Results 1 to 3 of 3

Thread: PASTEL - capturing customer and supplier take-on details

Hybrid View

Previous Post Previous Post   Next Post Next Post
  1. #1
    Junior Member
    Join Date
    Mar 2016
    Location
    Johannesburg
    Posts
    12
    Thanks
    2
    Thanked 0 Times in 0 Posts

    PASTEL - capturing customer and supplier take-on details

    Hello all,

    When processing journals to take on the supplier or customer details, what do we do with the supplier or customer age analysis? Do we ignore it and just focus on processing the detailed balances?

    Thanks in advance for your help.

  2. #2
    Diamond Member Neville Bailey's Avatar
    Join Date
    Nov 2010
    Location
    Westville, Durban
    Posts
    2,760
    Thanks
    44
    Thanked 451 Times in 396 Posts
    It depends on whether you want to take on the balances with their ageing or not.

    If you are not worried about the ageing of the opening balances, then simply capture a single line item, for each account, at the take-on date.

    However, if want the opening balances to be aged, then you will need to split the opening balances, per account, into various line items, each line being allocated to the relevant financial period prior to the take-on date. Make sure that you use unique references for each line in the journal, otherwise your ageing will not work out.
    Neville Bailey - Sage Pastel Accounting Consultant
    www.accountingsoftwaresupport.co.za
    neville@accountingsoftwaresupport.co.za
    IronTree Online Solutions

    "Give every person more in use value than you take from them in cash value."
    WALLACE WATTLES (1860-1911)

  3. #3
    Junior Member
    Join Date
    Mar 2016
    Location
    Johannesburg
    Posts
    12
    Thanks
    2
    Thanked 0 Times in 0 Posts
    Thank you very much Neville.

Similar Threads

  1. Replies: 6
    Last Post: 04-Feb-16, 09:42 AM
  2. Replies: 2
    Last Post: 09-Oct-15, 07:51 AM
  3. Replies: 2
    Last Post: 03-Nov-14, 08:43 AM
  4. [Question] Pastel Partner: Printing customer/ supplier invoice on paper or pdf
    By VKus in forum Accounting Forum
    Replies: 3
    Last Post: 05-Mar-13, 05:48 PM
  5. Pastel Capturing Errors
    By Elijah in forum Accounting Forum
    Replies: 4
    Last Post: 21-Feb-13, 08:04 AM

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •