AP Advance Payment

Yahoo Archive
1
This has been resolved in version 5.0. The advance payment comes into the
invoice automatically. I see two choices:

1) Upgrade.
2) Require all terms to be noted on the PO and that the prepayments be
clearly noted so that the payables clerk will know that a prepayment has
been made. Documentation is the key.

In my opinion both items above should be done.

Edward F. Fox, Jr., CPA
Controller
Maxson Automatic Machinery Company
Phone: 401-596-0162 x110
Fax: 401-596-1050
www.maxsonautomatic.com


-----Original Message-----
From: Vladimir Tigay [mailto:vtigay@...]
Sent: Tuesday, October 22, 2002 2:04 PM
To: Vantage@Yahoogroups. Com (E-mail)
Subject: [Vantage] AP Advance Payment


Is there a way to prevent payments for a product that has been already paid
for through Advance Billing?

We issued a PO and made Advance payment. Then, after shipping the product
to us, Supplier sent an invoice which AP Clerk entered as Receipt Billing
Line. Eventually, the invoice was paid in addition to the Advance Payment.
Any idea how to stop it? We run V3.0.

Thank you.

Vladimir Tigay



Useful links for the Yahoo!Groups Vantage Board are: ( Note: You must have
already linked your email address to a yahoo id to enable access. )
(1) To access the Files Section of our Yahoo!Group for Report Builder and
Crystal Reports and other 'goodies', please goto:
http://groups.yahoo.com/group/vantage/files/.
(2) To search through old msg's goto:
http://groups.yahoo.com/group/vantage/messages
(3) To view links to Vendors that provide Vantage services goto:
http://groups.yahoo.com/group/vantage/links

Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
2
Is there a way to prevent payments for a product that has been already paid
for through Advance Billing?

We issued a PO and made Advance payment. Then, after shipping the product
to us, Supplier sent an invoice which AP Clerk entered as Receipt Billing
Line. Eventually, the invoice was paid in addition to the Advance Payment.
Any idea how to stop it? We run V3.0.

Thank you.

Vladimir Tigay