Vendor Balances - Application of entries

sriram_venkat

Hi

We have a situation for a vendor where there were some wrong entries for year 2010. So the client decided to close the year 2010 and upload fresh balance for 2011. So we took the balance of vendor as on 31-Dec-2010 and passed a journal entry for the same balance as on 31-dec-2010. The Application method is set to Apply to oldest.

During this process of application, the system does not apply all invoices of 2010...It keeps some "Random amount" as Remaining amount of one or two 2010 invoices and applies that "Random amount" on one or two 2011 invoices. This means that one or two 2010 invoices are still open and 2011 invoices are adjusted partially which is weird.

Since i had set "Apply to oldest", i was expecting the system to knock off all 2010 invoices with this journal as the balance amount matched.

Am i missing something here? Please let me know