Multiple accounts when setting up purchases

Question

How to journalize purchase bills where the credit goes to different acctounts. Example : creditor's account / accrued expenses account.

Genreve_S · Answer

Hi @GaminiJames,

Creating transactions will allocate amounts to the ledger based on the linked accounts set. Creating purchase invoices generally creates the amount for the trade creditors, as this is the default account for purchases.

I recommend reading through this link for more information about how the software handles accounts.

Thanks,
Genreve