I was working with a client recently who was using Prepayments and doing manual zero dollar payments using a zero dollar Payment Group version. Typically, other JDE users will utilize the Manual Payment with Voucher Match to apply the negative amount with the positive voucher that it needed to apply against. Years ago, I saw a company simply "take" the credit on the next payment to the vendor regardless of whether the actual prepayment was part of that payment or not.
This week, Ask Denovo reminds all JDE customers that Prepayment Processing has a Prepayment Selection application, P0411P, where you can apply the negative prepayment to the positive voucher quickly and efficiently. It utilizes the Manual Payment to wash a prepayment with a voucher, but it also has the ability to SPLIT a prepayment on the chance you may have more than one invoice to apply against a single prepayment. One big reminder: You will only see Approved pay status prepayments in P0411P.
If you are not yet using JDE's out of the box and VERY slick Prepayment functionality, let us know! We can show you how!
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