Accounts Payable

1

I entered a Journal Entry debiting the expense accounts I required and crediting the A/P . However the A/P figure showed up under the Equity section under Suspense . The JE was in balance . Am I doing something wrong?

2

Accounts payable requires you to designate a purchase invoice number. Did you do that? If not, Manager can’t associate the transaction with the right supplier’s subaccount.

1 Like
3

You can’t “create” Accounts Payable transactions by using Journal, you must use Purchase Invoice. Journals can only be used to amend an existing Accounts Payable transaction

1 Like
4

To TuT and Brucanna : Thank you both for the reply .I shall set it up now as you say .