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Can we do a Negative amounts payments in AP and Reconcile in CE

edited Sep 26, 2019 7:18PM in Payables, Payments & Cash Management 3 comments

Summary

Can we do a Negative amounts payments in AP and Reconcile in CE

Content

Can we do a Negative amounts payments in AP and Reconcile in CE

For example 

1. We create Credit/Debit memo with -14000 ( a refund from one of the supplier)

2. We never apply this Cm/DM on invoice ( we don’t have any invoices expected in future) (we don’t want to cancel / touch the original invoice)

3. We run payment batch to pay -14000 ( it’s a check received from supplier)

4. The payment -14000 will be available for reconciliation in Cash Management (bank statement showing deposit line)?

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