123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL >> Hardware-Software >> View Article

Sage 100 Support - How To Reverse A Check Submitted To An Incorrect Vendor

By Author: Jennifer Brien
Total Articles: 3

Larger organizations having a larger number of retailers, often discover themselves choosing the incorrect vendor for payment. In Sage 100 (previously known as MAS 90) if a vendor number is alphanumerical it might be even more perplexing if they begin with the identical letters. If they're only numerical it could be even more complicated to ascertain the appropriate vendor is chosen for payment. So you must be wondering what can be accomplished if the incorrect vendor is chosen for payment and the check run is finished. let's find out some easy steps to fix that issue in Sage 100.

Let's consider a usual real-life instance. A check has been authorized. The vendor states he hasn't acquired the check. After some time you're certain that the check has been delivered to the incorrect vendor.

In Sage 100 there's a straight-forward but productive solution in a step-by-step procedure:

1 - In Sage 100 click on Account Payable 'main' menu

2 - Choose 'Manual Check Entry' option

3 - Enter your check no that need to be reversed

4 - Then at prompt you'll find a check reversal option. Click your mouse on 'yes'

Note: In Sage 100 language, swapping a check signifies to inverse the effect of having authorized the check; i.e payment of the retailer's invoice is inversed, and also the general ledger allocations are inversed.

5 - At prompt you'll find 'Recall original invoice?' Click on 'yes' button

6 - Finish check reversal and 'Accept'

7- Print & update Manual Check Register

8 - Come back to 'Manual Check Entry' option

9- Then enter the identical check number

10 - At Prompt you'll be displayed a phase, 'Is this a check reversal?', Click on 'No' tab and choose correct vendor.

11 - Then move to 'Lines' tab and choose invoice for payment & click 'accept'

12 - Print & update Manual Check Register

In Sage 100 it's essential to keep in mind at this point the Daily Transaction Register must be updated as well. To ensure all postings are perfect it'd be recommended to go into both the new and original vendor to ensure the postings were made perfectly. Quite often while fixing any kind of entry or transaction, you take a relaxed approach and thin you had done all steps appropriately.

This article is written by Accounting Business Solutions By JCS - a major retailer of different versions of Sage accounting software in the USA. For any type of Sage 100 support , call us now!

Total Views: 60Word Count: 401See All articles From Author

Hardware/Software Articles

1. Why Social Throb Is The Best Brand Reputation Management Tool In India?
Author: Hendri Larson

2. Social Media Reputation Management
Author: Hendri Larson

3. Online Reputation Management Services
Author: Hendri Larson

4. Effective Strategy & Best Practices Of Qa In Devops
Author: Michael Wade

5. Dreamteam's Literom As University Erp Software
Author: Mukesh Tiwari

6. Unlocking Electric Vehicles Industry Potential With Excellon 5 Platform
Author: Rahul Sutraj

7. The Importance Of Load Testing In Software Testing
Author: Michael Wade

8. Crm | Ecrm | Crm Software | Crm Solutions
Author: John Cole

9. Erp For Automotive Manufacturing
Author: Eresource Infotech

10. Erp For Steel Manufacturing
Author: Eresource Infotech

11. Erp For Lean Manufacturing
Author: Eresource Infotech

12. Erp For Chemical Manufacturing
Author: Eresource Infotech

13. Erp For Plastic Manufacturing
Author: Eresource Infotech

14. Erp For Batch Manufacturing
Author: Eresource Infotech

15. Erp For Garment Manufacturing
Author: Eresource Infotech

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: