Applying One(1) Cash Receipt/Payment entry to Multiple Invoices

Answering one of these Questions will definitely add to your knowledge Dictionary:

Within the same Cash Receipt Journal Batch (or even when using different Batches), is it possible to apply multiple Invoices to the Receipt?

First Solution:

When I use the "Apply Entries" button, if I try to apply multiple Invoices to the same Invoice, and click the set "Applies-to ID" one each of the Invoices from the page, and a combined Amount computed from the combination of the applied Invoices

Second Solution:

Just not apply the deposits to the invoice directly in the deposit ticket but leave them unapplied.
Then they go into the customer afterwards - into the cust ledger entries & use apply entries to apply them all together.

Comments

The Difference Between Microsoft Dynamics NAV and AX

The Difference Between Microsoft Dynamics NAV and AX Microsoft Dynamics offers a variety of ERP solutions. You might say there is a solution for every purpose and every industry. Two of the offerings, Dynamics NAV and Dynamics AX (now part of Dynamics 365 ) share some of the same features so you might wonder: ‘what are the differences and which is right for my organization?’ Both ERP solutions are highly customizable, available in and adaptable to many languages and currencies used around the world. The two solutions can also be employed in a central location or across diverse satellite locations and are designed to grow as a business grows. Their industry-specific functionality can assure compliance with local and regional requirements. In short, both solutions could rightly be described as comprehensive and well equipped to manage complex requirements of supply chain and inventory. So, what is the difference? Is one better than the other for your...

Office 365 integration in a Dynamics NAV hosting environment

Office 365 integration in a Dynamics NAV hosting environment We from the Microsoft Dynamics NAV support team (Microsoft CSS) see an increasing number of support cases coming in related to Office 365 integration in a hosting environment. This range from the relatively new Edit in Excel feature or the relatively new Outlook Business Inbox to the more familiar Office 365 Single Sign On functionality. This blog post is intended to help you to first discuss the requirements with your customer, it may also help you to understand the difficulties. It should be relatively easy to implement these capabiltities, but since there are so many external components that require different configuration setup, we may end up in high labor intense support cases where we need to put all pieces together. This blog post will hopefully serve as a guide where we summarize all relevant documentation that is out there. Finally, we will showcase a typical environment with several Azure AD’s amo...

Purchases and Direct Cost Applied Accounts in Microsoft Dynamics NAV

Purchases and Direct Cost Applied Accounts in Microsoft Dynamics NAV When working on new Dynamics NAV implementations (and for that matter, existing NAV solutions), we get a lot of questions about the Purchases and Direct Cost Applied Accounts—namely, what are they used for? We were trained in accounting that, when an inventory purchase receipt is invoiced (vouchered), we would debit the Inventory Account and credit the Accounts Payable Account and be done with it. Dynamics NAV doesn’t handle it that way. When we look at the General Posting Setup in Dynamics NAV 2013 (see below), we see that there is a column for the Purchases Account and the Direct Cost Applied Account. Figure 1 - General Posting Setup in Dynamics NAV 2013 When a purchase receipt is invoiced (vouchered) in NAV, we get the following General Ledger entries: Dr Purchases Account for the Actual Invoice Amount Cr Accounts Payable Account for the Actual Invoice Amount Dr Inventory Account for the Ac...

Microsoft Dynamics Nav Uganda, Microsoft ERP Solutions Community East and South Africa

Search This Blog