QB Issue Resolution:

I showed how this is entered:

then I would need to make 2 entries:

1. To recognize payable to the supplier and

2. To recognize payable to the Revenue Authority

 

That is Splits on the One entry; it’s exactly what you are doing now on the JE = use more than one Line.

 

Please see my attachment for how a Bill creates the AP and has room for multiple lines; this would then be the Accrual that you want as AP “Ledger.”

 

If you are entering the Payment with the holdback. that will show as a transaction for that name = Vendor Transaction Listing, which is not a Ledger.

 

Check Expense, Credit Card Charge Expense, and Bills all have the exact same data input provisions.

 

Bill = AP, to be Paid Later as pay Bills.

 

Check = already came out of checking or cash on hand bank

 

Credit Card Expense = already put it on the card.

 

Use Positives for the Expense and a negative for Holdbacks, as liability to be paid out later, unless your program has the tax status function built into it that links to the Name, already. If so, this is Another Reason to stop using JE.

Resolution for Issue 'Supplier ledger journal entry' available: Yes (Solved).
Source: Intuit Community forum.

Supplier ledger journal entry: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.

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