Does anyone know what GL Account finance charges post to?
I can't find any GL account that sounds like it would fit. If there is no GL account for finance charges then that is a major oversight that should be corrected.
Finance Charge G/L
May 02, 2008
2 Replies
Take a look at 'Store Account: Paid On'. The description according to customersource is "This reflects charges made to customer accounts. The offset is to Sales and Tax Collected." I'm not sure this is the one , but next time you do finance charges check into it. I agree though, other than this one account, I don't see any others that are even close. Craig
That may be, but that would mean that finance charges would be reported as tax exempt sales which they are not.
I'm also curious if adjustments to customer accounts are posted to a GL account.
"Craig" wrote:
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