Payment Worksheet - negative vs positive sign on payment amount
I was so used to just how PS Payment Worksheet works that I never questioned this before, but someone in the business pointed this out while we were in the midst of our implementation. This person had no prior experience with PeopleSoft so had a fresh pair of eyes as you would say. After listening to that input, I have to say that I agree, and I have some feedback on that.
The main issue is that a payment from an AR perspective should be a credit amount, which is a negative sign. But in the payment worksheet, the payment amount is actually shown as positive, which is misleading. I know that you can argue that this is the invoice amount selected for payment, but really, it's not. In a payment worksheet, when you select the debit/invoice to pay, the entry type changes to 'PY' which means it's a payment, and therefore a credit.
The main issue is that a payment from an AR perspective should be a credit amount, which is a negative sign. But in the payment worksheet, the payment amount is actually shown as positive, which is misleading. I know that you can argue that this is the invoice amount selected for payment, but really, it's not. In a payment worksheet, when you select the debit/invoice to pay, the entry type changes to 'PY' which means it's a payment, and therefore a credit.
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