i have entered a suppliers invoice with all correct coding, it is coming up in pay bills window as a

Vee Schaper
Vee Schaper Member Posts: 13
edited June 2020 in Accounts Hosted

Comments

  • Linda ABC
    Linda ABC Accredited Partner Posts: 1,131 Accredited Partner Accredited Partner
    edited June 2020
    did you accidentally have it on Credit instead of Bill?  Open up the bill and check just in the top left corner?
  • Vee Schaper
    Vee Schaper Member Posts: 13
    edited March 2020
    No i checked that too.
    But i just did a search and it seems that you can't have a negative amount as a credit on a bill. it needs to be applied separately. It sends the whole bill in a negative. Grrrr. 
    Thank you for replying.
  • Linda ABC
    Linda ABC Accredited Partner Posts: 1,131 Accredited Partner Accredited Partner
    edited June 2020
    certainly that happens if the tax codes are different - you cant have negative tax on a bill...  so yes, enter a Bill and a Bill Credit - then it should all work fine.

  • Bruce
    Bruce Member Posts: 439 Professional Partner Professional Partner
    edited June 2020
    you can have a negative line on a bill, but if you have a negative total then you must process it as a credit.   The same is true in reverse
  • Bruce
    Bruce Member Posts: 439 Professional Partner Professional Partner
    edited March 2020
    I'm pretty sure you can have negative tax on a bill (NCG or NCF) but I don't think can have the GST code on a bill because it isn't associated with purchases only sales
  • Acctd4
    Acctd4 Accredited Partner Posts: 3,315 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
    edited March 2020

    Hi Vee

     

    Bruce is correct - You can have negative lines on a bill as long as the final total still results in a payable (eg a “Bill”)

    If the bill is actually a Credit Note (or results in a credit amount), just enter the reverse on a “Credit”

     

    eg If the bill is for $ 100 + GST less $ 110 + GST (so overall result = $ 10 + GST Credit):

     

    Supplies     NCG     -$ 100     -$ 10

    Supplies     NCG      $ 110       $ 11

     

    This will correctly create the Credit of $ 11 ($ 10 + GST) in your A/P (Pay Bills)

     

     

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    Reckon Accredited Professional Partner Bookkeeper / Registered BAS Agent (No: 92314 015)

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    0422 886 003

    [email protected]

    www.accounted4bs.com


    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    *** Reckon Accredited Partner (AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! ***

    * Regd BAS Agent (No: 92314 015)* ICB-Certified Bookkeeper* Snr Seasonal Tax Consultant since 2003 *

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    [email protected]

    https://accounted4.com.au

    (NB: Please give my post a Like or mark as Accepted Answer if I have been able to resolve your query as this helps others when seeking solutions!)
  • Vee Schaper
    Vee Schaper Member Posts: 13
    edited April 2020
    The Bill is from Motorpass / PUMA. We get a Discount on the bill as we receive discount of .50c for every dollar we spend on Diesel. I enter the amount in the Bill, then enter the discount in as a negative.
    It made the whole bill a negative figure. Do i code this discount to the income account? what is the best way to reflect this in the bill?