Hi,
I was run a vendor AP balance report and noticed that when my accountant did the reconcilations, there was some balance showing at the payments.
I would like to ask how to i clear those balance and close those payments.
Thank you.
Answer
How to Write Off (Close) a open payment with balance
Best answer by Laura03
Hello,
Enter a Credit Adjustment for the amount to write off, and then apply the remaining Prepayment amount to the Credit Adjustment.
A Credit adjustment credits the AP liability account and debits whatever expense you enter on the detail line. Ask your accountant what account to use on the debit.
+15Hi
You are aware of these issues I believe.
The idea is already posted in the Ideas section of this community.
Thanks
Acumatica Functional Consultant & Customer Experience Supervisor
Hi
You are aware of these issues I believe.
The idea is already posted in the Ideas section of this community.
Thanks
Hi
Yes i know that if the balance is a positive number, i can create a debit adjustment and apply to the balance. In the scenario of this new post is that the balance is a negative number, i couldnt find a way to clear those balance.
+19Hello,
Enter a Credit Adjustment for the amount to write off, and then apply the remaining Prepayment amount to the Credit Adjustment.
A Credit adjustment credits the AP liability account and debits whatever expense you enter on the detail line. Ask your accountant what account to use on the debit.
~ Laura Barber, WM Synergy
Hello,
Enter a Credit Adjustment for the amount to write off, and then apply the remaining Prepayment amount to the Credit Adjustment.
A Credit adjustment credits the AP liability account and debits whatever expense you enter on the detail line. Ask your accountant what account to use on the debit.
Hi
The error message is reference number can not be empty, yet i doesn’t allow me to put a reference number.
i already raised a support case.
+19Hi I can’t see your payment method, but it may be a possibility to temporarily un-check this option in the Payment Method:
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.