Progress Payment Invoice Received
What Should You Pay Attention to?
- If the "Accounting Transaction" box is not checked in the transaction category, the warning "No Accounting Transaction is Performed for the Transaction You Selected!" will be displayed on the invoice offset.
- If the invoice amount is 0, this warning will be displayed since no accounting transaction will be performed even if the "Accounting Transaction" box is selected in the transaction category selected for the invoice.
- The correct product must be selected. Otherwise, category sales cannot be reported.
- Seller must be selected. Otherwise, seller performances cannot be monitored.
- Payment Method must be entered. Otherwise, payment performances cannot be monitored.
- The 2nd currencies of the lines must be entered, otherwise a report cannot be received according to the transaction currencies.
From the "Transaction Type" section on the new registration screens of the Purchase Invoice, "Received Progress Invoice" is selected and after filling in the other necessary information, the transaction is completed. is recorded.
How are the accounting records of the received progress invoice created?
The productions/works etc. carried out by the contractor based on the received Progress Invoice. In return, the money he deserves is followed up. 350 Service Payments Account and 191 VAT to be Deducted accounts will be debited and 320 Current account will be credited.
VAT and the product will be debited and the concubine will be credited on the purchase invoice. If the project is selected, it will receive the accounting code from the project detail, not the product detail.
Invoices create accounting vouchers according to the criteria selected in the transaction category and the criteria selected in the document.
If the cash receipt box is checked in the invoice and the cash register is selected, a payment voucher will be created in addition to the resulting offset voucher.