What is the difference between transaction entry and parables entry?

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Posted on by Renee Demmler

I was reading Victoria's suggestion on setting up Credit cards and paying bills with them. I noticed she used transaction apposed to Payable batch entry. What is the difference and will it work the same in either section?

Thanks in advance for your time.

Renee'

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Richard Wheeler 75,848 Moderator on at

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RE: What is the difference between transaction entry and parables entry?

That is entirely up to you. Personally I prefer to almost never to perform transactional posting. There is no way to print an edit list first before posting. Some companies have people who enter transactions and then other people who review edit lists and then post. This allows for separation of duties.
Renee Demmler 63 on at

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RE: What is the difference between transaction entry and parables entry?

Why would you use this vs the transactions entry? Less transactions? Is the transactions posted just like the Payables batches?
Richard Wheeler 75,848 Moderator on at

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RE: What is the difference between transaction entry and parables entry?

Payables batches are a collection of payables transactions. So you enter payables transactions into payables batches. This allows you to group the transactions and print edit lists of the batches to review the transactions within each batch.
Renee Demmler 63 on at

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RE: What is the difference between transaction entry and parables entry?

When entering payables, what is the difference between using the transaction entry or Payables batch entry?
MacarieTech 147 on at

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RE: What is the difference between transaction entry and parables entry?

Hello Renne,

Your question is not clear. What issue you are facing in GP?

Thanks much

Support Team