Relationship Between Vendor and Vendor Ledger Entries

Lesson progress:

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When you post transactions to vendors in Sparkrock 365, the following customer entries are created:

• Vendor ledger entries

• Detailed vendor ledger entries

Explore vendor ledger entries

Vendor entries provide more information about vendors and purchase business. Vendor ledger entries are posted entries from purchasing documents such as purchase orders, purchase invoices, and journals, such as payment journals.

The detailed vendor ledger entries store the actual amounts of the vendor transactions, such as an invoice. The vendor ledger entries show the amounts as FlowFields.

Examples of where additional detailed vendor ledger entries are created to change the vendor ledger entries include the following:

• Foreign currency exchange rates

• Payment discounts

• Payment tolerances

• Applications

• Rounding

To view the vendor ledger entries for a vendor

1. Choose , enter vendors, and then choose the related link.

   The Vendors page opens.

2. Select the vendor for which you want to view the vendor ledger entries, and then on the action bar, choose Related > History > Ledger Entries.

3. To view the details of a vendor ledger entry, select the vendor ledger entry for which you want to view the details, and then on the action bar, choose Entry > Detailed Ledger Entries.

   The Detailed Vendor Ledger Entries page opens.

   

Next unit

Set Up Customer Bank Accounts

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