Receipt Entry - Expense Entry

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Receipt Entry - Expense Entry

When you enter receipt transactions in a standing journal template, you need to dissect the receipt amounts to the correct revenue accounts in the General Ledger. You do this on the Expense Entry screen.

Enter or maintain the receipt details.

Refer to "Standing Journal - Receipt Entry".

If you want to:

add a dissection, select the Add button
insert a dissection, select the line below where you want the dissection inserted then select the Insert button
delete a dissection, select the dissection then select the Delete button
edit a dissection, double click on a dissection or select a dissection then press Enter.

If you selected to add, insert or edit a dissection, Micronet displays the Expense Entry screen.

Complete the following fields:

	Field	Value
	Account	Enter the account to post the receipt transaction to, or press Tab or Enter to select from a list of accounts.
	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 (credit) revenue posting. If you enter an incorrect account, Micronet displays a list of all available T accounts.

Technical Tip

If T accounts are enabled, you must select them when posting the credit side of receipt transactions. If you don't select a T account, Micronet prompts you to enter one.

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.

Amount

Enter the amount of the receipt entry transaction.

If you enter an amount less than the Posting Amount, e.g. to dissect a receipt among various accounts, Micronet displays the remaining unallocated amount of the receipt. Continue to enter receipt accounts until the entire amount is allocated.

BAS Flag

Micronet displays the BAS flag entered against the selected receipt account. However, you can change this if required to process the transaction with an alternative BAS section, e.g. to G14- No GST.

Select the Accept button.

Micronet saves the dissection and redisplays the Receipt Entry screen showing all dissections for the receipt.

Continue processing the receipt.