After I receive Prepayment, what does Accounts do next? in Navision 2018?

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Posted on by joshtechsolutions

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Hi,

May I ask what does the Accounts do in Navision after they received PO to make payment?

Thank you

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Deseree Krumm on at

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RE: After I receive Prepayment, what does Accounts do next? in Navision 2018?

Hello Josh. Could you clarify your question for the community? Are you wanting to know what accounts are affected once a PO is received? More details of your request would be greatly appreciated.

Thank you!

Warm Regards,

Deseree Krumm - Business Central Support

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Community Member on at

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RE: After I receive Prepayment, what does Accounts do next? in Navision 2018?

Josh,

After you create a Prepayment Invoice, for the PO, and the Prepayment Invoice is paid by the company (Payment Journal), the PO Status is Released. After the PO is Received and Invoice Posted, the Prepayment is reversed and any remaining balance off the Post Invoice will be reflected as a Payable to the Vendor.

Hope this helps.

Thanks,

Steve

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joshtechsolutions 4,947 on at

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RE: After I receive Prepayment, what does Accounts do next? in Navision 2018?

Hi Steve,, that part where by you mentioned the pending prepayment status is release, how does the system know that?

What does the purchaser or the accounts need to do to trigger that release?

Thank you!

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YUN ZHU 93,654 Super User 2025 Season 2 on at

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RE: After I receive Prepayment, what does Accounts do next? in Navision 2018?

Hi, do you want to know how to set it up?

More details: https://docs.microsoft.com/en-us/dynamics-nav-app/finance-set-up-prepayments

Hope this will help.

ZHU

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RE: After I receive Prepayment, what does Accounts do next? in Navision 2018?

Josh,

Attached is my Prepayment NAV handout. Look this over as it will give you both Setup and processing steps. To answer the question, the Pending PrePayment Status is updated via a Job Queue that runs. You will need to setup this Job Queue to change from Pending Prepayment to Released. Have you Partner help with the Job Queue setup.

If you need help I can always do a Teams meting to see your side and try to assist.

Thanks,

Steve

3312.Prepayments.docx

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