Invoice/Payment Application

niimodin

Hello Experts

Why is it not possible to apply say:

Payment on a date 13-10-08 to and Invoice on the date: 18-12-08.
Is it a setup problem?

I have also noticed that if the document type was not specified as payment, when u want to appy to the invoice, the payment tolerance message box does not appear.

Can someone help me out?

Thanks

kapil4dynamics

niimodin wrote:

Hello Experts

Why is it not possible to apply say:

Payment on a date 13-10-08 to and Invoice on the date: 18-12-08.
Is it a setup problem?

I have also noticed that if the document type was not specified as payment, when u want to appy to the invoice, the payment tolerance message box does not appear.

Can someone help me out?

Thanks

I think spending some time with product and pdfs will for sure help u. Tolerance works for payment only and how come u can receive payment against something which has not been invoiced and NAV checks this concept by posting date.

niimodin

Thank you.

I understand what you are saying just that my client has some special cases.
They sometime have to transfer the money to the Vendor before the raw material arrives.
When the vendor confirms that the material is onboard the ship, the money for the payment is transferred.
On the other hand, the invoice and receipt is only posted when the raw material arrives.

Thank you again for your help

chengalasettyvsrao

niimodin wrote:

I understand what you are saying just that my client has some special cases.
They sometime have to transfer the money to the Vendor before the raw material arrives

On what document base they transfer money to vendor before the rawmaterial arrives.

don't u receive any proforma invoice to transfer money ?

chengalasettyvsrao

if you are looking for Prepayments which is available in Nav 5.0 & 2009.

follow these steps :

Create the new Vendor and define the prepayment % in Invocing Tab.
Create the new item and define the Prepayment % in Item card

Create a Purchase order with that vendor and Item with a prepayment requirement.

Create the prepayment Purchase invoice

then pay the prepayment amount to that vendor

Apply the prepayment amount to that prepayment invoice .

receive the materials .

Create a purchase invoice for the total amount of the purchase order minus the prepayment amount.

pay the payment to vendor and post the payment to the purchase order.

niimodin

The document upon which the payment is made is the Sales Quote.
I must say that is a special arrangement.

Don't worry too much. If it is not possible to be handled in Navision, I have to advise my clients to change this arrangement.

I am using Navision 4.0 SP2

ThankS