Write off outstanding cents

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Posted on by John32

Hello Experts,

I am pretty new in using Business Central and I have got some cents outstanding in some Vendors account.

Long story short, the payment was applied to an invoice and in most of the cases there is 1 cent up in the invoice so I need to write that one off to match the actual payment which is 1 cent less.

I am aware of that in customer receipts, at the time of applying the payment, the tolerance payment can be set up so these small balances would be sent straight away to a designated code.

Would anyone know which function and how I could get ride of all that without reversing and reposting the invoice?

Thank you very much before hand.

Regards,

John

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Valentin Castravet 32,691 Super User 2026 Season 1 on at

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The payment tolerance functionality works for both the customer and vendor side. If you have it setup for vendors then in the vendor ledger entries you can un-apply the payment from the invoice and apply it again. When you apply it again you should get the notification regarding payment tolerance.

As an alternative, you can simply create a journal entry that debits your vendor, and credits some GL Account for the 1 cent write off. In the vendor ledger entries you would then apply this 1 cent entry to the invoice. In the end you would have 3 entries applied to each other - the invoice, the payment, and the 1 cent write off.

Valentin Castravet
Work: Zander ERP Services
Blog: Dynamics 365 Business Central Insights
LinkedIn: www.linkedin.com/in/valentin-c-0500a247/

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