Journal Entry

Upon successful disbursement, the system automatically generates and records the following journal entries:

1. Voucher Payment

Bank Transfer:

• Debit: Expense Account (700001)
• Credit: Suspense Account (161999)

Cash Disbursement:

• Debit: Expense Account (700001)
• Credit:
  • Cash Account (100001) - USD
  • Cash Account (100002) - LAK
  • Cash Account (100003) - THB

2. Advance Creation

Bank Transfer:

• Debit: Advance to Staff Account (160003)
• Credit: Suspense Account (161999)

Cash Disbursement:

• Debit: Advance to Staff Account (160003)
• Credit:
  • Cash Account (100001) - USD
  • Cash Account (100002) - LAK
  • Cash Account (100003) - THB

These journal entries are accessible and can be reviewed on the Journal Entry page within the system.