Discussions
Stay up-to-date with the latest news from NetSuite. You’ll be in the know about how to connect with peers and take your business to new heights at our virtual, in-person, on demand events, and much more.
Now is the time to ask your NetSuite-savvy friends and colleagues to join the NetSuite Support Community! Refer now! Click here to watch and learn more!
Returned Vendor Prepayment Handling
My colleague made a vendor bill payment. the vendor then took took the bill amount via Direct Debit (DD) but bill was already paid.
To rectify my colleague created a vendor prepayment to reflect the DD. Once the vendor paid back the DD, my colleague created a Deposit.
I have two questions from this:
- Considering the vendor prepayment limitations, was this the best way to handle the DD in this scenario?
- How can I clear the vendor prepayment so it doesn't end up being used against a future vendor bill?
Tagged:
0