Fixed amount to all debtors
TurboCASH4 provides this useful feature to generate transactions for those Debtor (customer / client) accounts, for which you need to charge a fixed amount.
When this fixed amount transactions is generated, and once the batch has been posted, the Debtor (customer / client) accounts will be increased (debited) and the selected contra account (e.g. income account) will also be increased (credited). |
To Generate multiple transactions for Fixed amount to all debtors:
1.Click on the Batch entry icon, or click on the Input → Batch entry (F2) menu.
2.Select the Batch type (except Payment and Receipt journals, which is linked to Bank accounts) and click on the Open button. The Batch entry transaction screen for the selected Batch type will be displayed.
3.Enter the Alias (batch name) in the "Change alias" field.
4.Click on the F10: Setup icon and select the Contra account. This is the account to be credited with the generated transactions. This account may be an Income or Sales account, or any other account you specify.
5.Click on the F9: Process icon. The Process the batch options screen is displayed.
6.Select the Generate multiple transactions option.
7.Select the Fixed amount to all debtors option. The screen will change to reflect the options:
8.Select and enter the following:
a)Date for transactions - Enter or select the date for which the transactions should be generated.
b)Contra account - Leave blank.
You need to select the contra account in the F10:Setup ("Options for this batch"). |
c)Description - Change "Description" with any description to suit your requirements.
The description must be useful to your debtors, since it will be displayed on Debtor statements. |
d)To debtors for (amount) - Enter the amount, which should be charged to all Debtor (customer / client) accounts or a selected Debtor (customer / client) account.
e)From debtor ... To - Select a specific Debtor (customer / client) account or a range of Debtor (customer / client) accounts from the Debtors lookup.
9.Click on the OK button. The Generate multiple transactions screen will automatically be closed, and the transactions for the selected Debtor (customer / client) accounts with the specified amounts, will be imported into the selected batch.