Creating Bill

[racoro17]

Hi, 

I need some clarification with allocating account codes to bills. 

I have created a bill for a contractor and have clicked "create bill from in tray" 

Under the suppliers name, I don't know what account code I'm meant to allocate it to. Is the account code meant to be from the account I pay it from i.e. Business account? 

But then next to the description, will that then be allocated to the service provided? 

[Steven_M]

Hi @racoro17 

When creating a bill, whether it is from an In Tray document or Create bill, the user may be prompted to enter in an account. This account would be the account that you would like the value of that transactional line to go against. Generally, for a bill, it would be an expense account, however, if you are unsure its best to check with your accounting advisor. The bank account is impacted when you go to Create supplier payment and would be used as the bank account within that window.

You also mentioned Description, this would typically be a description of what you have purchased or what that transactional line is for. This description can be anything you would like but would normally be what is shown on the supplier's invoice (i.e. the document).