Purchases Easy Setup Assistant—Enter historical purchases for your vendors

Now that you've entered information about your vendors, enter information about any outstanding transactions you may have with them. These are purchases you've made that you haven't paid in full as of the first day of your conversion month. These transactions are referred to as historical purchases.

Field Descriptions

Add Purchase

To add a new historical purchase, click Add Purchase.

Edit Purchase

If you want to edit an existing historical purchase, select it in the list and then click Edit Purchase.

Delete Purchase

If you want to delete a historical purchase, select it in the list and then click Delete Purchase.

Out of Balance

The total of all historical purchases should equal the opening balance of your payables account. If it does not, an out of balance amount will appear. Ensure that you have entered all of your historical purchases correctly and that the opening balance of your payables account is correct.

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Related Topics

■	Set up purchases

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Purchases