If you have a large invoice entered & posted in Dynamics GP and want to pay part of the invoice, you need to do the following:
(sample invoice)
- Open the Edit Vendor Payment window.
- Enter a Batch ID into the Edit Vendor Payment window and create a new batch, if one does not already exist, and save the batch.
- Next, you will look up, or enter, the Vendor ID.
- After selecting the Vendor ID, you will click on the ‘Apply’ button at the bottom of the Edit Vendor Payment window.
- When you identify the invoice that you want to partially pay, you can enter the payment amount within the Apply Amount field (highlighted in yellow) and the payment will be for that amount only; the balance of the invoice will remain unpaid and can be paid down in parts, or lump sum, in the same fashion on future payments.
You will need to click on the ‘OK’ button to close the Apply Payables Documents window.
- If you click the ‘Save’ button, you will have the option to enter a new payment transaction within the ‘Edit Vendor Payment’ window.
If you opt to print the check for the partial invoice amount, you will need to click on the ‘Print Payments’ button on the bottom, right corner.
- The rest of the check printing process is the same as you would process any other check payment from this point forward.
For more information about Dynamics GP or how to maximize your GP investment, please reach out to us at Support@BondConsultingServices.com or click here to schedule a free consultation with one of our experts.
