Posting AR Invoices

Fund Accounting, Accounts Payable, Accounts Receivable, Payroll

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GaboroneBaptist
Posts: 17
Joined: Fri Aug 25, 2017 9:38 am

Posting AR Invoices

Post by GaboroneBaptist »

It seems that AR invoices are only posted to FA after they have been paid. Is there a way to post the invoice once it is generated, and then post the payment when it is made?
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NeilZ
Posts: 10215
Joined: Wed Oct 08, 2003 1:20 am
Location: Dexter NM
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Re: Posting AR Invoices

Post by NeilZ »

GaboroneBaptist wrote:It seems that AR invoices are only posted to FA after they have been paid. Is there a way to post the invoice once it is generated, and then post the payment when it is made?
No .. as Powerchurch is not based on accrual accounting, but is cash based. This is the way churches operate, income is only counted when the funds are actually donated or paid.
Neil Zampella

Using PC+ since 1999.
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