• From: South Africa, Emalahleni
  • Registered: 03/30/2024
  • Posts: 2

Topic: Supplier Payment - FA version 2.4.17

Hi,
Thanks to FA team for this awesome software - really easy to set up with a nice and clean interface. smile

I'm a newbie to FA and just installed version 2.4.17 on Debian 12.
I've tried two different sets of COA's - British and South African. (no customisation of FA)
(I'm not an accountant - just a tech trying to set up an Accounting system for my SMB) smile
My question is:
What am I not setting up correctly in FA for the following to occur:
Accounts Payable:
I place order with supplier, receive the items, process supplier invoice and finally do bank payment.
Instead of payment being deducted from bank, it is added.
Accounts Receivable:
Process customer quote, sales order, delivery, invoice and finally customer payment.
Instead of money "added to the bank", the customer's payment is deducted.

No changes made to the COA's - only a journal to add money to the bank, added stock item, client and supplier.

Thanks a million for any advice/assistance offered.

  • From: India, TN, Karur
  • Registered: 05/16/2014
  • Posts: 1,195

Re: Supplier Payment - FA version 2.4.17

Looks the COA is not good. Try with new company and this time use default FA coa with  or without demo data and than try the same scenario.  If that worked.

You can decide it's COA error.  Give it a try by creating a new company for default COA

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  • From: South Africa, Emalahleni
  • Registered: 03/30/2024
  • Posts: 2

Re: Supplier Payment - FA version 2.4.17

Hi,
Thanks for the prompt response/feedback.
I'll try your suggestion and advise soonest.

Thanks.