POP Prepayments

  • POP Prepayments

    Posted by DSC Communities on April 5, 2017 at 5:17 pm
    • Joe LaVigne

      Member

      April 5, 2017 at 5:17 PM

      Hello,

      Is there a way to create multiple prepayments on one purchase order through the Purchase Order Entry window?  I know we can enter one prepayment, but we now have a supplier that requires 50% down payment and 50% upon shipping the order.

      If the answer is ‘No’, then has anyone dealt with this scenario before? If so, what was your solution?

      Lastly, we are on GP 2013 R2. 

      Kind Regards,

      Joe LaVigne

      ——————————
      Joe LaVigne
      Supervisor, Accounting & Finance
      Key Surgical, Inc.
      Eden Prairie MN
      ——————————

    • Anne Provost

      Member

      April 6, 2017 at 8:43 AM

      Also, if anyone knows how to set it up so that the total paid can be more than just the purchase order subtotal.  I am running into a situation where the freight for the order can only be included in the prepayment amount if it is a line item on the purchase order. 

      ——————————
      Anne Provost
      Chief Financial Officer
      TNR Technical, Inc.
      Sanford FL
      ——————————
      ——————————————-

    • Pam Robertson

      Member

      April 6, 2017 at 11:13 AM

      Anne, the ability to add freight to the purchase order prepayment is a new feature in GP2016.

      https://community.dynamics.com/gp/b/azurecurve/archive/2016/04/14/mdgp-2016-r1-feature-of-the-day-prepayments-on-purchase-orders

      ——————————
      Pam Robertson
      Senior Consultant
      Diamond Software
      River Ridge LA
      ——————————
      ——————————————-

    • Matthew Arp

      Member

      April 6, 2017 at 9:00 AM

      Joe, If you have a PO for $100 and need to do two separate prepayments of $50 I believe you simply need to set the prepayment amount to be $100, then you can do 2 separate checks batches and simply just set the amount to $50.

      ——————————
      Matthew Arp
      Business Systems Developer
      Hunton Group
      Houston TX
      ——————————
      ——————————————-

    • Ricardo Carrillo

      Member

      January 22, 2020 at 1:10 PM

      Hello , 

      I have tried what you stated and have found no way to separate the prepayment amount in separate check batches. The Edit Payment option for a Prepayment Batch does not allow to adjust the amount.  I have tried this in GP 2018. If you have found a way to do this, please let me know.

      – Did you manage to find a solution to this particular scenario?  I have a client that has to do several prepayments (Example: 25% 1st Installment, 25% 2nd Installment, 50% upon shipment receipt).

      Any help is greatly appreciated.

      ——————————
      Ricardo Carrillo
      RSM
      San Juan
      ——————————
      ——————————————-

    • Michelle Carr

      Member

      January 23, 2020 at 11:34 AM

      I know that my work around is not really the way I should do it, but the way I handle multiple prepmts is to “receive” the percent of the product that I need to pay. For instance if the vendor requires 4-25% payments, then I “receive” 25% of the item and then pay that receiving.

      ——————————
      Michelle Carr
      Accountant
      AFC Finishing Systems
      Oroville CA
      ——————————
      ——————————————-

    • Jothikrishnan Narasimmaraj

      Member

      May 2, 2022 at 12:42 PM

      Hi,

      Is there a solution for this. I’m in the same situation and need to do multiple prepayments. We’re on 2016 R2. Thanks for any help! 

      Regards,

      ——————————
      Jothikrishnan Narasimmaraj
      ——————————
      ——————————————-

    • Michael Gummel

      Member

      May 3, 2022 at 9:43 AM

         our Vendor Deposit ISV solution allows for multiple pymts on a PO and multiple POs on a payment.    Please take a look at our site  Enhancements for Dynamics GP | Paradigm Technology Consulting   if you have any questions please let me know.    We have this product from GP 10 thru GP 2018.4

      Thank you,
      ?

      ——————————
      Michael Gummel
      Prod Engineer
      Paradigm Technology Consulting
      Allentown NJ
      mtgummel@ptcsolutions.com
      ——————————
      ——————————————-

    DSC Communities replied 7 years, 2 months ago 1 Member · 0 Replies
  • 0 Replies

Sorry, there were no replies found.

The discussion ‘POP Prepayments’ is closed to new replies.

Start of Discussion
0 of 0 replies June 2018
Now

Welcome to our new site!

Here you will find a wealth of information created for people  that are on a mission to redefine business models with cloud techinologies, AI, automation, low code / no code applications, data, security & more to compete in the Acceleration Economy!