Penny Invoice balances due to rounding

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Greetings: We have many vendors with one cent balances due to rounding errors in the system. How can we remove these from the Open Invoice Register? I have dozens of these $.01 balances.

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    Go to AR Periodic Processing > Create Write-off Batch.  In the amounts, enter -.01 to .01 (or a larger range if you prefer).  Fill in the other selections on the screen if you want to have other criteria, and then click Process.  It will create an Adjustment Batch in AR that you can post to clear these transactions.

    One thing to note though:  unless something has changed in recent versions, adjustments with a zero balance still show on some reports.  You have to edit those in Crystal to tell it not to show transactions where balance = 0.

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  • 0

    Go to AR Periodic Processing > Create Write-off Batch.  In the amounts, enter -.01 to .01 (or a larger range if you prefer).  Fill in the other selections on the screen if you want to have other criteria, and then click Process.  It will create an Adjustment Batch in AR that you can post to clear these transactions.

    One thing to note though:  unless something has changed in recent versions, adjustments with a zero balance still show on some reports.  You have to edit those in Crystal to tell it not to show transactions where balance = 0.

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