James,
My solution doesn't imply any special payment types. I thought about this
too but did not find an acceptable solution. I speak about a special type
of invoice for vendor credit.
Imagine you have original purchase invoice A for $1000. You found real
quantity is less and should credit vendor for $100. So, you create vendor
credit invoice B for -$100.
When you ready to pay the vendor you create a new payment amount A - B =
$900 and apply it to invoice B and then to invoice A. The order is
important.
After this, both invoices have open amount 0.00 and you are able to set
them to Paid. This scheme requires another change if you pay using checks.
We need to refer both invoices in remittance area.
Beside new invoice type, you need also new invoice item type because it is
necessary to configure target GL account.
It's just a brief of my solution that I did in the past. You may find your
own way.
On Mon, Jan 1, 2018 at 10:08 PM, <
[hidden email]> wrote:
> Thanks Oleg - Do you think we can create a payment type of Vendor Credit
> and Payment Type of "On Account". This payment then can be applied to
> the original purchase invoice? Any idea what the Journal Entry that
> gets created looks like?
>
> Thanks,
>
> James
>
> -------- Original Message --------
> Subject: Re: Vendor Credits
> From: Oleg Andreyev <
[hidden email]>
> Date: Mon, January 01, 2018 10:29 am
> To:
[hidden email]
>
> Hi James,
>
> OFBiz does not have a solution for this case. You can create accounting
> transaction of type credit memo but there are still problems with
> invoices
> that could not be closed in a good way.
> I did a custom development for one of my clients where added new invoice
> type "Vendor Credit Memo". A user creates such an invoice with negative
> amounts at the moment when credit appear. Later, the payment is applied
> to
> both purchase invoice and credit memo. You may go this way but again,
> this
> is not something supported OOTB, it requires a bit of development.
>
> On Fri, Dec 29, 2017 at 11:21 PM, <
[hidden email]> wrote:
>
> >
> > We have a situation where we need to apply a credit for a vendor on our
> > account. We returned a part to the vendor and now we need to apply a
> > credit. I did not see any type of credit memo for a vendor. I did
> > however see vendor credit as an incoming payment type. What is the best
> > way to apply a vendor credit on account to offset the original vendor
> > invoice in ofbiz?
> >
> > Thanks,
> >
> > James
> >
>
>
>
> --
> Best regards,
>
> Oleg Andreyev
> at Upwork <
https://www.upwork.com/fl/olegandreyev2>
>
--
Best regards,
Oleg Andreyev
at Upwork <
https://www.upwork.com/fl/olegandreyev2>
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