Saturday, April 18, 2009

AP Invoice Distributions

AP  Distributions  for an invoice to associate the total invoice amount with various expense or asset account.During approval Ap places hols on an invoice if the distribution toal does not equal the invoice total and prevents the  payment.

Types of Invoice Distributions

1.Item
Record  the amout a supplier charge for goods and sevices .
2.Tax
Record the sales or other tax amout due.
3.Freight
Record the amount a supplier charge for shiping and handling.
4.Miscellaneous
Records the amount for miscllaneous expenses on invoice.
5.Withholding
Records the amount of taxes withheld from an invoice.
6.Payment
Records the amount of a prepayment applied to an invoice.

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