Thank you for supporting the Cloud Customer Connect Community in 2024. It's a gift to work with you!

Look back
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Zero Amount Payment

edited Aug 8, 2019 7:30AM in Payables, Payments & Cash Management 2 comments

Summary

Apply credits up to zero when total of Invoice and Credit Memo is zero

Content

Enabling the Zero Amount Payment feature allows the payment process to apply credits when the credits reduce the payment amount less than zero.

For example, An Invoice for 100 USD and a Credit Memo for 102 USD are due for payment. Applies 100 USD of the credit memo to the Invoice and creates a Payment for 0 USD. The remaining credit is 2 USD.

if Invoice for 100 USD and Credit Memo for 100 USD. Will this apply the credits up to zero? if yes, is it possible to exclude from automated Zero Amount payments run?

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!