General Journals in Accounts Payable which cannot be offset

Hfinn · ‎May 13, 2021

Hi,

I have inherited a dataset which has open invoices on my accounts payable which actually have a corresponding payment which cannot be allocated.

Basically the previous user posted General Journals at the year end (multiple years) between an intercompany bank and the accounts payable, they selected the correct vendor and the money paid is sitting in the vendor balance but because it is showing as a general journal it cannot be offset.

Is there a way around this or do I have to create multiple bank payments for this and then delete the multiple general journals?

Rustler · ‎May 13, 2021

You can check to see if in pay bills, select a bill for a vendor you know has been paid via the journal entry, and see if that journal entry payment logged a credit that can be applied to the bill.

Some times that is the way it works, but usually you have to edit the payment and change the expense account to accounts payable, then apply the credit is log to the vendor bill. Then delete the journal entry

View solution in original post

Rustler · ‎May 13, 2021

You can check to see if in pay bills, select a bill for a vendor you know has been paid via the journal entry, and see if that journal entry payment logged a credit that can be applied to the bill.

Some times that is the way it works, but usually you have to edit the payment and change the expense account to accounts payable, then apply the credit is log to the vendor bill. Then delete the journal entry

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General Journals in Accounts Payable which cannot be offset

General Journals in Accounts Payable which cannot be offset

General Journals in Accounts Payable which cannot be offset

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