Hi.
I am new to Dynamics Business Central in a new bookkeeping role, with a lot of historic clean up to do over the past few months.
While learning the bank reconciliation process, I have been hitting a bit of a brick wall with researching how to correct penny discrepancies on VAT amounts on posted sales invoices for orders that have shipped.
I have tried unapplying the payment on a posted sales invoice, and then attempting to use the correct function to 'create corrective credit memo'. I was under the impression this would create a credit memo to reverse the posted invoice & create a new unposted invoice with mirrored information, on which I would be able to amend the VAT amount accordingly & then reapply the payment to the corrected invoice
However, I believe due to the fact the orders relating to these posted invoices have been shipped, that this is not working. The invoice still shows as posted & no unposted sales invoice is generated for me to apply the correction to.
If anyone could enlighten me on the best method to make these VAT rounding corrections, or if it is even possible on posted sales invoices that have shipped, I would be eternally grateful.
Our invoices are generated from sales orders & posted at the point of shipment, and incoming payments are automated & linked to the bank. Going forward this will be fine, but as I have just started in this role, I have quite a few of these rounding errors to correct on the invoicing side to reconcile to the bank correctly.
Thanks,
Matt
