Posting When you Use Combined Basis Accounting
When you use combined basis accounting, you maintain a cash set of books and an accrual set of books. When you define your sets of books, you choose which set of books will be your primary or secondary set of books. Each time you create journal entries in Payables, you can choose to create journal entries for your primary, secondary, or both set of books. You must open the accounting period in your general ledger for both sets of books before Payables can create journal entries for posting.
See Also
Accounting Methods
