I believe that in either case, the liquidity account is a ledger account number associated with a bank account. For AP it would be the ledger account linked to the bank acount from which you pay the vendor. For AR, it would be the ledger account linked to the bank account where the deposit will be made.
On Fri, Feb 20, 2009 at 7:37 AM, guo_simon <guo_si...@yahoo.com> wrote: > At "Set up a cash flow forecast for sales and purchases " > the help says : > ------------------------------------------ > Minimum setup > To enable a cash-flow forecast including sales and purchases, a > minimum setup is required: > > Click Accounts receivable > Setup > Posting profiles. > > On the Setup tab, in the Settle account field, select the account to > be used as the liquidity ledger account for customer payments. > > Click Accounts payable > Setup > Posting profiles. > > On the Setup tab, select the account as the liquidity ledger account > for payments to vendors. > -------------------------------------------------- > What is "liquidity ledger account for customer payments"? Is this the > account of a customer or the bank account used for payment? > >
