Tutorial 17 - Source Documents
Sources define the documents, hard-copy or generated, from or through which accounting information is derived. To obtain a thorough overview, review the on-line Help on this topic. As indicated in the Help, most Source documents can be associated with a definition for its primary accounting purpose e.g. Purchase Invoices could be argued as always being a Credit to Accounts Payable, regardless of what was purchased or which Terms applied - even a C.O.D. (Cash On Delivery) is an Accounts Payable, just that it must be paid immediately.
In this Tutorial, we are setting up just a few basic Source Documents: |
![]() | JE | Journal Entry | Primary Account: none | Sign: Any | |
![]() | SINV | Sales Invoice | Primary Account: Prefix 1, GL 112 | Sign: + | |
![]() | PINV | Purchase Invoice | Primary Account: Prefix 1, GL 308 | Sign: - | |
![]() | CGC | Computer Generated Check | Primary Account: Prefix 1, GL 104 | Sign: - | |
![]() | DEP | Deposit | Primary Account: Prefix 1, GL 104 | Sign: + |
Accept the Type Actual default setting, but select Done when... Running total is zero and When done... Save only for all Source Documents shown above. |
1. | Launch the Sources application.![]() | |
Press the New button and enter the first Source Document (JE), then press the Save button.![]() |
The Prefix: *, GL: *, and $ Sign Any are the default settings i.e. any valid Prefix/GL combination (Debit or Credit) are acceptable. |
2. | Enter all remaining Source Documents. Just before pressing the Save button for the last Source Document (DEP), the Sources window should look like this: |
Go To |
![]() | Tutorial 18 - Transaction Templates - Common | |
![]() | Index |