Hi @sbhattarai 

How was the Bill paid since prepayment was not adjusted (applied) to the Bill? 

If another ‘Check’ payment was made against the Bill, I suggest you void the Check and apply the Prepayment to the Bill. 

Since prepayment is appearing on reconciliation, the reversal of check would appear on next reconciliation as well. Both can be cleared and net impact will be zero on Cash account balance and also the reconciliation. 

Hope this helps.

Regards,

Hello @vkumar,

Thank you very much for your response. The company has migrated to acumatica last year from QuickBooks. I am new to acumatica.  The prepayment is open, and check has been cleared and reconciliation has been done. But I could not find out how the original payment was processed.

I cannot void nor I can process it. I need to get rid of this.

Regards, Shankar

Agreed something is not adding up. Possible to provide more information on the AP Bill and how it was cleared? (check the Applications tab in the AP Bill) 

1. You have a prepayment that cleared the bank and is still open. 
2. AP Bill was entered for the actual invoice of the prepayment
3. Either the Bill is still open, or it was cleared in one of 3 ways,
   1. Apply Prepayment (didn’t happen), 
   2. Paid Bill via “Checks and Payments”
   3. AP Bill was Debit Adjusted out.

#1 we know did not happen. IFF #2 happened your bank statement would not reconcile since you have another Credit on the Bank account for the Check payment. #3 is possible as it has not cash impact.