Voucher Pre-Register Overview
The information on the Voucher Pre-Register form does not require a specific purchase order. After the voucher pre-register has been created, the system posts the pre-register and creates journal entries using a new suspense account. When you are ready to voucher the material (after receiving it), you can associate the voucher with one of the pre-registers. When you post the voucher, the system changes the voucher pre-register to a status of Closed and creates the appropriate journal entries.
If the Recognize VAT check box is selected on the Accounts Payable Parameters form (Misc tab), the pre-register date becomes the journal entry date, and these journal entries occur:
Planned to Posted
| Field | Debit | Credit |
|---|---|---|
| Suspense Acct | ### | Material portion from pre-register. |
| Freight | ### | |
| Misc. Charges | ### | |
| Tax 1 | ### | There is a debit for each Tax Distribution. |
| Tax 2 | ### | |
| A/P Unmatched | ### |
If the Recognize VAT check box is not selected, these journal entries occur:
| Field | Debit | Credit |
|---|---|---|
| Suspense Acct | ### | Material + Tax portion from pre-register. |
| Freight | ### | |
| Misc. Charges | ### | |
| A/P Unmatched | ### |
If a voucher is associated with a pre-register and the voucher is posted, the status of the pre-register changes from Posted to Closed, and new journal entries are created to back out the original entries. You can also manually change the pre-register status to Closed to create the offsetting journal entries.
If the Recognize VAT check box is selected on the Accounts Payable Parameters form, the voucher date becomes the journal entry date, and these journal entries occur:
Posted or Matched to Closed
| Field | Debit | Credit |
|---|---|---|
| Suspense Acct | ### | |
| Freight | ### | |
| Misc. Charges | ### | |
| Tax 1 | ### | |
| Tax 2 | ### | |
| A/P Unmatched | ### |
If the Recognize VAT check box is not selected, these journal entries occur:
| Field | Debit | Credit |
|---|---|---|
| Suspense Acct | ### (Material + Tax) | |
| Freight | ### | |
| Misc. Charges | ### | |
| A/P Unmatched | ### |
Pre-register can hold one of four different status types:
- Planned: If the pre-register status is Planned, the pre-register is in the process of being created, or it has been created but is not yet posted.
- Posted: If the pre-register status is Posted, the pre-register has been posted. The only way to get a status of Posted is to manually change the status from Planned to Posted. Journal entries are created upon saving the status.
- Matched: If the pre-register status is Matched, the pre-register has been entered and saved either on the Generate AP Transactions form or the A/P Vouchers and Adjustments form.
- Closed: If the pre-register status is Closed, the status of the pre-register number has been changed manually to Closed or changed to Closed by the system. The system changes the status of a voucher pre-register to Closed when a voucher is posted that has a pre-register number. When the status is changed to Closed, journal entries are created to back out the original journal entries. After the status of the pre-register is Closed, it cannot be updated. The pre-register can be deleted by clicking on the toolbar or use the Delete Voucher Pre-registers utility.
Deleting a Voucher Pre-register
The Delete Voucher Pre-Registers utility deletes all voucher pre-registers within a specified range. The voucher pre-register must have a status of Closed before it can be deleted. All voucher pre-register distributions for the range of voucher pre-registers are also deleted. Deleting voucher pre-registers removes all information about the voucher pre-registers, and affects tax reporting.