Distribute Payment to Multiple GL Accounts

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3 comments

  • Bao Do

    Assuming you aren't applying it to a billing, instead of crediting unapplied cash just directly credit unearned revenue

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  • Alexander Koz

    Thank you for your response Bao. Would I use a journal entry to record that directly?

    To follow up on the use case, this would be an online order that a client would pay for right away, do I need to use Billing in this case or is there a better way?

    The reason why I ask, is that the Billing creates an AR entry first, which I don't really need.

    Thank you for your help!

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  • Bao Do

    If you don't need to split the cash payment to different deferred revenue/revenue accounts than just record it as a cash receipt and set the credit gl account to deferred revenue/revenue.

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