When I enter invoices and post them to the G/L, they are debiting the expense account and crediting "accounts payable". Then, when I pay them they are debiting "accounts payable" and crediting "cash". The problem is we are on a cash basis and by posting the invoices to the expense account, my g/l and financials are all wrong. Is there a way to get around this such as when the invoices post they post to a "dummy account" and then when they are paid, the dummy account is credited and the expense account is debited? Or, is there a way to print my g/l and financials on a cash basis not an accrual basis.

Thanks!!

Hi holquist,

Both Accpac Plus and Adagio accounting are configured to an accrual method of accounting, not by cash basis. Posting transactions in any sub-ledger program is pre-determined to go to ledger accounts as specified in the respective Company Profiles and other codes.

In the case of AP, what you described is how posting works for invoices and cash, and that setup cannot be modified. Posting invoices will always debit the account on the distribution and credit the accounts payable account. The same for cash postings. The financial report codes cannot be changed either.

If you wish to use an accrual-based system to do your cash accounting, you almost certainly would have to be creative in how you set up the ledger accounts. I'm guessing that what you want cannot be accomplished easily. What if you did all your invoices as 'Cash Invoices' via the cash batches.

Regards,