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Former Member

Accounting

After creating jounral entry(Manual),is the procedure for SAP B1 is complete or we should go to banking module.

Edited by: Krishna Gopal Krishna on Oct 6, 2008 9:40 AM

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    Former Member
    Oct 06, 2008 at 10:21 AM

    Hi Krishna

    I would not suggest using journals for creditor postings or even expenses. You can post an outgoing payment and select either vendor or account. Account type will let you post to expense account in the general ledger. The benefit of this method is the fact that you can specify the payment means, either check, cash, bank transfer or credit card.

    It is also better for bank reconciliation purposes and creates consistency in the way transactions are processed.

    Hope this helps

    Kind regards

    Peter Juby

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    Former Member
    Oct 06, 2008 at 07:46 AM

    A Manual JE is just a JE - it does not have to follow with a Banking Step. Depending on what JE you creating..you may want to add another step but the system as such does not need one.

    For me to understand what JE are you creating on which accounts and whats the purpose

    Suda

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  • Oct 06, 2008 at 07:51 AM

    Hi Krishna,

    I think this depends on your business scenarios.

    What is the JE for?(the accounts being affected in the JE)

    e.g.System allows you to pay JE in the payment window

    you could also reconcile JE in the Reconciliation Window.

    Best Regards

    Helen Sun

    Edited by: Helen Sun on Oct 6, 2008 3:51 PM

    Edited by: Helen Sun on Oct 6, 2008 3:53 PM

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