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Hello,
What are the differences/implications in Dynamics of specifying DISTTYPE MISC (8) instead of PURCH (6) when importing invoices into the PM module?
Thank you,
Randy.
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Addition to the above valuable suggestions.
If you using the Document Type as Invoice, at least one distribution type should be PURCH and the some of this distribution line amounts should be equal to the purchase amount of payable transactions entry window.
The same way, if you using the Document Type as Miscellaneous, at least one distribution type should be MISC and the some of this distribution line amount should be equal to the miscellaneous amount of payable transactions window.
Note: MISC is used to segregate the some miscellaneous charges payables to the vendors and Invoice is used to book original purchase payables charges to the vendors. The account wise impact is same for both documents, but it is used to identify the payables as more details.
Hope this helps!!!
Randy -
In Vendor Maintenance (Purchasing > Cards > Vendor) there is an Accounts Button. Clicking this button opens the Vendor Account Maintenance Screen. Numerous Default Accounts can be assigned, so when entering transactions, the accounts default on the transaction. Purchases and Miscellaneous are to of these accounts.
During Voucher/Vendor Invoice entry in the Payables Transaction Entry Window, you will find both Purchases and Miscellaneous fields. Dynamics GP will create GL distributions using the default accounts assigned to these matching fields in Vendor Account Maintenance.
Default accounts, and a host of other Vendor Options can be rapidly assigned to vendors using Vendor Classes. Failure to assign default accounts at the Vendor or Posting Setup level will result in distribution accounts needing to be manually assigned to each transaction.
Distribution type MISC - The amount at distribution with type MISC should equal to the Miscellaneous amount field of parables invoice.
where as
Distribution type PURCH - The amount at distribution with type PURCH should equal to Purchases amount field of the invoice.
Cheers!
Sanjay
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