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A/P JournalM.O.M.'s A/P accounting is based on a journal file. The journal runs behind the scene to track all payable transactions in the system, using a standard dual-entry book-keeping method. For each supplier invoice in M.O.M., Charges and Payments are tracked. Charges are the amounts owed to your suppliers for the merchandise, shipping, and sales taxes for which you are invoiced. Payments are actual payments of money to the supplier, or adjustments to supplier invoices. When Charges and Payments are equal, then both sides of the journal balance for an invoice, and it is considered completed or paid-in-full. M.O.M. codes each journal entry with a unique stamp that defines the type of transaction being entered. These transaction categories can be posted to a general ledger program outside of your M.O.M. system. Journal File Transaction CategoriesThe list below contains all of the journal accounting categories used in Mail Order Manager. These categories and transaction codes apply to all A/P journal related reporting in the system.
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