Or do you use the built-in prepayments? If so, then I can't really comment.
Due to the way our system has been set up in the past (the way we work, and the specific fund reporting we need), we're not able to use a lot of the built-in functions and reports, and have to do a lot of things manually (I wasn't around when Sage was chosen but I've learnt to overcome its deficiencies for our use).
We have a manual system (using a spreadsheet) which calculates the amount prepaid for each invoice beyond the month end which we shift into prepayments at the month end and shift back on the first of the next month using an auto-reversing manually entered/imported journal. If the journal is forgotten, the monthly MA show a huge variance highlighting it.
I've found the Reverse Journals [ ] check box along with the Reversing Date [ dd/mm/yyyy] at the bottom of the journal entry do this fine for me - just need to remember to set the box and date when entering the journal. Do you not have them?
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Or do you use the built-in prepayments? If so, then I can't really comment.
Due to the way our system has been set up in the past (the way we work, and the specific fund reporting we need), we're not able to use a lot of the built-in functions and reports, and have to do a lot of things manually (I wasn't around when Sage was chosen but I've learnt to overcome its deficiencies for our use).
We have a manual system (using a spreadsheet) which calculates the amount prepaid for each invoice beyond the month end which we shift into prepayments at the month end and shift back on the first of the next month using an auto-reversing manually entered/imported journal. If the journal is forgotten, the monthly MA show a huge variance highlighting it.
I've found the Reverse Journals [ ] check box along with the Reversing Date [ dd/mm/yyyy] at the bottom of the journal entry do this fine for me - just need to remember to set the box and date when entering the journal. Do you not have them?