Question

How can I process 'Vendor Refunds' that also include the absorption of Bills?

  • 11 March 2021
  • 0 replies
  • 119 views

Example:

Vendor sends me a check that is an accumulation of both debits and bills (eg, vendor owes me 10k, but I owe the vendor 3k, so they cut me a check for 7k). What is the cleanest way to handle in Acumatica? Is it to apply debits to the bills first, to zero them out, and then do a vendor refund for the total remaining debits?

 

Ideally I could go create a vendor refund and select both debits and bills, resulting in my total - but that doesn’t appear to be an option or I haven’t found the right checkbox to allow it.

 

Thanks in advance for advice.


0 replies

Be the first to reply!

Reply


About Acumatica ERP system
Acumatica Cloud ERP provides the best business management solution for transforming your company to thrive in the new digital economy. Built on a future-proof platform with open architecture for rapid integrations, scalability, and ease of use, Acumatica delivers unparalleled value to small and midmarket organizations. Connected Business. Delivered.
© 2008 — 2024  Acumatica, Inc. All rights reserved