AP Help

[DawnEItel]

Hi I am fairly new to the Epicor team & have an AP question. We have quite a few prepayments on our “prepay” report & than we receive the items so they are on my RGNI report. What is the easiest method to offset these entries? Our AP “expert” retired last year and never taught me this step

[arrobatony (Juan Vazquez)]

Recognize your liability with an AP invoice Entry (Full Amount) to clear your RNI balance to AP trade account

Then use the menu Apply Debit Memo/Prepayment to apply your prepayment (similar to apply a Debit Memo)

Once that is done your process is complete.

Hope this helps

[DawnEItel]

I got the first part, but I don’t get the apply debit memo/prepayment option. What icon is this under?

[Eric_Howell]

[DawnEItel]

Thank You both! This helped a lot!!