The system automatically creates a single line item in the journal entry for every installment.
The payment wizard handles them as separate invoices and you can reconcile them separately.
The customer receivable aging report, vendor liability aging report, the cash flow report, and open line item list also treat them as a single invoice.
These line item all appear in the payment screen you can pay them one after the other.
The system adds the whole tax amount to the last installment or the system distribute the tax amount among all installment.
The system must assign the credit memo amount to the installment.
You can view but can't modify the installment number and division in the invoice.
You can distribute the credit amount equal to the installment.
You can distribute the credit amount to first but not to the last installment.
You post adjustment on the last day of the old period and enter any day of the new period as the reversal date.
You create the period-end reports based on the adjusted general ledger.
You reverse the adjustment posting with the reverse transactions.
You can mark journal entries made for your closing operation.
Every financial report template has exactly five levels
Level one to four consists of titles
The G/L account are located on the fifth level
The total of G/L account cannot be displayed on a higher level, You cannot make the higher titles invisible.
In the financial report template the profit and loss statements, the system cannot insert a subtotal on every level
Credit and vouchers
Payable to Vendors
AP and AR document
Transaction that are fully paid
Transaction that are not credited or reconciled.
Un-reconcilled/allocated payments on account
The system creates a recommendation report or a list of suggested payments.
You can accept but cannot reject the recommendation.
You can save the recommendation and proceed at a later date or you can execute the payments.
The button Non-Included transaction creates a list of all open items that could not be included in the payment.