Purchases

Creditor purchases are used for capturing supplier invoices thus raising the Creditors Liability.  The transaction remains open and available for full editing until the form is activated.   The form is then notated as Closed and creditor transaction details and general ledger accounts are updated.

The General Ledger account numbers that are updated are listed in the Creditors Maintenance Ledger Accounts Tab, these accounts are updated from the Classification selected on the creditors header record and can be changed.

Steps

1.	Create a new purchase batch
2.	Select type of purchase - Normal or Template
3.	Tick required options; Auto Activate Group Other Ledgers Group CR Ledgers Auto Reapeat Account
4.	Type in a description for example; Stationery Expenses for May 2006
5.	Select the relevant Creditor and type in the invoice number and values
6.	Save and click Record and activate.  The form is then noted as

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