Hello
Me again :-)
I have another couple of questions you may be able to help with. These should be quite simpler than my Spanish dilemma.
1) we do a lot of prepayments in the UK, by where we pay for large quantites of goods upfront and order them as we need them until we close the contract and receive either a credit or an invoice from the supplier for the balance remianing.
Can you tell me if the process below is correct with regards to using the prepayment functionality in AX2012
Example:
We pay upfront for 10 laptops @ £100.00 each, invoice is for £1000.00
We create a 'prepayment posting profile' (ledger 9224 prepayment).
We create a PO with one line for 10 units at £100.00 unit price (ledger 2001 computer).
We click 'prepayment' on the PO and enter £1000.00
We click 'prepayment invoice' and post an invoice onto the vendor account for £1000.00
We pay the invoice as normal using a 'payment journal'.
During the month we receive against the PO say 9 laptops.
We close the contract with the supplier who then issues us a credit for 1 laptop for £100.00.
This is where I need clarification if this is correct.
Go to PO and click 'invoice', next click 'apply prepayment'.
Will doing this (ledger speaking), reverse the original prepayment of £1000.00 currently sat on the ledger and post the £900.00 to computers on the ledger, indicated by a credit balance sat on the vendor account for -£100.00.
ie
1) Prepayment invoice
£1000.00 (9224 prepayment Ledger)
Total on vendor account £1000.00
2) Final invoice/credit
-£1000.00 (9224 prepayment Ledger)
£900.00 (2001 computer ledger)
Total on vendor account -£100.00
2)
Finally, we have a report created in an older version of AX, which identifies each "open" Prepaid Purchase Order in a table with columns as follows:
1) Purchase Order Number
2) Value prepaid
3) Value of goods received so far
4) Value of balance left on contract
Is there such a report in AX2012 that identifies prepaid purchase orders like this?
Again, many tanks for your help.
