I am pretty new in using Business Central and I have got some cents outstanding in some Vendors account.
Long story short, the payment was applied to an invoice and in most of the cases there is 1 cent up in the invoice so I need to write that one off to match the actual payment which is 1 cent less.
I am aware of that in customer receipts, at the time of applying the payment, the tolerance payment can be set up so these small balances would be sent straight away to a designated code.
Would anyone know which function and how I could get ride of all that without reversing and reposting the invoice?
The payment tolerance functionality works for both the customer and vendor side. If you have it setup for vendors then in the vendor ledger entries you can un-apply the payment from the invoice and apply it again. When you apply it again you should get the notification regarding payment tolerance.
As an alternative, you can simply create a journal entry that debits your vendor, and credits some GL Account for the 1 cent write off. In the vendor ledger entries you would then apply this 1 cent entry to the invoice. In the end you would have 3 entries applied to each other - the invoice, the payment, and the 1 cent write off.
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