Independent - 181984 Message

[progoldi2]

Needham Real Estate

When we first were recording agent payments the information showed in the general journal by account in accounts 00024 and account 00200. Since May 31 the information appears correctly on the agents invoice tabs but the information does not pull into the general journal. I don't see anything that is unposted and I even tried unposting the agent invoice and reposting and that did not pull it through to the general journal. Can you please help me figure out a resolution? Thanks,

[admin]

Somerville Real Estate

I have reviewed several June payment transactions. The invoice payment transactions are posting in the General Ledger. The Debit side is going to account 5000 (Agent Comm Exp) and the Credit is going to 00200 (A/R) on all the ones I reviewed.

Invoice payments are recorded at the bottom of the invoice that is paid. The Debit G/L account charged is displayed on the payment line. The Credit G/L account charged is the G/L assigned at the top of the invoice which is defaulted to account 00200. If you retrieve invoice # 0518121095, you will see an $1,129.96 payment posted to account 5000 on 06/01/2012. The G/L account credited was 00200 as it is the account assigned at the top if the invoice. Both accounts reflect the payment.

Note 1: The 5000 G/L account is the default Debit account used when a payment is made to an invoice from a commission. The PID of the clsoed property is recorded in the Check Number field in the payment line on the invoice. The property is PID 6727 which is 3530 Thornapple River Dr which shows closed on 06/01/12.

[progoldi2]

Wakefield Real Estate

If you look specifically our agent Bodien, John. He made a payment on June
1, 2012. We posted the payment by going to Receive Payments and selecting
John Bodien. That receipt the General Ledger account is changed to 00024.
This is not showing up on the General Ledger report.
If you would like to look at other agents that are having this let me know.
The receipts that you are talking about are coming directly out of the
agents commission checks.

[admin]

Westwood Real Estate

John Bodien does not have any invoices with a June payment. The last invoice was dated 05/20/2012 and has a 05/30/2012 payment on it. There is no June Invoice for the agent. Please verify.

[admin]

Winchester Real Estate

I see a payment of $1,977.61 dated 05/30/2012 in G/L account 00024 for invoice # 0516121149.