AP Payment

[eqiu (Eddy)]

Hello,
I have a question in AP payment and ask for help.
our finance put one supplier for invoices when invoices paid by credit card. For example, Invoice 123 and Invoice 234 paid by MasterCard(MasterCard is the supplier) and these invoices posted. after one month, when they got the bank statement, they know what exact card they use to pay. Invoice 123 use MasterCard but Invoice 234 use Visa
Now, they want to reverse and transfer the amount to the right GL.
Question, can this be done in the Payment entry? what is the best practice for this scenario.

thanks,

Eddy

[Mark_Wonsil]

This has been Epicor’s recommendation for Credit Card purchases in AP:

AP Question

For version 3.0, below is a procedure suggested by Epicor that we use. You basically enter an invoice to the credit card getting all the $ to the right g/l accounts and pay that invoice. You then enter invoices for all the po receipts to each of the vendors that were on the credit card (the receipts get the costs to the jobs). Then you do invoice adjustments to each of these vendor receipts to adjust them to zero. From epicor: Summary AP Credit card statement for multiple vendor PO …

You’ll find other links repeating the same process in a search.

[eqiu (Eddy)]

thanks so much