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Accounts Receivable / Payable

Hi Mark
I have a VAT registered client whose financial year runs Sept-Aug (VAT is calculated when payments are received). I have been given the opening balances for this financial year from his accountant and there are balances for both Accounts Receivable & Payable. How do I record the payments made and received so that these opening amounts will eventually drill down to


Posted by Jennifer Webster on Mar 2, 2016 9:30 AM GMT