Negative Posting using FP05

[shahidulalam_siddique]

Hello Experts,

I'm facing problems posting negative entries using FP05, I checked the forum and found the thread I'm trying to configure as per the solution provided in the thread but I'm getting message to correct the debit/credit indicator which you can see in the attached image.

Quick responses will be highly appreciated.

Thanks,

Shahid

[AmlanBanerjee · Accepted solution]

Shahid,

Combination of main/sub 0060/0010 will always be credit, where as combination of 0060/0020 will always be debit.

Now in FP05, if you want to post a negative payment lot, just put a - sign after the payment amount in the payment lot, it will post a debit entry against the contract account.

Hope it helps..

Thanks,

Amlan

[shahidulalam_siddique]

Many thanks for the reply.

Please confirm if I've to allow the manual posting for both 0060/0010 & 0060/0020. Right now I haven't allowed the manual posting in 0060/0020.

[AmlanBanerjee]

Hi Shahid,

You don't need to check the manual posting allowed tick.

However, on the other note, what is the Business scenario against which you want to do this activity.

If its a one-off, then its fine, other wise its not recommended to post negative entries through payment lot.

Thanks,

Amlan

[shahidulalam_siddique]

Hi Amlan,

It's not one time activity. Actually we need to post credit against the cancelled invoices within a lot, we have amounts sat on the suspense account because the consumer has taken credit against the cancelled invoice therefore we need to transfer between accounts to enable the posting and the users want to avoid it. If we are able to post the credit this could stop the transfers and all the payments could be posted to the correct accounts.

Thanks,

Shahid

[shahidulalam_siddique]

Hi Amlan,

Can you suggest if there are config settings for the payment lot? As I've tried to post the debit entries the process gets terminated. Can you please tell if we need to check anything else.

Thanks,

Shahid

[william_eastman]

For what reason does it terminate?  As long as you have the transactions and account determination configured, then it should process successfully.

[william_eastman]

Shahid:

Why would you post a negative within a payment lot?

regards,

bill.

[shahidulalam_siddique]

We have negative line items in our payment file and we need to post them.