Accounting

[Former Member]

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

[Former Member · Accepted solution]

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

[helen_sun]

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

[former_member583013]

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

[Former Member]

my question is that i have create a journal entry for my cash paments and direct payments

[former_member583013]

Again my friend, I asked you which account did you Debit and which account did you credit.

If you have Debited your Bank Account no other additional steps are required

[Former Member]

my dear friend i m asking if i have to pay to my vendor direct than i have to pay through banking