Brokerage Payable Account
Enter the account number to use when brokerage fees are incurred. It is a temporary liability account credited when goods are received and debited when the vendor's invoice is vouchered and posted in Accounts Payable.
Note: This field
maintains a G/L account number. The account number you enter in this field
must be a valid account number in the Chart
of Accounts.
Note: The Post To Journal field must be selected
on the General Parameters form before this field
can be updated.