Ledger Maintenance
Last update:CCH Practice Management
Unallocating a receipt allocated to an incorrect invoice
This document outlines the steps to unallocate a receipt that has been incorrectly allocated to an invoice within the Sales Ledger system. It details the process starting from selecting the Sales Ledger Receipts option, marking the receipt as visible, selecting the incorrect receipt, and finalizing the unallocation by selecting an appropriate tax rate. Additionally, it provides links to related tasks concerning receipts and payments management.
CCH Practice Management
Unallocating an unallocated receipt with incorrect tax level
This document provides instructions for reallocating an unallocated cash receipt with an incorrect tax rate within the Sales Ledger. Users are guided through a series of steps: accessing the Sales Ledger Receipts, selecting the receipt, unallocating it, and choosing the correct tax level. It emphasizes the importance of correcting tax levels for accurate financial records. Additionally, it includes a related link for further assistance on unallocating receipts associated with incorrect invoices.
CCH Practice Management
Sales Ledger Receipts
The Sales Ledger window is a tool for managing debtor payments, producing receipts, making adjustments, and viewing client billing data. Key functions include entering receipts to reflect payments, applying adjustments for discounts, and accessing the aged ledger for client debts. It offers features like exporting data to Excel and the option to import receipts via CSV. The window includes buttons for posting, allocating, and reversing transactions, facilitating comprehensive financial management for client accounts.
CCH Practice Management
Reversing a receipt
This document provides guidance on how to reverse a receipt entry within a bookkeeping system. It outlines the steps to navigate to the Sales Ledger Receipts window, select and reverse a specific receipt. The reversal removes the transaction from the client's Ledger and is irreversible once completed. It also notes that receipts can only be reversed if the accounting period is open. Additional related topics for managing receipts and payments are included for further assistance.
CCH Practice Management
Reallocating a receipt against a client invoice
This document outlines the procedure for reallocating a receipt against a client invoice within a bookkeeping system. It details the conditions required for reallocation, such as the receipt and invoices being for the same client and within the same open tax period. Step-by-step instructions are provided, including navigation through menu options and the actions needed to correct incorrect allocations. Additionally, related links are offered for further assistance with receipts and payments management.
CCH Practice Management
Previewing the client Sales Ledger
This document outlines the steps to preview the Sales Ledger in the Client Assignment window by clicking on the Sales Ledger and then the Preview button, which opens the ledger in a Microsoft Word template. It also includes a related link for previewing a tax receipt.
CCH Practice Management
Exporting the client Sales Ledger to MS Excel
This document provides a step-by-step guide on how to export the Sales Ledger to MS Excel. Users are instructed to access the Sales Ledger from the Client > Assignment window, click the Spreadsheet icon, enter a file name, and confirm the action to load the ledger into an Excel worksheet. Additionally, it includes a link to related content on Sales Ledger Receipts for further reference.
CCH Practice Management
Entering unallocated receipts to a client
This document explains the process of entering unallocated receipts in a bookkeeping system. An unallocated receipt is a prepayment received from a client before an invoice is issued. The document details step-by-step instructions for recording these receipts, including accessing the Sales Ledger, selecting the client, inputting the receipt details (date, amount, and method), and posting the receipt. It also includes links to related topics, such as allocating receipts against invoices and reversing receipts.
CCH Practice Management
Entering a receipt against a client invoice
This document provides a step-by-step guide for entering a receipt against a client invoice in a sales ledger system. It outlines the process starting from navigating to the sales ledger receipts section, selecting the company and client, entering receipt details (date, number, description, and amount), and allocating the payment to the corresponding invoice. Key actions include posting the receipt and confirming the update. Related resources for additional tasks involving receipts and payments are also included for further reference.
CCH Practice Management
Allocating a receipt against more than one client invoice
This document outlines the process for allocating a single cheque payment to multiple client invoices within a sales ledger system. It details step-by-step instructions starting from navigating to the appropriate section in the system, selecting the relevant client and invoices, entering receipt details, and finally posting the receipt. The goal is to fully allocate the payment until no amount remains unallocated. Additionally, the document includes links to related resources for further guidance on handling receipts and payments.