Tag: Accounts Receivable
Processing Pre-Payments in SMARTer Manager
Processing Pre-payments in SMARTer Manager
Method A:
1. Upon receipt of a prepayment, create a debit transaction in the checking account. Go to Accounting/Checkbooks/Checkbooks. Click on the Debits button and create a new debit. On the accounts distribution section, post the amount to your prepayments account. This will debit checking and credit the prepayments account.
2. Then create [...]
Posted: February 21st, 2009 under SMARTer Tips.
Tags: Accounts Receivable, prepayment
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