Article ID: 9103 

Entries that Post to the G/L when You Disable Separate Hard and Soft Costs and Receive a Payment in Modified Cash

Soft Costs post to the Client Disb Recov (1210) when you do not separate Hard and Soft Costs.

The following occurs when you receive payment for a Hard Cost:

Reports that the transaction appears on

G/L Debit

G/L Credit

General Bank Journal, Billing (Fees) Journal

10XX (General Bank)

1210 (Client Disb Recov)


NOTE:

The Modified Cash Method of Accounting does not use Accounts Receivable.