Sage 300 provides the reverse transactions for Accounts Payable, Accounts Receivable & bank Services. In this blog post, we will discuss the Reverse Transaction for Bank services. We can reverse the posted bank entries for selected bank. To view the updates after posting AP, AR & bank transactions bank services automatically updates into particular bank… Read More »
In our earlier blog “Reverse Transactions – Payment Reversal Transaction in SAGE 300 ERP“, we had gone through a reverse transaction of payment, receipts & banks. New Stuff: Restart Maintenance in Sage 300 ERP Today we are going to look at a small but quite a smart feature which will help us to reverse multiple transactions… Read More »
Posted receipts cannot be edited in any ERP. SAGE 300 ERP allows you to reverse them to correct errors. One might need to reverse a receipt when his customer stops payment on a receipt or if a receipt comes from an account with non-sufficient funds or check no. mentioned in receipt was wrongly entered or… Read More »
Is there a chance there wasn’t enough money in your account and the overdraft protection glitches? Or could there have been an error on the check – for example dating it with the wrong month? Say you somehow dated it as March instead of February or something like that? Or they received the check but… Read More »
Many a times it so happens that, we post a payment without knowing that we are applying payment against the wrong Invoice number of customer. Say for an Instance, a payment of $117 has been posted against the Customer Invoice in Sage 300 ERP (earlier known as Sage Accpac ERP) instead for an Invoice which… Read More »
There are situations when one would need to include taxes in the Cost itself, especially when one is in the Retail industry where most of the cost and prices of the commodities are inclusive of taxes. Now there arises a situation when one needs to have to have this functionality by default for all the… Read More »
There are scenarios where a user can unknowingly apply Payment and Receipt to wrong Invoices in Sage 300 and post the receipts / payments. In this case, the user needs to have the functionality to reverse the Payment / Receipt so that the Payment / Receipt can be reallocated to proper Invoices. The New Stuff… Read More »
In our previous blog we have discussed on the Payment Reversal transaction and the effect of it on Bank Book in SAGE 300 ERP https://www.greytrix.com/blogs/sageaccpacerp/2013/10/30/reverse-transactions-payment-reversal-transaction-in-sage-300-erp/ In this blog let’s understand the effect of Payment Reversal on Bank G/L and Vendor Balance. Scenario to understand the GL Effect is there is a Payment of 1,500 made… Read More »
In our previous blog, we discussed about “Use Reverse Charge Mechanism for Service Tax in Sage 300 ERP”. However, before starting to use Reverse Charge Mechanism, user has to configure the process in Sage 300 ERP (formerly Sage Accpac ERP). In this blog, we would discuss and will help users to understand the process to… Read More »
Many a times Sage 300 User comes across a situation, where they want to reverse an entry in GL at particular period. This functionality is available in Sage 300 ERP (formerly known as Sage Accpac ERP) in General Ledger Module /GL Transaction/Journal Entry. The prime example of such cases is the Salary Journal Entry which… Read More »