value of the net amount. If I click keep open radio button and validate get warning message: Entries are not of the same account!.
If I try Mark Invoice as fully paid radio button a Post Difference In drop down box appears giving nominal account options.
What do I have to do to get the correct Amount Due value?
The journal postings to the Creditor, Interim and Purchase Tax accounts are correct for PI creation - has the contra posting to the Interim account been taken as payment?
Please try to give a substantial answer. If you wanted to comment on the question or answer, just use the commenting tool. Please remember that you can always revise your answers - no need to answer the same question twice. Also, please don't forget to vote - it really helps to select the best questions and answers!
About This Community
|Asked: 2/29/16, 10:08 AM|
|Seen: 607 times|
|Last updated: 2/29/16, 10:09 AM|