How to Record Other Payables in a Journal Entry

Modified on Wed, 26 Feb at 10:55 AM

Other payables should be recorded in the journal when an expense or liability is incurred but not yet paid. This includes accrued expenses like salaries, utilities, and taxes payable, as well as outstanding supplier invoices for non-trade items. Recording other payables ensures accurate financial reporting, proper expense matching, and better cash flow management. It is typically done at the time of expense recognition, invoice receipt, or at the end of the accounting period for adjustments.

CN: 如何在日记账中记录其他应付款 (Other Payable in Journal)

How to Record Other Receivables in a Journal Entry

1. Click on Accounting and select Journals

Click on Accounting and select Journals

2. Click on Add New

Click on Add New

3. Select Date

4. Enter your description here

Enter your description here

5. Select your chart of account

Select your chart of account

6. Enter description (optional)

Enter description (optional)

7. Enter an amount on Debit

Enter amount

8. Select Other Payables

Select Other Receivables

9. Select a supplier and ensure "I'm trading with this supplier" is unticked.
(You can check it on the supplier view page > Details tab > Supplier Additional Details)

Select a customer

10. Enter an amount on Credit

Enter amount

11. Click on Save

Click on Save

Related Guides