Invoice Distribution Closing (AP175) Transactions

This program creates general ledger entries for accruing the invoice liability.

Company A

Account Description Debit Credit
Expense Account 70.00
Intercompany Receivable (Company B) 30.00
Accounts Payable 100.00

Company B

Account Description Debit Credit
Expense Account 30.00
Intercompany Payable (Company A) 30.00