Employee Repayments

Use Employee Repayments to record repayments for travel and automobile expenses, or whenever an employee needs to file a repayment report.

Posting

During an employee repayment posting Vision:

  • Debits explicitly the amount specified on each detail line to the specified account.

  • Credits implicitly the account specified in the Employee Expense Credit account on Posting tab of Accounting Company Configuration.

Posting Log

Use a posting log to view information about a batch of transactions. Vision produces a posting log each time that you post a transaction file.

In addition to the posting log, Vision generates a General Ledger summary for employee repayments. This report lists the general ledger accounts that were affected by the posting. The report shows the total amounts debited and credited to each account.

Related Topics:

  • Procedures
    After you open an employee repayment transaction file, you can work with it on the Transaction Entry form and related dialog boxes.
  • Screens
    You create and work with employee repayment transaction files on the Transaction Entry form and related dialog boxes.
Parent Topic: Transaction Entry Overview