nav[aria-label="Primary Navigation"] { padding: 0; & ul { list-style: none; width: 100%; display: flex; flex-direction: row; justify-content: start; align-items: start; gap: 30px; padding: 0; & li { margin: 0; } & ul li { list-style: none; } } }

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

Vee Schaper

Comments

Linda ABC

did you accidentally have it on Credit instead of Bill? Open up the bill and check just in the top left corner?

Vee Schaper

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

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

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

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

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

shazinoz2@bigpond.com

www.accounted4bs.com

Vee Schaper

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?

Reckon Accounts Hosted Announcements & Important Info

Check out the latest important info & announcements for Reckon Accounts Hosted

Button

View all Reckon software categories 🗃️

Each Reckon software has its own dedicated category on the Community. Click below to browse all categories.

Explore all categories