Purchase Failure
A Purchase Failure can only be created from a Purchase Payment, it occurs if your payment to a supplier fails for any reason.
You can only make a full failure in the same currency as the originating Transaction.
On foreign currency transactions, any difference will generate an FX Gain or Loss.
POSTING RULES
| Code | Name | Debit | Credit |
| PF | Purchase Failure | [Bank Account] | Accounts Payable |
The Debit is into a Bank Account Nominal Code, which is flexible; the Credit must be against Accounts Payable.
There is only a single line entry for a Purchase Failure.
