How payments that have amounts of zero are treated in Payables Management in Microsoft Dynamics GP
Reasons about why remittance will be printed for payments that have an amount of zero
When you open invoices for the vendor before you create the check for payment, Microsoft Dynamics GP will automatically apply remaining unapplied payments, credit memos.
After the documents are automatically applied, some vendors may have a net amount of zero. Microsoft Dynamics GP will not use a check number, but instead each document will be assigned a document number which begins as "REMITxxxxxxx" and print a remittance to show the vendor what documents are applied.
- You cannot print a check for a non-EFT payment that has a zero amount.
- Although the Print Previously Applied Documents on Remittance check box is clear in the Payables Management Setup window, the zero amount REMIT documents will still be created. Previously applied information includes documents that are applied to each other before you create the check and after you issue the last check for the vendor.
On the first remittance for a payment that has an amount of zero, the Check Number field is set to REMIT000000000000001. This number automatically increments for each successive remittance.
Consider the following scenario. You have the following transactions for the following vendors:
- Invoice1: 100.00
- Invoice4: 130.00
- Invoice2: 23.00
- Vendor Return1: 23.00
- Invoice3: 55.00
- Credit Memo1: 10.00
- Vendor1: 230.00
- Vendor2: 0.00
- Vendor3: 45.00
After you print the checks, the program prints a remittance for Vendor2. You can send a remittance to a vendor to explain why you will not send a payment to the vendor. In this example, you can send a remittance to Vendor2 to explain that Invoice2 and Vendor Return1 cancel one another out.
Note A remittance is not a check. A remittance does not use a check number. After you print the remittance, you can post checks. The next check batch will not include Vendor2 unless new documents are entered for Vendor2.
How to prevent a remittance from printingTo do this, use one of the following options.
Option 1: Use the Edit Check window to exclude the applied documents in this check batchNote These applied documents will be displayed again in your next check batch.
- Open the Edit Checks window.
- Click the batch ID and the vendor to who you want to send the remittance.
- Click Apply.
- Click to clear the check boxes for the documents that are applied to the vendor to whom you are sending the remittance.
Option 2: Follow steps 3 and step 4 from the Knowledge Base (KB) article 855957Note This option would remove all zero dollar checks in the table so that they are not included in this check batch or any future check batch.
For more information, click the following article number to view the article in the Microsoft Knowledge Base:
Reasons that remittances are not posted to Bank Reconciliation
- Remittances for payments that have an amount of zero use REMIT numbers and do not use the check number sequence defined in the checkbook. These REMIT numbers have a prefix that differs from the prefix of check numbers for other remittances.
- Remittances for payments that have an amount of zero do not use check stubs.
Id. de artículo: 861276 - Última revisión: 03/28/2016 19:27:00 - Revisión: 7.0
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