Posting Accounts Receivable

When payment has not been received for goods or services the balance is recorded under Accounts Receivable.

1. Click the A/R Balance Tab on the End of Day Wizard Window

   

   *NOTE* The order by Darcy Albeck is only a ticket reservation while the order by Blaine Abel is on account and must be posted to the GL to balance.

2. To balance go to the Sales Entry Tab and click the Create Sales Entries Button

   

3. Enter the date up to which you would like to find sales

    

4. Click the OK Button  

   A summary of the items journalized will be displayed.

   

5. Click OK

   The items which were just journalized will be displayed under the Sales Entries Tab.

   

   Notice that we are now balanced but there is still $85.60 in unposted sales.

6. Return to the A/R Balance tab and click Post to GL under the A/R Balance Tab

   The unposted sales will be added to the A/R Balance in G/L and balance with the Patron A/R.

   

   Your GL should now be balanced, if however there is an imbalance Click Here. You may now print a variety of reports based on the new GL entries by using the Reports Tab. Click Here for more information on printing GL reports.