SUSPENSE

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eg.

    Prepayment: 2000 ETB
Expense : 1500 ETB  =  Per Diem expense from "Support and Service " Trasury Budget.
Refund  : 500 ETB

1) Create Standard Invoice to recognize the expense.
Apply the prepayment partially (1500 ETB)

Standard Invoice by applying Prepayment

2) Create Standard Invoice to eliminate the remaining prepayment balance if refunded.
(Note: With a line having “Refund” Natural Account(not expense).
Apply the prepayment partially (500 ETB)

Standard Invoice to eliminate refunded Prepayment

3) Create and Pay(Refund) a “Credit Memo” Invoice. (500 ETB)

Credit Memo Invoice for Refund Voucher

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