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Exact Financials   
 

Maintain: Financial entry: Purchase journal

[Finance: Ledger, Journal entry, Entry procedure, Purchase journal]

Year / Period

Indicate the financial year and period of the entry.

! If you want to retrieve an existing entry, enter the financial year, the period and the sequence number of the entry.

The period that you enter should comply with the period-date table created in [Finance: File, Company settings, Period/date table, Maintain period/date table].

Example

Period 1: 1 to 31 January

Period 2: 1 to 28 February

......

Period 12: 1 to 31 December

If a journal entry is made in perio    d 1, the entry date should be between 1 and 31 January. If you have entered 15 February as the entry date, then it is not a valid entry date if period-date checking is used.

The period number must not be higher than the number of last entry period entered in [Finance: File, Company settings, Financial preferences] on 'General' tab, and must not have been closed in [Finance: File, Financial control, Close/open periods].

Journal number

Select the journal in which you want to make entries.

Sequence number

Each entry has a fixed sequence number. If you post all entries in one period, the sequence number will be reset to 1.

Entry number

The next available entry number will be suggested automatically. It can be changed, unless the 'Block entry number' setting is enabled in [Finance: Ledger, Master data, Maintenance, Journals] for the journal concerned. You can add a description on the box next to the entry number for future reference.

General tab

Date

Enter a date as an entry date for this entry.

Creditor

Select the creditor who you are entering an invoice for. When you close the entry, the creditor's subsidiary ledger is updated immediately.

Invoice number (Creditor)

Enter the invoice number which is relevant to the selected creditor.

Amount

Enter the total invoice amount, inclusive of VAT.

Reversal entry

Enable this setting if you want to indicate that the entry is entered to correct previous entry which has been entered incorrectly. 

Amount blocked bank account

Enter the amount which is used to pay for the blocked amount on a separate bank account number.  This setting is only enabled when a blocked bank account has been defined for a particular creditor, so that the amount paid will be spilt and saved in both the normal bank account and the blocked bank account. 

Matrix for data entry

Click the 'Add' button to add an entry line or 'Delete' button to delete the created entry line.

G/L account

Select the general ledger account in which the amount in the entry line should be entered. Some accounts cannot be selected, for one of the following reasons:

Depending on the settings in [Finance: Ledger, Master data, Maintenance, General ledger accounts], you can now enter a cost center, cost unit and/or multi-dimensional entries.

If you enabled the setting 'Assets account' in [Finance: Ledger, Master data, Maintenance, General ledger accounts] for the account selected, you can register data for the new asset in a purchase journal.  The new asset will be registered in your asset accounting system.  The asset administrator has to complete this asset in [Assets: Master data, Maintenance, Assets, Assets].  

Description

Enter a description, if necessary   

VAT code

The VAT code which is linked to the selected general ledger account will be displayed by default. When entries are posted, the VAT amounts will be entered in the correct general ledger accounts.

Amount: FC

The amount you have to enter here depends on the VAT code selected. The VAT code may apply either to amounts excluding or including VAT.

VAT amount

Enter the amount chargeable for VAT.  This option is available only when you have selected a VAT code in 'VAT code' field.

Conditions tab

Payment condition

Select the predefined payment condition.  You can define new payment condition in [Finance: Tables, Maintenance, Payment conditions].

Payment reference

Enter a reference number / code for the payment.

Payment method

You can select the method on how the payment is made.  There are six options available : {Bank}, {Cash}, {Collection}, {Collection in installments}, {Giro}, {Giro collection}

Bank account

Select the bank account which is linked to the selected creditor. 

Due date

Enter a due date for this payment to be made.

Outstanding item: Blocked

Enable this setting if you want to block the outstanding item from being selected automatically when processing an automatic payment. 

Documents tab

Matrix for data entry

You can click the 'Add' button to link documents to the entry or 'Delete' button to delete the documents.

Category code: External

Select an external category of the document to be linked to the entry. You can create external categories in [System: Setup, Documents, External categories, Maintenance].

Description

Enter a description of the linked document, if required.

Path: Complete

Enter the full path or URL of the document. The path in the 'Fixed location' field on the 'General' tab in [System: Setup, Documents, External categories, Maintenance] if defined, will be filled in by default. Then you will only need to enter the remaining path.

See also:

[Finance: Ledger, Journal entry, Entry report]


Finance Manual > Contents > Making entries > Entering invoices for debtors and creditors > [Finance: Ledger, Journal entry, Entry procedure, Purchase journal]

     
 Main Category: Support Product Know How  Document Type: Online help main
 Category: On-line help files  Security  level: All - 0
 Sub category: Details  Document ID: 18.436.300
 Assortment:  Date: 09-01-2009
 Release:  Attachment:
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