Browsing Spanish translation

21.

You are done with Receivable Accounts, Payable account is not different than that. In OpenERP, the Accounts regarding to your Suppliers must be treated in a special way when their Values are transferred from a Ending Fiscal Year to Opening Fiscal Year. It is to be noticed that each Payable Entry Line is part of a cycle, when an Supplier Invoice opens it creates Payable Entry Lines, opening the cycle, when the Supplier Invoice is paid the cycle is closed. Closing cycles is called 'Reconciling Entries' and doing it properly is very important due to the fact that only Open Cycles, or Non-Reconciled or Partially Reconciled Entry Lines are transferred to the next Fiscal Year to be opened.