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Posted to issues@fineract.apache.org by "Anu Omotayo (Jira)" <ji...@apache.org> on 2021/10/18 22:19:00 UTC
[jira] [Updated] (FINERACT-1412) Mapping an expense ledger to a
payment type
[ https://issues.apache.org/jira/browse/FINERACT-1412?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel ]
Anu Omotayo updated FINERACT-1412:
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Summary: Mapping an expense ledger to a payment type (was: Mapping Expense ledgers to Payment Type)
> Mapping an expense ledger to a payment type
> -------------------------------------------
>
> Key: FINERACT-1412
> URL: https://issues.apache.org/jira/browse/FINERACT-1412
> Project: Apache Fineract
> Issue Type: New Feature
> Components: Accounting
> Affects Versions: 1.5.0
> Reporter: Anu Omotayo
> Priority: Major
>
> Currently payment types can only be mapped to Asset GLs in the product setup.
>
> We however require that payment types can be mapped to expense GLs as well. This is necessary for the following transaction scenarios
> 1. When paying commission to a savings account.
> 2. When paying a vendor (that has an account with the bank) for supplies to the bank.
> For both transaction scenarios above, an expense GL is debited while a customer savings account is credited.
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