When you purchase inventory, supplies, or services on credit, it is essential to record this transaction by posting an accounts payable journal entry. This process involves documenting the obligation to pay the supplier at a future date, ensuring that your financial records accurately reflect the outstanding liabilities. This feature ensures you maintain a clear and organized account of your business's financial commitments.
Navigate to: Accounting > Accounts Payable > Accounts Payable
Inside the Primary Grid:
- Filter/Sort the primary grid to locate the Accounts Payable record.
- Select the Payable by clicking on the corresponding line.
Within the Accounts Payable Screen:
- Click the
button in the Action Ribbon to open the Post A/P window. - Click the Journal dropdown and select the corresponding journal.
The journal with a journal type of “General Purchases” will default as the posting journal.
- Click the [Post] button
The Payable will contain a batch number as a hyperlink to the journal entry.
