Triva isn't available right now.
Check out the support page for our phone number and hours
Solutions
-
Corporations
-
Governments
Success stories
-
A true competitive advantage
Law firm Zarin Baum’s embrace of generative AI as the natural next step in the evolution of legal work and their adoption of CoCounsel Legal has helped them achieve remarkable efficiency gains and improved client relationships.
-
Workflow transformation drives impact
Brinks, a global leader in secure logistics and security solutions, used CoCounsel to reimagine what was possible with AI tools, turning legal challenges into a competitive advantage.
-
The forefront of audit tech
A better auditing workflow solution was the answer to multiple challenges faced by The Mercadien Group. Find out how they achieved greater efficiency by embracing Cloud Audit Suite.
Questions? We are here to help.
Products
-
Tax, audit & accounting
Recommended products
-
CoCounsel Legal
Transform your work with the only AI legal solution uniting research, drafting, and document analysis in a single experience. Designed by legal experts and built on trusted content and advanced AI, CoCounsel Legal accelerates multistep work so you can better serve your clients and grow your business.
-
CoCounsel Tax
Transform your tax practice with CoCounsel Tax, an AI-powered assistant that combines trustworthy answers, automation, and firm knowledge into one seamless platform. Enhance efficiency, reduce risk, and improve client confidence with CoCounsel Tax.
-
CLEAR
Powerful software designed for law enforcement, compliance, risk, and fraud investigators. Conduct thorough investigations with ease using our intuitive online investigation software. Efficiently, prevent, detect, and solve crime.
Questions? We are here to help.
Purchase
Resources
-
Product training
-
Product communities
-
Developers
Highlights
-
2026 SKILLS Showcase
Join weekly sessions to experience in-depth demonstrations of the leading legal AI products while connecting with strategic law firm leaders in knowledge management, innovation, and AI.
-
Ghosts on the ledger
Payroll fraud is a major compliance risk. Learn how payroll analytics and AI-powered tools can help exorcise phantom employees and employers.
-
Future of professionals report 2025
The Thomson Reuters Future of Professionals Report 2025 reveals how AI continues to shape professional work — and what it takes to get ahead. This year’s report shows that increased efficiency, productivity, and cost savings top the list of benefits professionals attribute to AI, making it indispensable for organizations facing rapid change.
How journal entries are posted for Accounts Payable
If you process payables for your client in Accounting CS, you'll need to assign the appropriate GL accounts to the AP accounts to ensure that the journal entries are posted to the correct accounts. You'll need to assign these accounts regardless of the accounting method selected (accrual basis or cash basis) in
Setup
, Clients
, then the Accounts Payable
tab; otherwise, the application will assign items with blank accounts to the undistributed account, which may cause balances to be off.Accounting CS posts accounts payable transactions to the accounts listed below. The accounts may differ, based on the accounting method selected for your client.
Accrual basis
Action | Debit entries | Credit entries | Posting period | Notes |
|---|---|---|---|---|
Entering a payable | Distributions for the payable | AP account for the payable | Posting period for the payable | |
Printing a check to pay | AP account for the payable | GL account for the bank account Discount account | Based on the AP date | |
Applying a payment when check is printed to pay | AP account for the payable | AP account for the payable | Based on the AP date | Reference number will be PMTAPP |
Entering a prepayment in the Enter Transactions screen | Distribution accounts for the transaction (could be AP or Expense account) | GL account for the bank account | Posting period for the payment | Prepayments include handwritten checks, unprinted checks, and payments |
Applying a prepayment and payable together | AP account for the payable | Distribution accounts for the prepayment in the Enter Transactions screen(could be AP or Expense account) | Based on the AP date | Reference number will be PMTAPP |
Entering a credit memo | AP account for the credit memo | Distribution accounts for the credit memo | Posting period for the credit memo | |
Applying a credit memo and payable together | No entry is made |
Cash basis
Action | Debit entries | Credit entries | Posting period | Notes |
|---|---|---|---|---|
Entering a payable | No entry is made | |||
Printing a check to pay | AP account for the payable | GL account for the bank account Discount account | Based on AP date | |
Applying a payment when check is printed to pay | Distribution accounts for the payable | AP account for the payable | Based on AP date | Reference number will be PMTAPP |
Entering a prepayment in the Enter Transactions screen | Distribution accounts for the prepayment in the Enter Transactions screen(could be AP or Expense account) | GL account for the bank account | Posting period for the payment | Prepayments include handwritten checks, unprinted checks, and payments |
Applying a prepayment and payable together | Distributions for the payable | Distribution accounts for the prepayment in the Enter Transactions screen (could be AP or Expense account) | Based on AP date | Reference number will be PMTAPP |
Entering a credit memo | No entry is made | |||
Applying a credit memo and payable together | No entry is made |
This article applies to:
- PRODUCT: Accounting CS