Just getting books up to date for self assessment, and have noticed that recurring entries while they are processed, do not appear in my activity for those suppliers. Do I have to manually post them in? Thanks in advance
-- Edited by Happy Brewer on Tuesday 17th of December 2013 02:41:29 PM
Do you have an invoice posted on the supplier account and Supplier payment on account set up as a recurring entry to pay against the invoice? And the recurring entries have definitely been posted? Double check the dates you are using to post the entries and the dates you are using to run the activity reports.
sorry, very much a novice at book keeping. It looks like i wrongly assumed that when i processed the recurring entries, it would also post invoices to supplier account. Do i need to manually post them? Activity report covers entire year so there should not be problem with processing dates.
To be honest, I think recurring entries are more trouble than they are worth, especialy bank entries. It is far easier to enter payments as and when paid, so you know exactly where you are up to
Yes you will need to manually post invoices through the Supplier module. Supplier - Invoice. Then when you make payments I would, as Chris suggested, just make a payment from the Bank - Supplier payment function. It is easier that way, otherwise when the recurring entries are posted you are left with having to go back into the Supplier module and match up the payments on account with the invoice they relate to. It is entirely up to you though, if you have a direct debit or standing order set up then recurring entries may be the way to go.
