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Are There Restrictions On Making General Journal Entries To A/R and A/P Accounts?

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Yes, there are a few restrictions on making General Journal Entries to Accounts Receivable (A/R) and Accounts Payable (A/P) accounts. Normally, the preferred way to change the balance in an A/R or A/P account is by recording transactions, such as customer invoices or vendor bills. However, sometimes it’s more convenient to make a General Journal Entry.  […]

Do Deposits Appear In a Center, Such As the Customer Center?

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Deposits don’t appear in a Center, such as the Customer Center under normal circumstances. The 3 Centers (Customer, Vendor, and Employee) only include transactions where the transaction source matches the Name shown in the Center.  For a Deposit, a customer is not considered the transaction source.  Instead, it’s the target. Sources and targets are an […]

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