Accounts Receivable and Expenses
When I post an invoice to Accounts Receivable it is crediting my expenses. Anyone have issues with credited expenses??
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bR719CzSOr3PKzacfA8pyY
07/01/09 10:40pm PDT
Viewed by asker 07/03/09 8:09pm PDT
Viewed by asker 07/03/09 8:09pm PDT
2 Replies
Debbie
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Questions answered: 3713
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07/02/09 4:24am PDT
Best Answer - Chosen by the Community
Your items are set up incorrrectly. Open any Invoice showing the problem and type CTRL +Y. This brings up the debits and credits behind the scenes. It will show the it\ems used on this invoice and what accounts are involved. Edit those items pointing to the wrong accounts and point them to the right account.
Hope this helps! If so, please mark Solved. If not, just ask more questions. Thanks so much.
Debbie
Debra Kilsheimer
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Advanced Certified ProAdvisor
Behind the Scenes
Port Orange, FL 32127
Read about me by clicking: http://community.intuit.com/me...
Advanced Certified ProAdvisor
Behind the Scenes
Port Orange, FL 32127
07/02/09 7:48pm PDT
Latest post
After I hit CTRL+Y the transaction journal shows: a debit to A/R, a credit to the expense accounts that I picked up when I created the AR invoice, and a credit to Construction Income for the markup %. I don't get why it is even crediting the invoice expense items I chose to add to the AR invoice?? Once I am in CTRL+Y how do I change where items are pointed? When I double click on the account to change it just takes me to the created AR invoice? Thanks for your help!!!
