cancel
Showing results for 
Search instead for 
Did you mean: 

Vendor Trail Balance

Former Member
0 Kudos

Does a vendor trail balance include the special Gl transcations as well like advances paid etc.

or should the vendor trail balance only include the normal vendor line items? what is correct? Thanks

Accepted Solutions (0)

Answers (3)

Answers (3)

former_member188028
Active Contributor
0 Kudos

Special GL transactions should display in a Trail Balance.

But these will appear in a different account not your vedor reconciliation account.

e.g. Normal postings to vendor appear under Trade payables account

But whenever you post special transactions, you select a special GL indicator, this will trigger another account Lets say Advances to Vendors account.

In the trail balance these two separate accounts will appear, though you have done all your transactions to one vendor.

Rgds

Murali. N

Former Member
0 Kudos

Hi,trail balance report should include special Gl transcations, only without down payment requests

atif_farooq
Active Contributor
0 Kudos

Dear:

Vendor trial balance should ideally include advances and securities posted with special GL indicator. For that in ledger or trial balance you can add column for special GL indicator so that down payment documents can easily be seen in trial balance. Vendor closing balance will automatically be adjusted against down payments made as is evidenced by FBL1N.

Regards