Can a debit adjustment in AP be applied in any way when the amount owing to the vendor is zero (0)?
The credit for the bill in questions has already been settled.
Answer
Debit Adjustments
Best answer by meganfriesen37
Hello,
If the balance owing to the Vendor is $0 and there are open Bills and Adjustments that total to $0, from the Checks and Payments form, open the Debit adjustment and from there select the bills to apply against it to close out the open Bills and Debit Adjustments. (See step 3 here: https://help.acumatica.com/(W(3))/Help?ScreenId=ShowWiki&pageid=2913bba9-197a-4eeb-a884-0920a39f6d60)
If the Vendor has a negative balance owing (i.e. all bills have been paid and there is only open debit memos) the options are as follows:
- Keep the Debit Memo open and apply to future bills
- Request and process a Vendor Refund against the debit adjustment. More information available here: https://help.acumatica.com/(W(3))/Help?ScreenId=ShowWiki&pageid=93fefa07-d12c-410d-b03c-5269dff26f53
+12Hello,
If the balance owing to the Vendor is $0 and there are open Bills and Adjustments that total to $0, from the Checks and Payments form, open the Debit adjustment and from there select the bills to apply against it to close out the open Bills and Debit Adjustments. (See step 3 here: https://help.acumatica.com/(W(3))/Help?ScreenId=ShowWiki&pageid=2913bba9-197a-4eeb-a884-0920a39f6d60)
If the Vendor has a negative balance owing (i.e. all bills have been paid and there is only open debit memos) the options are as follows:
- Keep the Debit Memo open and apply to future bills
- Request and process a Vendor Refund against the debit adjustment. More information available here: https://help.acumatica.com/(W(3))/Help?ScreenId=ShowWiki&pageid=93fefa07-d12c-410d-b03c-5269dff26f53
Megan Friesen, Contego Software Solutions, Canada
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