On a regular basis, our customer’s bank account gets replenished with wire transfers from their customers, which have no references to invoices. Accounting practices and bank reconciliation call for entering the payments steps below as soon as they are received. STEP 1: Enter the wire transfer in the Payment/Receipt entry Navigate to All -> A/P-A/R… Read More »
Sage X3 user can define number of days to calculate Expected issue date of prepayment against an order. New Stuff: How to restrict production tracking only for allocated work order Calculation of Expected issue date for pre-payment is done as: >> Due date of Prepayment – DAYNBR value To define this navigate to Setup->General parameters->Parameter values->Sales… Read More »
Improving relations between you and your Customers/Vendors can call for pre-payment or sometimes a supplier may require a deposit before commencing work on an order, or the order may have to be paid in advance. Although it is quite easy to do prepayments in Sage X3, however, one has to make sure that these prepayments… Read More »