Add Option to Have more than 1 post date on 1 invoice

Currently there is no way to split a single invoice for more than one post date. This would be helpful for everyone who is accrual basis and have invoices that come in for multiple items that could cross fiscal periods

  • Molly Vincent
  • Jun 18 2021
  • Needs review
  • Attach files
  • Guest commented
    2 Jul, 2021 04:19pm

    This would be an absolute game-changer of an enhancement and would significantly alleviate a ton of work in excel spreadsheets handling prepaids and accruals. Ive been meaning to post this exact thing, and i hope they are listening to you. Literally if i could pick one enhancement it would be this.

    My solution for the "out-of-balance by period" issue that would arise is this: make a new control account that handles any inter-period accruals and have them occur on the back-end, similar to the way intercompany entries work. So if your regular AP account is 2000, the "Inter-period Accrual Clearing Account" might be 2001. That way, users just enter the date they want for each line item. In GL Distribution you assign a date to each row, and when the invoice is posted the Inter-Period entries happen for you.

  • Molly Vincent commented
    18 Jun, 2021 01:39pm

    This is common in other accounting systems like MIP