Holding Accounts for Creditor Invoices

You have the option to allocate costs to jobs that are not related to a creditor by using a holding account.

For example, the creditor invoice was paid via a bank direct debit. If the bank account used is a holding account, you can post the creditor invoice to that account instead of specifying a creditor. The costs (invoice lines in the Creditor Invoices submodule) can then be posted to the individual cost lines in General Ledger or to the jobs they relate to.

You must first create the holding account in the Holding Accounts submodule (Settings > Finance > Holding accounts) before you can use it in for posting creditor invoices. Make sure to select the Use in voucher management option in the Holding Accounts submodule to make the account available in the Creditor Invoices submodule.