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Former Member
May 08, 2013 at 08:07 AM

Unpaid accounts in SBO

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Dear All

I have non-profit organisation who is using SBO 8.82 to manage the Financial and to control the revenue and expenses and all revenue are depends on membership fees of this org. and should be paid annually. we are using recurring posting

Accrual Process

debit : the member (Business Partner as customer)

Credit : revenue account (Liability account)

Payment

Debit : Bank account ( asset)

Credit : The member (Business Partner as customer)

but some member are paying later after closing the year where in this case the P/L statement is showing that the revenue on the statment but is actually is unpaid the I changed the configuration where I added new asset account called unearned income

Accrual Process

debit : the member (Business Partner as customer)

Credit : unearned income account (Asset account)

Payment

Debit : Bank account ( asset)

Credit : The member (Business Partner as customer)

my Question is

in case the payment done how to make the

Debit the revenue account (Liability account)

Credit unearned income account (Asset account)

my regards