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Re: How to handle periodic cash reciepts vs. non-periodic accounts payable?
- Subject: Re: How to handle periodic cash reciepts vs. non-periodic accounts payable?
- From: David Tangye <..hidden..>
- Date: Tue, 26 Sep 2006 12:53:10 +1000
On Mon, 2006-09-25 at 18:57 -0700, Chris Travers wrote:
> It is
> probably better to create a liability account for tracking this.
> Check the AR checkbox, so that it appears in the AR dropdown menu.
> Then you can track the prepayments better.
Does he need a separate account just for the overpayment component? (I
hope not.)