web
You’re offline. This is a read only version of the page.
close
Skip to main content

Notifications

Announcements

No record found.

News and Announcements icon
Community site session details

Community site session details

Session Id :
Dynamics 365 Community / Forums / Microsoft Dynamics GP (Archived) / Applying Cash Receipts
Microsoft Dynamics GP (Archived)

Applying Cash Receipts

(0) ShareShare
ReportReport
Posted on by Jackie McNab 214

I am entering cash receipts in a Multicurrency  environment for customers that are not using the functional currency.  I am unable to apply as I enter each receipt as the apply button is greyed out. 

What is the reason for this? 

*This post is locked for comments

I have the same question (0)
  • Suggested answer
    Community Member Profile Picture
    Community Member on at

    Post the transaction and they apply. It would let you apply.

  • Jackie McNab Profile Picture
    Jackie McNab 214 on at

    Hi Sat, Thanks for your response.

    This does not answer my question as I want to be able to apply the cash receipts at the time of entering then and not have to post them first.  I am able to do this when I am working in a company that does not have multicurrency so I need to know if this is also available when I am working in a multicurrency company.

  • Community Member Profile Picture
    Community Member on at

    If you are asking for justification - I do not have that. You can say - this is how GP works. It happens with Manual Payment as well.

  • Jackie McNab Profile Picture
    Jackie McNab 214 on at

    I am sorry but I do not understand the need for that statement "If you are asking for justification - I do not have that."  

    My question was simply to understand if what I wanted to do was possible, and if not, why.  If this is how GP works then I accept that.

  • Verified answer
    Heather Roggeveen Profile Picture
    Heather Roggeveen 9,146 on at

    Hi Jackie

    The functionality you are looking for is available in later versions of GP - it came in as part of GP 2013 R2 - give or take a version.

    With that functionality, this scenario works:

    Functional Currency USD

    Invoice CAD

    Payment CAD

    You can apply the CAD payment at the time you enter it.  You can't however process Payment CAD and apply to USD invoice or vice versa at the time of entry.

    In the version you are using, you do have to enter and post the receipt and then do the apply.  I think it is because the Apply process is when the gain / loss on exchange rate is calculated.  I suspect that the code that does that was not part of the receipting function in earlier versions.  I am assuming that that is what changed in the later version - they included that calculation as part of the receipting code.

    Hope that helps clarify for you.

    Cheers

    Heather

  • Jackie McNab Profile Picture
    Jackie McNab 214 on at

    Hi Heather,

    Thanks.  Your response explains it clearly.  I have figured by now that that was how it worked and now we know how to proceed when entering the cash receipts.

Under review

Thank you for your reply! To ensure a great experience for everyone, your content is awaiting approval by our Community Managers. Please check back later.

Helpful resources

Quick Links

Responsible AI policies

As AI tools become more common, we’re introducing a Responsible AI Use…

Neeraj Kumar – Community Spotlight

We are honored to recognize Neeraj Kumar as our Community Spotlight honoree for…

Congratulations to the November Top 10 Community Leaders!

These are the community rock stars!

Leaderboard > 🔒一 Microsoft Dynamics GP (Archived)

#1
mtabor Profile Picture

mtabor 1

Last 30 days Overall leaderboard

Featured topics

Product updates

Dynamics 365 release plans