Vendor advance payment

[former_member187989]

hi all,

We have a problem with our client they have made advance payment to a vendor using outgoing payment on account option,Now they want to adjust this amount against AP invoice in outgoing payment for same vendor.How to solve this problem ?

Jeyakanthan

[Former Member · Accepted solution]

Lets assume the following Scenario.

An outgoing payment on account is made to a vendor.

This pament is to be adjusted against an invoice given by the vendor.

Solution:

Open the outgoing payments screen and go to the corresponding outgoing document.

Now, Clikc on GOTO -> Link to Invoices.

All the open invoices appear.

Now select the invoices you want to link against this Payment on account.

Click Update.

[Former Member · Accepted solution]

Hi

I had tried wat u had said but iam unable to link the invoice to that payment

Regards

Nani

[Former Member · Accepted solution]

If you are using 2007B, this feature of "Link To Invoices" is removed.

[Former Member · Accepted solution]

Probably your payment amount and invoice amount are not equal.

Regards,

Sandeep

[former_member583013]

Do you mean the outgoing payment was processed checking the Account radio button and selecting a GL Account?

If this is the case then the Vendor account would not have this advance payment and in order for it to appear you might need to create a JE crediting the G/L selected in the outgoing payment lines and debiting the Vendor.