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Negatives in Accounts Payable

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May 01, 1997 12:00AM
Each month I enter a string of invoices from one vendor into Accounts Payable. At times there are credits to the account for returns or errors in billing. The vendor has the typical idiotic "cascading discounts and price credits" which make figuring and applying costs to enterprises very confusing, especially when using AP's discount function. Is there any way to enter credits for items or services against the proper accounts by using negative figures in AP? If I use a neg. number when using AP I get a stop screen stating "Amount is negative" and it will not allow me to credit the account so as to properly figure monthly vendor totals and discounts. How can you apply credits (neg) to a vendor's AP account?

Ex. 1/1/97 Inv. 444 Enter $105 into AP for Spreading Fert.
1/10/97 Inv. 555 Credit from Vendor for Bill Error on Spreading, -$5.
How can I enter this credit while keeping the AP correct for the month so that the discounts are properly figured?

Thanks for your help.


Negatives in Accounts Payable

John May 01, 1997 12:00AM

Re: Negatives in Accounts Payable

R. Scott Nusbaum - Farm Works Software May 01, 1997 12:00AM

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