HI
our IFS system was implemented as multi company;
we need to use cash account for all personal payment (in all company ).
example :
employee number 1001 recorded in company 901
we need use direct cash payment to pay 1000 USD from company 101 to him
please advise .
Hi
Multi Company Direct Cash Payments can be done via Mixed Payment Window.
As per the reported scenario, Create the Mixed Payment from the Company which needs to make the payment from. ie Company 101.
Go to the Transactions tab and enter a Lump Sum Transaction record and select Direct Cash Payment as the Transaction type.
In the Lump Sum transaction line, there is a “Company Field” where you can change the company to which the payment needs to be made for. ie 901
Enter the Manual posting to specify the account in the matching section to connect the employee details of the payment.
Hope this helps to solve your question. Please let me know should you have any concern.
Regards,
Lihini.
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