Sage 300

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How to post accrued revenue in Sage? - year end adjusting entry

Posted By Ciw2008 3 months ago

I am trying to make year end adjusting journal and post accrued Revenue but have very hard time to figure out how I can debit my revenue to account 1200 ( Account Receivable); the last one is not available in combobox of "Select Account"

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0 Jim Love 3 months ago

Most likely, account 1200 is your A/R control account, set so that only the Accounts Receivable subledger can post to that account. You want that, so that the account balance in the General Ledger always matches the A/R Aged Trial Balance. Either post your adjusting entry through Accounts Receivable or use a different G/L account.
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0 Jim Love 3 months ago

Most likely, account 1200 is your A/R control account, set so that only the Accounts Receivable subledger can post to that account. You want that, so that the account balance in the General Ledger always matches the A/R Aged Trial Balance. Either post your adjusting entry through Accounts Receivable or use a different G/L account.
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Sage 300

How to post accrued revenue in Sage? - year end adjusting entry

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