Hi All,
I want to create expenses transaction through General Ledger Journal with offset account Bank Payment…
My question is “Is it Possible to Generate a check for Bank payment in General Journal”… like what we do it in Account Payable & Accounts receivables…
What is the use of Account Receivables 'bank payment check option"…
Can we able to record customer receivables through check in our Bank account…
Please clarify…
Thx
Mansoor
Generate payment functionality is available only for AP and AR payment journal. Logically you pay check to vendor or customer (in case of penalty or customer has returned good). Generate payment is not supported in general journal.
In AR, generate payment feature is available and that is because for the cases where you pay to your customer via check. I cited example above.
For customer paying through check, you can select method of payment as check and enter check number in payment reference field.
Pranav…
Hello Pranav… Thanks for your swift reply…