What We’re Trying to Accomplish Some companies appear in your system as both customers and vendors. You sell to them and also buy from them. If those records remain separate, it’s easy to overlook what they owe you when processing payments. The real purpose of linking these records is to ensure you never pay a…
Category: General Accounting
The Righter Way™ to cash application — control discounts, control outcomes
In Business Central, policy drives posting. This guide ensures discounts post only when intended, with clear steps to prevent, detect, and correct concessions. When a customer pays in full on or before the discount date, Business Central quietly tries to “help” by posting a discount concession. Helpful…until it isn’t. This guide shows the practical, least-click…
A one and done report – AP, Month End, and Prepayments
If you are using the AP to G/L Reconcile report each month and you begin using Business Central’s prepayment functionality, you may have noticed something. Prepayment amounts remaining to be deducted are not included in this report. So, how do you reconcile your Vendor Prepayment G/L account to your Purchase Lines? Before I share the…
