Advance Billing/Deposit Balance Report

Yahoo Archive
1
Okay, here's the problem:

When we run the above report it shows that a customer has a deposit
balance of $1,237.10 for a particular Sales Order. But when we invoice
a shipment for that Sales Order, no deposit balance comes over, which is
correct because we used up all the deposit money. I think what happen,
was there was a mistake in the original shipment, which got credited and
reinvoiced. Anyway my question is how do I get the balance off the
report?

Kathy Hambleton
Electron Energy Corporation
717-898-2294
717-898-0660 (fax)
2
Version 5.00.329 upgrade from 3 a month ago.

I don't recall seeing any other complaints about this, so I assume I'm
missing something, but as we are running the system I don't agree with the
logic on the Advance Billing/Deposit Balance Report.

As an example:
Sales Order for 100 units @ $1,000 = $100,000
Deposit invoice for 50% = $50,000
Ship 10 units @ $1,000 = $10,000 less $5,000 deposit plus $500 freight =
invoice $5,500.

Deposit balance should be $50,000 less $5,000 applied to invoice = $45,000.
This is what the Sales Order Tracker Summary shows.
Transactions on the ledger are: Credit for Deposit Invoice $50,000, debit
for applied deposit $5,000, net $45,000.

Deposit per Advance Billing/Deposit Balance Report = $44,500
I assume it is calculated as $50,000 deposit invoice less $5,500 shipping
invoice.

Has anyone else run into this?


* Rob McFarlin, Controller
* Accel Group, Inc.
325 Quadral Dr.
Wadsworth, OH 44281
* (330)336-0317 x114
* FAX(330)336-1224
* <mailto:RobM@...> RobM@...

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