Clearing vendor negative amount

[BMcIsaac]

I have a vendor showing a -.09 amount (meaning that we overpaid by .09). How can I clear this out in Mas 90 so that the vendor is showing a zero balance?

 

[Michael514]

Hi BMcIsaac,

Have you tried entering a Debit Memo for the supplier for 0.09 cents. This would cause the account to be at zero for reporting purposes

 

[BMcIsaac]

Does MAS 90 allow debit memos in a/p?

 

[Michael514]

Well... yes.... kindaof,

What you do is process a negative invoice. In the invoice number either prefix it a "DM-" of suffix it with "-DM", so that you can tell internally that this is a Debit Memo.

 

[10DogMom]

You can also just pull up the invoice in Invoice Data Entry and choose to Adjust (button) positive .09 and that will take care of THAT. If you do a debit memo, you then have to go to Manual Check and do the APP thing.