Application inquiry/Reversal (08.240.00) screen is used to void the payments which are already applied/unapplied against the invoice. There are 3 ways to void the Customer payments in Dynamics SL.

Reverse selected application

This reverse selected application can be used whenever the payments are already applied against the invoice

  • Select customer ID
  • Enter the Payment /memo number or select the Payment/memo number using possible value list by pressing F3 key for PV Lookup.
  • Select the Reverse Selected Application option.
  • Select the reference number which you want to void the payments against the invoice.
  • Click Begin Processing button to void the payment and it will create a new payment batch against the same customer with the same reference number but a different batch number with a negative amount.

Void Customer Payments in Dynamics SL 2011

 

Reclassify Application to New Customer

This option can be used to reclassify the payments from one customer to another customer.

  • Select customer ID
  • Enter the Payment /memo number or select the Payment/memo number using possible value list by pressing F3 key for PV Lookup.
  • Select the Reclassify Application to New Customer Option.
  • Select the New customer ID who you want to reclassify the payments of existing one.
  • Select the reference number which you want to reclassify the payments.
  • Click Begin Processing button to reclassify the applied payments to the new customer with same reference number but different batch number.

Dynamics SL

 

Void Selected Application (NSF Check)

This option can be used to void the selected application which is not applied to any invoice.

If you want to collect the NSF charges for the check from customers, you have to check the Charge NSF Fee.

  • Select customer ID
  • Enter the Payment /memo number or select the Payment/memo number using possible value list by pressing F3 key for PV Lookup.
  • Select the Void Selected Application Option to void the payment which is not already applied to any invoice.
  • Check the Charge NSF Fee if you want to collect this charge from the customer.
  • Click Begin processing button to void the payments which have not been applied to any invoice and also it creates the NSF charge. The user can refer the NSF charge in journal Transactions screen to initialize mode.

MS Dynamics SL

 

NSF ChargeNon Sufficient fund charge is the term which is used in the Bank to indicate a cheque or demand draft cannot be honored because insufficient funds are available in the account. We can simply say as “bad cheque”.

The user has to set the NSF Charge amount in AR Setup (08.950.00) screen. This fee will be charged to the Customer in case of insufficient funds.

Microsoft SL

 

The user has to set the default NSF charge account in AR Setup (08.950.00) under Payment Accounts tab

MS SL

 

 

Tags: Dynamics SL 2011 | Comments Off

previous post: Dynamics MS CRM 2013 – New Server Roles and Services next post: Offshore developers as to project outsourcing – the shifting trend

Comments are closed.

Archives

2016
2015
2014
2013
2012
Congruent Facebook Twitter Slideshare