I received a check from the water company for a meter deposit. The check deducts the last water billed. How do I post the check and credit the open account payable invoice for the last water bill?
I received a check from the water company for a meter deposit. The check deducts the last water billed. How do I post the check and credit the open account payable invoice for the last water bill?
One solution i have... You can received the deposit in cash management to a cash clearing account. Then you can enter a credit invoice in accounts payable for the deposit amount and credit same clearning account to wash. Then when you pay your water bill include the full bill and this credit invoice.. hope this works.
Thanks for your help
Not sure if its different in Sage100 but for Sage300CRE I have to create two separate transactions for a couple of reason:
1. the deposit transaction in CM module - need this item for my month-end bank reconciliation
2. and the credit invoice to pay against it in A/P
Not sure if its different in Sage100 but for Sage300CRE I have to create two separate transactions for a couple of reason:
1. the deposit transaction in CM module - need this item for my month-end bank reconciliation
2. and the credit invoice to pay against it in A/P
*Community Hub is the new name for Sage City