The new feature has been added in Sage 500 from version 2014 for AR Reverse Applications. This utility gives the user ability to make a reverse entry for invoice, Payment entries and memo (Debit/Credit). The Reverse Applications task is located on the Accounts Receivable module in Sage 500.
Here’s the below screen by using the user can generate the AR reverse application for invoice, payment, and memos.
Go to the Account receivable module >> Activities menus >> Reverse Application.
- Reverse Memo Applications: On click of this button, a user will be able to select a Posted invoice, Credit Memo or Debit Memo.
- Reverse Payment Applications: On click of this button, a user will be able to select a Posted Customer Payment.
- A user will be able to select for reverse the application of a Credit Memo, Debit Memo, Invoice, and Payment after it has been posted.
- When the transaction is reversed, after that user will be able to view that records in Business Intelligence views.
- Customer Payment Application
- Invoice Applications
- The Reverse Applications has supported only the full reversal of the application.
- Once an application has been reversed user will be able to reapply the application by using the Apply Payments and Memos task.
Greytrix – a globally recognized and one of the oldest Sage Development Partner is a one-stop solution provider for Sage ERP and Sage CRM organizational needs. Being acknowledged and rewarded for multi-man years of experience and expertise, we bring complete end-to-end assistance for your technical consultations, product customizations, data migration, system integrations, third party add-on development and implementation competence.
The unique GUMU™ integration solutions provided by Greytrix for Sage 100 include Sage 100 integration with Sage CRM, and Salesforce.com, Dynamics 365 CRM, the migration solutions include Sage 100 Migration from Sage 50 US, Sage Intacct, QuickBooks, Sage Business Vision and Sage Business Works. We also offer best-in-class Sage 100 customization and development services to Sage business partners, end users, and Sage PSG worldwide. Sage 100 product listings by Greytrix include Salesforce – Sage ERP integration available on Salesforce Appexchange, Dynamics 365 CRM – Sage ERP integration available on Microsoft Appsource (Free Trial).
The GUMU™ Cloud framework by Greytrix forms the backbone of cloud integrations that are managed in real-time for processing and execution of application programs at the click of a button.
For more details on Sage 100 Services, please contact us at firstname.lastname@example.org. We will like to hear from you.