I'm trying to post cash receipt journal which payment received from vendor. But it says "Positive must be equal to 'Yes' in Vendor Ledger Entry. Current value is 'No' ". How do I change the Positive from 'No' to 'Yes'?
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Hi Mororo
In General Practice we don't receive payment from the Vendor we Have to pay for the Vendor and from the Customer we Receive payments. In Navision you need to use Cash Receipt Journal to Post Customer Receipts. (Cash/Cheque) Received from customer, Cash Payment Journal we use to Pay to the Vendor.
in order provide correct answer kindly explain are trying post Payment to Vendor or your vendor has paid you?. which is not the common practice. vendor is creditor so its a liability and it will Generally have Credit Balance. your scree shot will be help us to clear understand what you are trying to post.
You need to choose Account Type as Vendor, Bal. Account No. as Bank and enter the amount in Positive.
It should work otherwise use Payment Journal to process the Payment Received from Vendor.
The answer is that you have a negative value so -123,456.78
Change this to 123,456.78
BUT, you may get stuck in a trap here. (So try it and let me know).
The cash receipt journal is normally used for processing customer payments and as a way of preventing inaccurate postings, will prevent you from posting a positive value. So you are forced to credit debtors (the customer) and debit the bank.
This may be more easily processed in NAV with a general journal, rather than the cash receipts, or vendor payment journals.
I would be tempted to do a two line journal, one to the debit the bank and one to credit the vendor.
I guess you have several (more than one) customer ledger entries with an opposite sign and the same number as the entry that you post. Check what is the value in the Apply-to Document No. in the journal line; if there is some value offered automatically, clean it. This should allow you to post the cash receipt. Then, apply needed customer ledger entries manually.
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