Posting a negative payment (adjustment) using FP05

[former_member764146]

Hello,

Is there any way to post negative payment using FP05? Actually when I tried to post it did work but only when no receivable exist on the account. If there is a receivable then it posted a debit on the account with a description write off debit. Is there any way to post this adjustment (negative) payment?

Regards,

AJAY.

[william_eastman]

What is the business process here?  A payment adjustment should be made thru returns, reversal, or as last resort as a manual adjustment via FPE1 type posting.

[former_member764146]

Thanks William. Actual our bank sends this negative payment line item in our regular payment file (through payment interface) and we want to post this. I actually I did try using FP05 - but as I said earlier it didnt work if any receivable exists.

[william_eastman]

You need to post the negatives separately in a return lot.  That is the purpose of that functionality.

[former_member764146]

Hi Will, but this is not return payment. If we use FP09 then it will create return history. As bank is adjusting this money - example. initially we posted $ 100 on a customer account then after one day they sent - $ 10 adjustment for this previous day payment. Correct payment is only $ 90 (not a customers mistake) ... if we use FP09 it will create return history. We dont want that. Thanks.

[william_eastman]

Event 0295 can be used to prevent update of returns history, e.g. for a particular return reason which is not customer's fault.

[Former Member]

Hi A-Jay,

Why would your bank report a payment of USD $100 and then take $10 out of it?   What are those $10 for?   any charge??  

[murtuza_chhatariya · Accepted solution]

Hi Ajay,

Create an entry at below SPRO path (table TE305), so it will allow negative amounts in FP05 posting.

Financial accounting>>Contract accounts payable & receivable>>Basic functions>>Postings & documents>>Document>>Maintain document assignments>>Maintain transactions for IS-U/IS-T>>Maintain transactions for payments on account

Specify company code, main transaction and sub transaction of line item (main / sub of payment) for which negative amount should be allowed in FP05. Specify SHKZG - "Debit/Credit" field as 'S' (debit), and XMANB - "Can be posted manually" field as 'X'.

Hope this is the config you required.

Thanks,

Murtuza