Well I feel its time to ask for help. I’m at my wits end trying to solve how to correctly apply Accounts Payable at end of financial year. This is what I have done. Created a purchase invoice dated prior to the end of the financial year, then in the NEW financial year have veiwed the invoce and created the New Payment. then when the invoice has been physically paid via the bank account have imported the bank account (which includes other payments and deposits unrelated to the previous year), then deleted the payment for the accounts payable amount, so as I can reconcile the bank account. But am unsure whether this is the correct way to handle things.
I am using accrual basis and version 20.5.11 of Manager.