Payment Terms code and Payment Method code from Standard General Journal

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Posted on by Y.Nakayama

Hi,

Is there a way to set Payment Terms code and Payment Method code in General Journal from Standard General Journal?

Because Payment Terms code and Payment Method code are not set in General Journal when Standard General Journal is used. After posting the General Journal line, those Payment Terms code and Payment Method codes are not set in Vendor Ledger Entries.

When users enter manually the values in General Journal directly, those codes are automatically set in General Journal, and after posting the line, those values are set in Vendor Ledger Entries.

Thank you!

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KTA 1,200 on at

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It should work. Have you any example?

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Y.Nakayama 63 on at

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Hi KTA,

Thanks for your reply.

Due Date isn't calculated and Payment Method isn't shown in Vendor Ledger Entries when the General Journal line got from Standard Journal is posted.

1) Standard Journal: Payment Terms: CM

2) Journal line from Get Standard Journal

3) Add the same below the 2) manually

4) Vendor Ledger Entries after posted

Did I miss something? If so, let me know.

Thank you.

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Dallefeld 211 User Group Leader on at

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Your first 3 screenshots are showing payment terms, the 4th shows that the payment terms were not used to calculate the due date. So it looks like the general journal is ignoring the payment terms.

Why not use purchase invoice and recurring purchase lines. This would insure that the payment terms and payment method from the vendor are used and posted to the vendor ledger.

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Y.Nakayama 63 on at

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Hi Dallefeld,

Thank you for your reply and work around.

Many vendors are set in Standard General Journal to purchase office supplies. As a requirement, users want to post many purchase records at once because the number of those supplies is not managed.

Let me think about purchase invoice with recurring purchase lines.

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Dallefeld 211 User Group Leader on at

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If you use recurring purchase lines and purchase invoices you get the desired functionality. STandard General Journals just do not do want you desire.

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