4-6 Recurring or 4-2 Invoice
We have an intern helping us out with some bookkeeping, gaining some real job experience. Along with ‘how’ to do things, there are usually questions about ‘why’ and under what circumstances. Well, he asked a good one—Why are some things in 4-2 AP Invoices, and others entered in 4-6 Recurring?
This varies by company, but here are a couple of good guidelines; this might even be an opportunity to re-visit how you handle some of these.
A word of caution: If you have people sharing this responsibility, be sure your procedure or checklists are very clear about what is entered where. If you enter in 4-2, then again in 4-6, it will not catch the duplicate.—CMW