Hi Group Does anyone know of a good accounting software for vista

Accounting Software for Vista
Hi friends, when you paying vendors, they often offer a 'term discount' if you pay within a certain period. My accounting software wants me to debit the entire amount to the expense account, and credit AP the amount after the discount, and credit the remainder to another account. Anyone know what type of account should be used for these discounts?
-- blueheaven
i like this place
blueheaven wrote:
Hi friends, when you paying vendors, they often offer a 'term discount' if you pay within a certain period. My accounting software wants me to debit the entire amount to the expense account, and credit AP the amount after the discount, and credit the remainder to another account. Anyone know what type of account should be used for these discounts?
This has nothing to do with Vista. You should ask your accountant this question.
Malke -- Elephant Boy Computers www.elephantboycomputers.com "Don't Panic!" MS-MVP Windows - Shell/User
How about Sales Discounts taken?
On Fri, 23 Nov 2007 04:59:21 -0600, blueheaven wrote:
Hi friends, when you paying vendors, they often offer a 'term discount' if you pay within a certain period. My accounting software wants me to debit the entire amount to the expense account, and credit AP the amount after the discount, and credit the remainder to another account. Anyone know what type of account should be used for these discounts?
blueheaven
Other Income > Discounts Received.
-- regards CL ''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''
"blueheaven" wrote:
Hi friends, when you paying vendors, they often offer a 'term discount' if you pay within a certain period. My accounting software wants me to debit the entire amount to the expense account, and credit AP the amount after the discount, and credit the remainder to another account. Anyone know what type of account should be used for these discounts?
-- blueheaven
i like this place
Windows Vista
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