This activity is used to enter direct cash payments. Direct cash payments are payment transactions which do not affect either the Accounts Receivable or the Accounts Payable ledgers (e.g. tax payments, refunds and transfers of money between cash accounts). For the direct cash payment one or several manual postings needs to be entered which can also support accounts and code parts of other companies. A tax code can be entered to calculate and post taxes.
To enter a direct cash payment:
Click New Transactions command button,
and Select Direct Cash Payment for the Payment Transaction
Type field in the New Payment Transactions page of
the Mixed Payment, in Mixed Payment page.
Enter the amount and Click
Next.
Then create a new record in Manual Postings Details section
with relevant information and click Finish.
To enter a direct cash payment with an account of another company, in the
Company field, enter the company which should be debited or credited
with the code string of the manual posting in Manual Postings Details
section.
To select planned non supplier payments for the direct cash payment:
Select one or more non supplier payments you want to include in the mixed
payment and click OK. A direct cash payment will be created for each
non supplier payment you selected.
To select planned non supplier payments of another company for the direct
cash payment: Enable the Multi-Company option in order to display
the planned non supplier payments of other companies when you populate the
Open Planned Non Supplier Payments assistant the next time,
or if you query in the assistant.
In order to perform this activity:
As a result of this activity, the direct cash payment amount will be included in the voucher created in the hold table once the mixed payment is approved. The direct cash payment amount including the tax amounts will be debited based on the posting rules defined for PP1 posting type. The payment amount excluding tax amounts will be posted to account(s) manually selected by you. The tax amounts calculated will be posted based on the posting rules defined for the posting types PP44, PP45, PP46 and PP47.
If the manual posting includes accounts of another company, the multi-company general payment and separate vouchers for each involved company will be created. The voucher will also include inter-company postings for the cash paying/receiving company and the affiliated company based on the posting rules defined for the posting types PP22 and PP23. If tax is included in the manual posting for another company, the tax is posted in the allocated company.