Finance Posting

ruth1985

Hi all,

Currently i use journal vouchers to post all transactions. How can i post a credit or cash transaction using invoices? Kindly explain in detail.

Regards,
Ruth

Deep

Credit transaction is default from an invoice/order.
You can post cash transaction from an invoice by using Payment methods, with balancing account numbers.

ruth1985

Hi Deep,

Kindly explain the 2nd part .

Rgdz,
Ruth

Deep

1. Create one payment method named "Cash" in payment methods.
2. Attach the balancing account type as G/L account and Balancing account No. as you cash account no.
3. Select the payment method over the invoice, or over the customer card (if always sold in cash to a customer).

Refer to the default Cronus database for more understanding.