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Evo-ERP and DBA Classic >> Manufacturing >> PO's Paid with Credit Card
http://www.istechforum.com/YaBB.pl?num=1251229601

Message started by sunmfg on 08/25/09 at 12:46:41

Title: PO's Paid with Credit Card
Post by sunmfg on 08/25/09 at 12:46:41

I have issued a PO that will be paid w/credit card, and the purchase needs to be applied to a Work Order.

I already have a Liability G/L acct assigned for the credit card.

How do I properly enter this stuff so the cost of the purchase is charged to the work order?

Linda
Sun Manufacturing, Inc.

Title: Re: PO's Paid with Credit Card
Post by Lynn_Pantic on 08/26/09 at 08:14:31

See http://www.istechsupport.com/faq.php, Item #5 under accounting. You not only need to get the costs posted to the work order, you also need to maintain the AP Payment History that you paid the actual vendor and not just the credit card company.

The same approach can be used for voucher entries as well for non-PO purchases that you want to maintain vendor payment history. Use AP-B, manual check and use the credit card "Checking Account" to pay the vendor.