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Forum Post: RE: AP Accrual

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Nela,

1)  You need to pass following Journal Entry In Transaction-->Financial-->General.

Expenses A/c Dr      $$$

 To Expense Clearing A/c (PO Clearing A/c)    $$$.

This way you will Accured your expenses.

2)   When you are ready to make Invoice for FedEx make sure you will change A/c in Distributions screen

Expense Clearing A/c Dr     $$$

  To Accounts Payable                   $$$

3)   On Payment you don't have to make any changes but it entry will be

Accounts Payable A/c Dr     $$$

   To Cash/Bank A/c                          $$$$


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