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Entry 17: Purchase Invoice with Approval (manual)

Example entry 'Manual Purchase Invoice with Approval' in the 'Purchase (manual)' journal following the actions 'Manual Purchase Invoice' and 'Approve Invoice'. Transaction type 15 Manual Purchase Invoice.

 

 

 

Manual: Purchase Invoice with Approval
   
 Transaction Type: 15 Manual Purchase Invoice
 Action: Manual Purchase Invoice
 Journal: Purchase (manual) (11)
 Note: Approval active
   
Seq.no. Description G/L Account Amount Type DC Transaction Subtype G/L Origin
1 Supplier C BV 1900 (Invoices to be approved) € 1,003.82 Debit 86 Goods Creditor Group
2 Supplier C BV 1820 (VAT to be received) € 210.80 Debit 17 VAT 1 VAT
3 Supplier C BV 1600 (Creditors) € 1,214.62 Credit 16 Invoice Creditor Group
   
   
 Transaction Type: 15 Manual Purchase Invoice
 Action: Approve Invoice
 Journal: Purchase (manual) (11)
 Note: Approval active
   
Seq.no. Description G/L Account Amount Type DC Transaction Subtype G/L Origin
1 Air 5014 (Gases + Rent) € 1,003.82 Debit 77 Material General Ledger
2 Supplier C BV 1900 (Invoices to be approved) € 1,003.82 Credit 86 Goods Creditor Group

 

 

Explanation

  • Transaction type = the journal entry resulting from the action has this transaction type.
  • Action = the action executed by the user.
  • Journal = the journal that is addressed.

 

Knowledge Center
Financial Entries Overview
How to Set Up Creditor Groups
How to Set Up VAT Codes
How to Manage General Ledger Accounts

 

 

vatmaterialgeneral ledger accountjournalfinancial transactiongeneral ledgermanual purchase invoiceapprove invoicedebit/creditcreditor grouptransaction typejournal entrytransaction subtypetransaction type 15 manual purchase invoicetransaction subtype 86 goodstransaction subtype 17 vat 1transaction subtype 16 invoicetransaction subtype 77 material