Creditor Journals

Creditor Journals



 Adjustments between ledger accounts and creditors are done using journals

How to process a creditors journal

  • Click on the "do an adjustment " button
  • Select the creditor account  and select " Continue"
  • Credit notes details that have been authorized for payment in the creditor account will be displayed.
  • You can make adjustments on this screen.
  • Date:  Select the date which you want to process the adjustment
  • Adjustment: Creditor Journal
  • Do journal against account/project: Select the General Ledger account
  • Account/project for the journal is: Indicate whether you want credit or debit the creditor account
  • Amount outstanding up to today:  Displays the amount of the credit note 
  • The total amount for correction: Insert that amount to adjust the account with
  • Amount due after journal: Displays the amount after the amount for correction in recorded
  • Reason for journal: Provide the reason why you posting this journal
  • Description: Enter the description

To preview a Creditor Journal

  • Select or search for the journal's processed, click on the radio button and then " preview" at the bottom

Please note creditors should be created before we can process journals.

© Copyright d6 group (Pty) Ltd
    • Related Articles

    • Creditor Invoices

      This function facilitates the capturing of invoices on supplier accounts. Captured invoices can be sent for approval or saved as a draft to be completed later. How to create an invoice Click on the "create an invoice " button Select the Creditor for ...
    • Creditor Payment Authorizations

      How to authorize a payment Click on the " create a payment authorization" button All credit notes transactions and supplier details will be displayed You can approve transaction per creditors by selecting the creditor account The screen will display ...
    • Creditor Accounts

      This function allows you to create accounts for the various suppliers of the school. This will facilitate the capturing of supplier transactions including invoices, credit notes and payments on this account. Please note that this is not the General ...
    • Debtor Journals

      Finances > Debtors > Journals Type <Ctrl> <F> to search for words in the article Adjustments refer to journals. Click on the "do a debtors journal" button and choose the type of adjustment you would like to do. This can be done by clicking on the ...
    • General Ledger Journals

      This function should only be used if you want to post between Ledger accounts and Projects, for example when you want to make corrections, change incorrect postings, or reallocate certain costs. How to create a journal Select the date that you want ...