Thursday, 21 June 2018

What is a zero pay?


What is a zero pay?

 
Zero Pay is the Process of Making Zero Payment which will be adjust with the basic invoices with offsetting credit or debit memos, or to record cancelled invoices as paid so they are no longer included on the Invoice Aging Report. ... You can create a payment document defined for zero-amount payments only.
 
 
 
For Example:- If I have the Credit Memo in the System for Supplier A but I don’t want to take refund so in this case I need to close this Credit Memo in the system for this I will create the Standard Invoice for the same amount as like the Credit Memo($20) and then in the Payments Window we will do the Payment of $0 and then select both the Standard and Credit Invoice of $20 and net these invoices with the $0 payment.
 

0 comments:

Post a Comment

Contact us for any Collaboration, Project Support & On Job Support Work

Name

Email *

Message *