Accounts Receivable Payment Processing How to Create a Negative Payment Batch
How To Create a Negative Payment Batch (continued)
4. The Negative Payment Batch will be displayed in the Payment Processing Batches list. Highlight the negative batch then press the Enter Payments button located at the lower right of the list or double-click on the negative payment batch line.
5. Enter the customer number in the upper left of the form header. The form will fill with all invoices where previous payments have been applied [that may be un-applied]. In the header area, in the Amount field enter the negative value for the payment being reversed. In the Payment column, enter a negative amount on each invoice line where you are reversing a payment. The total entered in the Payment column must equal the header Amount field to be able to save the record. Continue with this process until all customer payment reversals have been made.
In this example the payment reversed in the negative payment batch should have been posted to a different customer, so a regular payment batch must be created to apply the payment to the correct customer account. After creating and entering the payment in a regular payment batch, both batches will be deposited at the same time.
4043