System allows users to create Journal Entry using Cash Advance Payment transaction. We can liquidate a cash advance payment in Posted status to a journal entry transaction.
Go to HUMAN RESOURCE (Menu) > Cash Advance Payment (Sub-menu)
Cash Advance Payment transactions that have been approved are allowed to be liquidated via Journal Entry.
On Cash Advance Payment page, search for Cash Advance Payment in Posted status or create a new one if no record is available.
Select from the search results the Cash Advance Payment in Posted status.
Once the record is loaded, click on the Liquidate button on the upper left side of the page.
Click Yes on popup confirmation page to open the Journal Entry page.
The Journal Entry page with the details from cash advance payment transaction is loaded. The Cash Advance Payment ID is displayed as Reference ID hyperlink value. The total amount paid from cash advance payment have corresponding debit and credit entries in the journal item table.
User may populate the optional fields. Click on Save and confirm to create new Journal Entry in Draft status and the Cash Advance Payment is populated with the Cash Advance Payment ID hyperlink where the record is exported from.
