Multiple GL Account distribution lines for same AR Cash Receipt

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Posted on by Chips322

A customer has their AR Customer Invoice receipts process by a third party. In the process of collecting for an Invoice, the third party company pays some direct expenses related to a customer invoice amount and forwards a remaing balance of the amount collected less the expenses they paid out. The dat looks like this:

Customer A Invoice Amount $1000.00. Third party collects the $1000.00 from Customer A, and disburses related Misc and freight payments of $100.00 and $300.00. Third party sends $600.00 to our operatimg account.

On our books, we have a Receivable Customer A of $1000.00. When we receive the cash, we need the following entry:

DR CR

Cash $600.00

A/R $1000.00

Misc $100.00

Freight $300.00

How can I record this Cash receipt in BC

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Dynamics 365 Business Central

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Gavin 2,480 on at

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RE: Multiple GL Account distribution lines for same AR Cash Receipt

Hi,

You could enter the cash receipt as per below:

This would give G/L Entries as per below:

Hope this helps

Thanks

Gavin