The Book-keepers Forum (BKF)
The Book-keepers Forum (UK) -> General Book-keeping & Accounting -> Write off incomplete purchase order
Post Info TOPIC: Write off incomplete purchase order
Crina251075


Veteran Member

Status: Offline
Posts: 25
Date:
Write off incomplete purchase order
Permalink Closed

HI All,

I use Sage 200 and I tried to write off the incomplete purchase order, which led the writing off transactions ended up in the Suspense account. I had to reverse the transactions in suspense account.

The write off process is from: purchase order processing/POP maintenance/Write off incomplete orders. As above result happened, I assume the write off process is not correct.

Can anyone tell me the correct way of write off the incomplete purchase order?

many thanks,

Crina



__________________
Cheshire


Master Book-keeper

Status: Offline
Posts: 8646
Date:
Permalink Closed

Hi Crina
Never used this facility/Sage 200, but I found this - do they help? (as always - take a backup before you try)

support.sage.co.uk/help/sage200/Content/POP/WriteOffIncompleteOrdersForm.htm

support.sage.co.uk/help/sage200/Content/POP/Cancel_a_purchase_order.htm



-- Edited by Cheshire on Monday 6th of July 2015 05:37:35 PM

__________________

 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position
Crina251075


Veteran Member

Status: Offline
Posts: 25
Date:
Permalink Closed

Hi Cheshire,

I tried the way you suggested and used account "Write off stock " as offset, but I still end up reversing the transactions went into it. no 

For my understanding, when the purchase order is placed, there shouldn't have any transaction happened in nominal ledger, therefore, when we write the order off, there shouldn't need any account as offset account. Do I understand correctly?

Regards,

Crina



__________________
Cheshire


Master Book-keeper

Status: Offline
Posts: 8646
Date:
Permalink Closed

Hi Crina
Sorry wasnt ignoring you - Ive just never used it before so dont know. Bumped your query - looking for one of the other sage bods.

__________________

 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.
The Book-keepers Forum (UK) -> General Book-keeping & Accounting -> Write off incomplete purchase order
Tweet this page Post to Digg Post to Del.icio.us
Members Login
Username 
 
Password 
    Remember Me  
©2007-2024 The Book-keepers Forum (BKF). All Rights Reserved. The Book-keepers Forum (BKF) is a trading division of Bookcert Ltd. Registered in England Company Number 05782923. 2 Laurel House, 1 Station Rd, Worle, Weston-super-Mare, North Somerset, BS22 6AR, United Kingdom. The Book-keepers Forum and BKF are trademarks of Bookcert Ltd. This forum is a discussion forum only. There will usually be more than one opinion to any question and any posting should not be viewed as a definitive solution. No responsibility for loss occasioned to any person acting or refraining from action as a result of any posting on this site is accepted by the contributors or The Book-keepers Forum. In all cases, appropriate professional advice should be sought before making a decision. We reserve the right to remove any postings which are offensive, libellous, self-promoting or engaged in covert marketing. We will not notify users of removals. The views expressed in the forum posts are those of the individual and do not necessary reflect or agree with those of The Book-keepers Forum. Any offensive or unsuitable posts will be removed by the moderators. Any reader of this forum can request for a post to be looked into by sending an email to: bookcertltd@gmail.com.

Privacy & Cookie Policy  About