post a bill to account payable, transaction balance is 0.00

Derek Atkins warlord at MIT.EDU
Mon Feb 23 11:26:49 EST 2009


Hi,

zhangweiwu at realss.com writes:

> Hello. I am trying to manage account payable. I made a bill that has
> only one invoice entry of 348$ (Online service as "expense account"),
> and I post it to the 'account payable' I created under liability.
>
> I expect to see the balance of "account payable" account change by 348
> and so does "online service" account under "expense" account. However a
> new transaction appear in "account payable" with balance of 0.00 and
> both accounts balance remain 0.00.
>
> What did I do wrong? Thanks in advance!

Check the currencies of everything, in particular the currency of
your Vendor and the currency of the A/P account.  This issue 
usually implies you have mismatched currencies.

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-derek

-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
       warlord at MIT.EDU                        PGP key available


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