Just a query, why is it that both bill amounts and payment amounts in suppliers are -ve?

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Wendi
Wendi Member Posts: 14 ✭
edited February 2020 in Reckon Accounts (Desktop)

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  • Shane_6461899
    Shane_6461899 Reckon Staff Posts: 339 Reckon Staff
    edited February 2020
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    Hi Wendi,

    The bill credits accounts payable so its a negative to that account.  The payment credits your bank account so its a negative to that account.

    Look at the account shown against the bill, and the payment in the transaction listing in your supplier centre.  Accounts Payable for the bill, and your bank account for the payment.  To these accounts it is a credit (negative).  
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    Another place to look to see what a transaction is doing is the journal report for that transaction.  For your bills and payments (and other transactions) you will see a Journal button on the tool bar.  It will open a journal reporting showing exactly what is going on in that transaction which can be very helpful when trying to understand whats happening.
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    I hope this helps.
    Regards,
    Shane.

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