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.
Solved
How to Write Off (Close) a open payment with balance
Best answer by Laura02
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.
1 person likes this
+13Hi
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
1 person likes this
manikantad18 wrote:
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.
1 person likes this
+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 ~ Klear Systems, Inc. Irvine, CA. ~ Click my logo to Follow me ~
1 person likes this
laura01 wrote:
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.
1 person likes this
+19Hi I can’t see your payment method, but it may be a possibility to temporarily un-check this option in the Payment Method:
Reply
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