Adjust Vendor Payments |
You can find this function at AP, Adjust Vendor Payments. Use this function to adjust the payment totals made to a vendor so they can both reflect the correct amount and facilitate preparing 1099’s. If you started using the system after the first of the year you can alter the year-to-date payments without affecting the checkbook balance. Date Use this date box to enter the posting date you want on the transaction. Vendor Select the vendor profile from the field. Ledger Use this Combination box to select the ledger. Although this field is required, no transaction will be reflected in the ledger. Increase, Decrease Vendor Payments Use the Amount Enter the amount of the adjustment. Memo If you choose you may enter a memo. Comment A freeform field for comments. Payments for Year This protected field contains the total amount of payments made for the year. Adjustment This protected field contains the amount of the adjustment. Final Payments This protected field is the net of the Payments of Year and Adjustments fields. |
radio button to indicate whether to increase or decrease the amount.