I have query regarding prepayment on expenses like travel, accommodation etc. (i.e G/L Accounts)
I want to understand what the conditions would be for such a transaction and how to do a prepayment.
From what I have noticed if I capture the expense on A Purchase Invoice, the posting works, but I can not do a prepayment.
And when I do the PO method, I have the option for the Prepayment but I can not process the transaction due to Posting setup.
How do I approach these transactions a bit differently?
Want to understand the part where you mentioned that you could not process the transaction because of Posting group.
Basically you can do prepayment on PO even if for G/L Lines.
For the General Posting setup you need to define Purch. Prepayment account and that is mandatory.
With this setup you will be able to perform the prepayment for expenses as well.
Regards,
Dhiren.
Was this reply helpful?YesNo
Under review
Thank you for your reply! To ensure a great experience for everyone, your content is awaiting approval by our Community Managers. Please check back later.
400
Share
Report
All responses (
Answers (
