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.

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