I needed to apply 1 payment to several customer accounts, one in which was taking a credit which has been applied long a go. I have entered a 'payment' in negative (to my mistake) it must be reversed so I can create a DM. How can a reverse a negative cash application after posted,
thank you
*This post is locked for comments
Hi
You can actually apply a negative receipt - I like you Leslie thought you could not but I have a client who is successfully using negative receipts all the time. They have to be applied to an invoice document - but the trick is that the invoice document needs to be partly paid already. The negative receipt increases the amount outstanding on the document.
e.g. Original Invoice Amount = $1000
Partial Payment of $500 applied - amount remaining $500
Apply negative payment of $300 - amount remaining is now $800
You can't apply negative payment of e.g. $600 because that would mean the current transaction amount is greater than the original document amount.
Jeanette - Victoria Yudin did a great blog on getting rid of unwanted negative cash receipts: victoriayudin.com/.../how-to-get-rid-of-negative-payment-transactions-in-dynamics-gp
I have used this very successfully a number of times.
Cheers
Heather
Jeanette,
This is a tough one. Have you tried to void it? You say you've applied it, what did you apply it to? The system will let you post a negative cash receipt, but I didn't know you could apply it to anything.
Kind regards,
Leslie
Stay up to date on forum activity by subscribing. You can also customize your in-app and email Notification settings across all subscriptions.
#1
André Arnaud de Cal...
291,280
Super User 2024 Season 2
#2
Martin Dráb
230,214
Most Valuable Professional
#3
nmaenpaa
101,156
Share
Report
All responses (
Answers (