Vendor Transfer from RM to PM
Transfer Customer Invoice and Credit applications entered in RM are transferred to corresponding (syndicated) accounts in PM in order to accrue Vendor liabilities based on Customer Cash Receipts.
Challenge:
A customer needed to transfer invoice and credit applications relating to ‘Syndicators’ in the RM module to transactions in PM.
Solution:
Payments were received from customers who purchased merchandise from Syndicators. The liability to any associated Syndicator Vendor was recognized when a payment was received from the customer.
The table below shows possible combinations of Invoices, Credits and Applications within it. Each case gives totals related to a single Cash Receipt within a single RM Mass Apply Transaction Group.
The total Syndicator Invoice or Credit amounts may include one or more RM documents.
For each Invoice or document selected in the window, the user may determine in advance the total amount that should be applied to or from that document.