Enter Liabilities
- Amber Jones (Unlicensed)
Overview
The “Enter Liabilities” tab is where payments are entered to be paid through the A/P module. The main difference between this module and the Payroll module, is that payments made in this module will not be validated against an authorization. To make a payment out of this module, first set up the liability payment info and then add the transactions. If a transaction is added in error, simply remove the transaction that has the error.
Detail
To enter a liability to be paid:
Click Insert
Select the Vendor
Select the Bank Account
Set the Bill Date
Set the Due Date
Select the Type
Check - Paper Check
EFT - Electronic Funds Transfer - This must be set up in order to utilize.
Enter a Reference, if desired
Enter Comments, if desired
Click Save
To add a transaction:
Right Click in the bottom white space
Click Add
Select the applicable Program
Select the applicable Chart of Account
Enter a Reference, if desired
Enter total dollar amount to pay
Click Save
Repeat this process as many times as needed.
To remove a transaction:
Right Click in the bottom white space
Click Remove
A pop up box will appear
Click OK
Click Save
Repeat this process as many times as needed.