When you enter payments in a GL transaction batch, you need to dissect the payment amounts to the correct expense accounts in the General Ledger. You do this on the Expense Entry screen.
Refer to "GL Transactions - Payment Entry".
If you selected to add, insert or edit a dissection, Micronet displays the Expense Entry screen.
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Field |
Value |
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Account |
Enter the account to post the payment transaction to, or press Tab or Enter to select from a list of accounts. |
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T1, T2, T3, T4, T5 Account |
If T accounts are enabled in your system, select a T1, T2, T3, T4 and/or T5 account to be associated with the (debit) expense posting. If you enter an incorrect account, Micronet displays a list of all available T accounts. |
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Technical Tip If T accounts are enabled, you must select them when posting the debit side of payment transactions. If you don't select a T account, Micronet prompts you to enter one. |
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Description |
Micronet displays the description of the transaction. This can be edited for each account posting to include relevant information relating to that particular GL posting. |
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Amount |
Enter the amount of the expense entry transaction. If you enter an amount less than the Posting Amount, e.g. to dissect a payment among various accounts, Micronet displays the remaining unallocated amount of the expense. Continue to enter expense accounts until the entire amount is allocated. |
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BAS Flag |
Micronet displays the BAS flag entered against the selected expense account. However, you can change this if required to process the transaction with an alternative BAS section, e.g. to G14 - Acquisitions with No GST (i.e. GST free). |
Micronet saves the dissection and redisplays the Payment Entry screen showing all dissections for the payment.
