General Ledger, Accounts Payable, Accounts Receivable, Cash Management, Fixed Assets, Deferred Revenue, Taxes, Currency Management
- 1,461 Topics
- 4,857 Replies
Hello - We have an AP payment that was erroneously applied with a date of 06/29/2028 in the post period 06/2023. I know there is an option under the Payment Methods screen to allow “default void date to document date” for AR, but what would the solution be for AP?
Hi:There are no GL accounts in Account Summary for a company under a tenant. The tenant was created with the Sales Demo dataset. I specified the Actual Ledger for the new company. All the financial periods for 2023 are active for the new company. What did I miss? The master financial calendarCOA for James BicyclesAccount SryPlease help me asap since I have to get ready for a demo.ThanksToon SixAntoonS@ICGTechnology.comc: 973 727 9665
Hi,I am completing the financial training for Acumatica and I am thoroughly confused by the refund process. According to the training manual, this is the general flow: So, according to this, when you release a refund it increases cash and increases AR? I do not understand this at all. Refunds decrease cash. I have no idea why an AR account is involved. You now have:an entry increasing cash that will not be reflected in the bank statements and will be impossible to reconcile An entry increasing AR when no invoice was issued. This would impact your cash audit trail, distort AR and cash balances, mess up your reconciliations, and possibly circumvent cash controls. They’d all have to be needlessly restated or reclassified in the ledger to correct them.In addition, when you apply it to a prepayment (the second red box), it reduces customer deposits, assuming it’s properly classified as a liability, and decreases cash? Why? Normal sales refunds have nothing to do with customer depo
Hello, When we release a project Invoice for a Stock item shipment, the journal entry usually generates four transactions. Trade Receivable (Debit) Revenue - Piles (Credit) Shipped - Unbilled Accounts Receivables (Credit) Inventory Materials (Debit)However, there is a project in which the invoice journal transaction is not generating the two last transactions. We want to understand why is it not affecting “Shipped - Unbilled accounts receivables” and “Inventory materials” accounts, despite all projects follow the same workflow. Thanks
Hello - We have a temp AP clerk, and would love to have them enter transactions and bills, but NOT be able to release them. Is there a way to revoke access to the “Release” function on this screens, while granting access to the rest? I am searching through the securities and am not finding it. Thanks for any guidance!
I think I’m not understanding the logic of the Process Invoices and Memos screen (SO505000) First - From the wiki, the only prerequisites mentioned for using this screen are:Email Invoice: Sends the selected invoices via email. The document selected for processing will be emailed only if the following conditions are met: This document has not been emailed before (the Emailed check box is cleared on the Invoices form). The customer account has the Send Invoices by Email check box selected. The Credit Hold check box is not selected for this document. However - we are seeing that only invoices in a Balanced Status can be emailed from this screen. Once the invoices has been released, your only option to email the invoice using a process screen is from AR508000 This appears to be intentional, although not documented well in the Wiki. I have a hard time understanding why we could only send unreleased SO Invoices or released AR invoices Our issue - we would like to email the SO invoices da
Hello Everyone,I am reaching out to understand what is allowed as naming convention typically in any field within Acumatica? I see some allows hypen/dash and some doesnt. Does Acumatica alphanumeric characters allow special characters? For Tax ID we are looking for a three segmented approach to be able to identify what they are when someone looks at the code. Example : ON-HSThttps://help.acumatica.com/(W(16))/Wiki/ShowWiki.aspx?pageid=692e30c9-e0af-4aa3-b0f6-f3ba190d257a Thanks,Hari
Hello, I have a released AR invoice that had the incorrect date entered. I have tried to correct the invoice date, which moved from July into June period, and when trying to release the corrected invoice I get an error;“Inserting 'Applications' record raised at least one error. Please review the errors. Unable to apply the document because the application period precedes the financial period of the document.”So it appears it is due to crossing to a prior period. How can I correct this AR invoice and get it in the correct financial period?
What is the proper field to use in the Link to Entity for in the Email Template used as subscriber for Business Event based in AR InvoiceThe desire is to have the email appear in the activities of the Invoice. (I am unable to shows my current config with customer data)
I have a pivot table with item numbers for rows and financial periods for columns. I want to filter the item numbers.I have items number that are 3 letters, a hyphen, then 5 integers. Example: VIP-69075And I have item numbers that are 2 letters, a hyphen, then 4 integers. Example VI-3501I want a filter that will show me all the items with digits beginning “3” but only the 2-letter ones. I can ask for Starts With VI-3 and I can ask for Contains -3 but neither shows me exactly what I’m looking for, which would be Starts With __-3, but that doesn’t yield any results for me. (I need to indicate a wild card of precisely 2 characters.) Is there a way to do this?
Hi, I have a customer that wants to expense depreciation to multiple subaccounts when depreciation is calculated and released. The only way I know how to do this is by creating an allocation in the financial module to allocate the expenses to the correct subaccounts. Has anyone else know of another way to allocate the expenses to the proper subaccounts, the customer is not on board with the allocation method. Thanks,Coleen
Hi Everyone.I have an issue where the tax amount is not calculating correctly. The tax amount is 15%. So for an amount of 202 937.50 should be 30 440.63. When creating an AR invoice. The amount I get on Acumatica is R30 441.10. What could be causing this and how can I fix this?
Having an issue with the Reassign process when approving AP bills.Bills are assigned using our Approval Map and occasionally a bill needs to be reassigned to someone outside the Approval Map. Our approvers need to put the bill on hold and enter the correct project task and cost code. Once they remove the hold they are no longer the assigned approver (the Approval Map assigns it back to the original approver). Ideally the bill needs to be put on hold to edit and keep the reassigned approver – any help on how to make this work would be appreciated.
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
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