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AP Reserve Invoice & Goods Receipt Reversal/Adjustment

Former Member
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Hi Forum,

 

I have a difficult situation to rectify and would like to get some feedback from the experts.

 

The Accounts Department create an AP Reserve Invoice and accidently entered a 50% discount and paid the total in full. No GRPO was created for this invoice. Later the same accounts department made an Outgoing Payment to the same supplier for the remaining 50%.

 

The Warehouse, in the meantime has create a Goods Receipt for the same stock at the right price. Not a GRPO.

 

So, I have an incorrect AP Reserve Invoice with a payment applied, an outgoing payment applied to a cutomer without a AP Invoice,and a Goods
Receipt that does not relate to a customer or cost of goods sold. Stock Levels are correct.

Thank you,

Accepted Solutions (0)

Answers (2)

Answers (2)

former_member218051
Active Contributor
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Hi Katselos,

In addition to what Naga Rajan has said, do cancel payment entries too.

thanking you

Malhaar

kothandaraman_nagarajan
Active Contributor
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Hi,

1. Use Goods issue to decrease the stock

2. Raise Good receipt PO

3. Raise A/P invoice

Then it will become correct record.

Thanks & Regards,

Nagarajan