General Ledger, Accounts Payable, Accounts Receivable, Cash Management, Fixed Assets, Deferred Revenue, Taxes, Currency Management
- 825 Topics
- 2,698 Replies
I created a Proforma and released it which created an invoice. This invoice was also released and it was in the “Pay” state. Later, I realized that the “Amount to Invoice” was incorrect. So, I created a credit adjustment for that invoice. Now if I run a Billing for the project the “Previously invoiced amount” is incorrect. I tried to go back to the Proforma to “correct” it but it gave me the below error message. I am not too sure where to go from here. Any ideas? Please and Thank you!
Our company, for both AP Bills and Purchase Orders, need to have a specific sequence of approvals depending on the dollar amount, and we do not want emails sent to subsequent approvers until the approver before has approved either of the transactions. I notice on screen EP205000 that is hidden allows for the sequential approvals as wanted, but that the Preference screen look at EP205500 for the approval map which does not include the sequential approvals and also sends all the emails for the needed approvers at one time and allow for an approver to approve the transaction whether lower level approvals have been received or not. Could it be possible to select which approval screen to use versus being forced to use the EP205500?Also, it would be advantageous to have the Steps on the EP205000 screen similar to EP205500 for the ability to separate the different approvals depending on branches, tenants, etc.
The setup of the system allows AP to auto post when released. Everything does that except 1 thing. When we go to close out an invoice that we have completely paid with prepayments the system stops at the Posting stage. We have to do close the AP this way because its the easiest way to get the money from Vendor deposits to COGS. Is there a setting that would allow this to happen that we are missing? This is the only type of transaction that doesnt work.P.S. The invoices are being created from PO’s for a project
Often a client will issue a check in one financial period and then void it in another. If the check is voided before the bank reconciliation is done, the check has a balance of 0 on the bank rec.The proper way to handle this is to include the amount as outstanding in the month is was issued and voided/cleared in the month it was voided.For instance, if a check is issued 8/15/2022 for $5,000 and voided on 9/10/2022. The August, 2022 reconciliation needs to show the $5,000 as an outstanding item.
We have a client with a financial year that begins in November. The 1099 reports in Acumatica pull data based on that Financial Year. The 1099 DACs only track the financial year, not transaction dates that I could potentially add in Report Writer. Has anyone run into this issue and how it might be solved?
Customer wants to build a prototype product using Production Job. Once all the cost accumulated on the Job, what is the best way to transfer it to Fixed Asset? is there any way to transfer Inventory Items to asset register/module?any better way i.e using Project to build the Prototype and Moving to asset register?
Hi!When loading open AP with balances and/or retention, which screen fields are referred to in the error message as “Migrated Balance” and “Document Amount”? We were able to load cleanly with migration mode off as an initial test, but not with migration mode on as is needed. Thank you,Dave Z
2022 Tax Year 1099-NEC Form 1099-NEC and filing instructions have been converted from an annual revision to continuous use. Therefore, there are no changes in 1099-NEC form layout or in E-File format that require changes in the Acumatica ERP. For the list of Acumatica ERP builds with up-to-date 1099-NEC forms, refer to the 1099-MISC and 1099-NEC updates for Tax Year 2021 post.To resolve possible issue with the printing alingment, we encourage you to update to the following Acumatica ERP builds where the paper size of the 1099-NEC (AP653100) report have been changed to Letter:2022 R2 Update 3 (22.203.0043) or later 2022 R1 Update 14 (22.114.0029) or later 2021 R2 Update 19 (21.219.0019) or later 2021 R1 Update 28 (21.128.0009) or laterFor more info, workaround for earlier builds and additional steps to fix possible alignment issues, refer to the Known issue: The report printed on the 1099-NEC (AP653100) form did not fit the Letter paper size knowledge base article. 2022 Tax Year 1099-M
People are voiding payments that have already been deposited to the bank and it makes for A LOT of unnecessary work when reconciling. In my eyes, there should be no reason to void any transaction that has already been released in a deposit. If, for whatever reason, you need to void a transaction; you would need to first void the deposit, do what you have to do and recreate the deposit after. Once a payment is deposited, it should be locked; period. Even Quickbooks had this capability; it’s very simple because the transaction is posted to the ledger when released in a deposit. But if this is too much to ask, we should at the very least have the ability to restrict certain users from making changes to released payments, especially if they have been deposited. Does anybody have any thoughts or workarounds to avoid this from happening?
Client A2022R2.Created Corporate Credit Card assigned to an Employee.Created Payment Type set to Credit Card.Client is paying a AP bill using the Payment type = Credit card that is the same as the Corporate Card.Setup Bank Feed to create Employee Expenses assigning the Employee. This creates a Employee Expense receipt and works nicely. Is there a way to match the AP bill payment to the Bank Feed import so that it does not create an employee expense?
Our company uses LIFO accounting, which is generally only used in the United States, however it is GAAP compliant.I am just curious if there is any interest out there for a LIFO accounting module in Acumatica? We will probably write some software to calculate the LIFO reserve for our own purposes. We use dollar value LIFO. Thanks, Jonathan
Hello everyoneI have seen this issue in 3 different versions and builds, the current version I’ve been trying it and use is:2022 R1Build 22.110.0018 Wondering if there is a fix for that and if it happens to anybody else.When I copy a Released Cash Entry (CA304000) that has the Cleared check mark and Date information and paste on a brand new transaction, those fields copy and they should not. 80% of the time I manually uncheck it, but sometimes we forget and they show up in the Bank Reconciliation as cleared and reconciled with the wrong date. Visual-: Thank you Wileyska
Team, I am struggling to explain Unposted Journal Transactions. I know there are some issues and some scenarios explained, but for normal people, why there is unposted transactions on the system? They are random, and can have a good explanation for my client, every now and then, when closing the month, there will be uposted journal transactions, and there will be no good answer for those. I have put a schedule to post every night unposted transactions to see if the problem goes away, but still want to have a good answer for them. Thank you.
Happy Friday all!We have a separate GL for our eCom Sales that is configured at the customer level. If I create a AR Invoice the GL populates as expected based off the Customer. However, on the SO side, the Account GL always defaults to our B&M GL regardless of the customer. Is there a hidden config in preferences or something that I am not seeing? Wanting it to default to what is in the Custom GL Accounts info. Thanks
Hi Community, Is there any way to create an advance invoice ( AR Side) and offset it with the final invoice in acumatica?? I have checked in the Payment and Application Prepayment functionality. But when the amount is large for receiving any payment from customer they usually ask for advance invoice. Regards,Jewel ParvezLead ERP Consultant Allaint Rigserv LLC
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