web

You’re offline. This is a read only version of the page.

News and Announcements icon

Dynamics 365 CommunityForums Microsoft Dynamics GP (Archived) Cash Receipt Application

Microsoft Dynamics GP (Archived)

Cash Receipt Application

(0) Share

Report

Report

Posted on by Partha_vv

25

I have created cash receipt for amount USD 500. Posted it to GL.

Applied receipt against invoice for amount USD 300.

I am not able to see any new Journal getting posted for Cash Application. Is it expected behavior in Dynamics GP. Or am I missing some step.

Thank you,

Partha

*This post is locked for comments

I have the same question (0)

All responses Img

All responses (2)

Answers Img

Answers (1)

Sort by

Richard Wheeler 75,854 Moderator on at

Like (0)

Report
Copy link

Link copied!

There is no ledger entry created corresponding to applying cash receipt to an invoice. Now if you had an invoice for $500 and applied a payment of $300 and wrote off the remaining $200 that would result in a debit to write off expenses and a credit to AR. If the $200 is just sitting there waiting to be applied to another invoice then no ledger entry is created as AR has already been credited.

Was this reply helpful? Yes No
Verified answer

Partha_vv 25 on at

Like (0)

Report
Copy link

Link copied!

Thank you Richard.

Was this reply helpful? Yes No

Helpful resources

News and Announcements

Check out the Community Spotlight Video Series

Quick Links

Leaderboard > 🔒一 Microsoft Dynamics GP (Archived)

Last 30 days Overall leaderboard

Featured topics

Product updates

Dynamics 365 release plans