Archives
In Syteline 8, there is an utility program called Void AP Posted Payments Utility, which you can use to void an AP posted payment. But if any of the following conditions exist, you can’t use this utility. 1) Multi-site environment 2) You compress Journal transactions 3) You are trying to void a manual type check […]
When doing an AR payment posting, if there are multiple payments from same customer or differ customers, the cash account entry will be consolidated into single one. So in Bank Reconciliation, there will be single total line cash record, instead of check by check. For example, 1. Create Payment Customer 1 : Cheque Amount = […]
Parameters can be setup on the Accounts Receivable Parameters form. A Returned Check Fee amount can be entered there. They can also designate to create Debit Memo for the customer for the returned check amount, plus returned check fee amount. In order to create a Debit Memo to send to the customer when a check […]
Basically, this is handled through a 3-Step Process. Cut the check to the vendor, designating it as an Open payment. Receive and voucher the purchase order. Reapply the open payment against the voucher generated. Below are the steps for handling this process. The process for handling Deposits or Pre-Payments to Vendors is as follows: 1. […]
Open Payments in SyteLine AP are designed to record a payment as an asset and to later allow reapplication of the payment to an invoice at a later date. The flow in a typical scenario is illustrated below: A check is written to a vendor for a $5000 deposit (50%) on a capitol asset purchase. […]