Trade creditor journal

Trade creditor journal

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Hello

I am doing journals for a client so their closing balance agrees with our closing balance on the system.  I have to provide a list of journals to the client to correct their Sage.  I understand you cannot put a straight journal to client Sage Creditors Control Account.  There is one supplier with a missing invoice which we provide for the accounts.  Do I put £120.00 as the journal but ask the client to go into that particular supplier to create an invoice first before posting the rest of journals?  The closing profit & loss balance must agree.  Many thanks.

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By Craigie_Bhoy
19th Dec 2014 07:25

Amount of 120

will be included in your journal, but to a suspense code (for example 9999).

Ask the client to also post the invoice on the supplier account, and when they do, post the other side of the supplier invoice to the suspense account (9999).

This will correct the supplier account and the suspense account will come back to zeroo (one debit and one credit entry.

Job done

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By johngroganjga
19th Dec 2014 09:00

Yes but simpler to accrue it in the account to which the invoice will naturally be posted to in the normal course of events.

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