Posted Purchase Credit Memos are posting without a Vendor Payment Code (even though it is filled out on the Vendor card)

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Posted on by Community Member Microsoft Employee

It seems that our posted credit memos are not coming into the payment journal screen using Suggest Vendor Payments... we believe this is because, as we've just noticed, there are no payment method codes on these Posted CMs!

I've checked the vendors and they all have a payment method code assigned. They also have a payment terms code - and interestingly enough, this payment terms code is populating onto the purchase credit memo. But no the payment method code!

FYI - I notice the field is blank on a brand new Purch. Credit Memo AND the posted Purch. Credit Memo.

Is there a setting somewhere or configuration that is missing that controls this? Is this a bug?

Categories:

Financial Management

Purchasing

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TeddyH 12,861 Moderator on at

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RE: Posted Purchase Credit Memos are posting without a Vendor Payment Code (even though it is filled out on the Vendor card)

The Suggest Vendor Payment does not look at the Payment Term or Payment Method. It will only look at Due Date of the Vendor Ledger Entry.

As far as I remember, it will only check the Vendor Ledger Entry :

- Open is TRUE

- Positive ( TRUE for Invoice, FALSE for Credit Memo )

- Applies to ID is blank

- EFT Register No. is zero

- Due Date

- On Hold is blank

It will also check the total balance per vendor. If the balance is negative, it will skip that vendor.
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Bodhi 554 on at

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RE: Posted Purchase Credit Memos are posting without a Vendor Payment Code (even though it is filled out on the Vendor card)

We can set up, if Vendor use CM as its payment Term Code
Community Member Microsoft Employee on at

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RE: Posted Purchase Credit Memos are posting without a Vendor Payment Code (even though it is filled out on the Vendor card)

These are purchase credit memos, not sales credit memos - so the reason we want them to show in a payment journal is so we know it withhold any credit we may have against a vendor we owe to overall. If we owe 100, but have a credit from them of 10, we only want to pay 90. So we want both the 100 and 10 to show in the payment journal screen.
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TeddyH 12,861 Moderator on at

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RE: Posted Purchase Credit Memos are posting without a Vendor Payment Code (even though it is filled out on the Vendor card)

Why you want NAV to suggest vendor payment for credit memo ? You are paying the invoice, not the credit memo.