Generate Accounting Entry of Direct A/P Transactions
Accounts payable journal entries can be issued manually, once the journal entry is generated, you may not:
Register a transaction with the date of the accounting entry.
Modify the entry, so in case of any error, you will have to correct from a journal entry (Mexico) or a transfer (Chile).
The possible causes for not being able to make the entry are:
There are debts (invoices) or transactions on debts (credit notes, debit notes, etc.) that are not updated.
The debts or transaction have some error, for example that the accounting record is not correct.
The journal entry of the day is already generated. Duplicate entries of the same day are not allowed.
The date does not correspond to the month open or in process.
Generation of Accounting Entry
To generate the accounts payable journal entry, perform the following steps:
Enter in: Administration (Back Office) → General Accounting → Generate Accounting Entry of Direct A/P Transactions
In the section Generate Accounting Entry of Accounts Payable transactions, enter the period (day) in which the accounting entry will be issued.
It is important to remember that in this application only the Accounting Entry is issued, the entry details are captured in the different applications of the Accounts Payable module (Register of Debts and Transactions) and it is in the updating process when the corresponding accounts are affected.Click on the Generate button.
Click on the Generate button (Day/Month/Year) to confirm the generation of the journal entries or on the Return button to not generate the journal entries or to modify the date for which the journal entry will be issued.
In the Generate Accounting Entry of Accounts Payable transactions, section, the number, date and amount of the accounting entry generated will be displayed. You can enter the journal entry by pressing the generated journal entry number.
Press the Back button to return to the Generate Accounting Entry of Accounts Payable transactions, section.The accounting entries generated can be found in Administration (Back Office) → General Accounting → Register of Accounting Entries.
Related Articles
Generate Accounting Entry of Banking Transactions
Bank accounting entries can be issued manually. Once they are generated, it will not be possible to: Register any transactions with the date of the accounting entry. Modify the entry, in case of any error you will have to correct it through an ...Generate Accounting Entry of Accounts Receivables Transactions
Accounts receivable journal entries can be issued automatically at the close of the day or manually. To generate the accounting entry(s) for accounts receivable transactions, perform the following steps: Go to: Administration (Back Office) → General ...General Accounting
The accounting register in Novohit allows the automatic or manual generation of accounting entries. The process of updating the corresponding accounting accounts allows the generation of accounting and financial analysis reports (Balance Sheet and ...Generate Accounting Entry of Inventory Departures
The accounting entries of the warehouse can be issued automatically. You must take into account that once the accounting entry has been generated; you will not be able to: Record any transactions with the date of the accounting entry. Modify the ...Register of Accounting Entries
In this application, you can enter, modify, delete, update, search and print the accounting entries for the open month and subsequent open months. Go to: Administration (Back Office) - General Accounting - Register of Accounting Entries The initial ...