Just want to confirm our thoughts on why 2 AP Payment Entry Groups are not posting. We have 2 groups that when selecting all AP invoices for payment processing along with credit memos, we ended up with the credit memos were more than the total amount of invoices thus showing a “negative payment” for the group and not posting to GL. Thoughts are these will post once more invoices are selected against same Supplier and have a “positive” payment total. For exampe: four items selected shows total ($68,127.29), once more invoices are processed and selected totaling more than that amount the group will post since it will have a positive amount say for $10 to be paid to the Supplier. Is our theory correct? If not, what do we need to do to get the 2 groups with the negative amounts to post properly?
Thank you in advance.
Your theory is likely correct. We remove the credits from the payment entry until we have enough to cover the credits, often carrying them over another week or 2 or more until invoices come in. Why are you trying to post with a negative? You can’t cut a negative check, so E10 is blocking you from entering that.
Thanks that’s what I thought. This is for an intercompany account that we do “netting” to so the totals need to match, we don’t actually “cut checks” but still…plus different person handles the disbursements and he was just matching to his list not ‘calculating’ the amounts…becomes automatic and sometimes doesn’t realize. LOL But thanks for the clarity.