Microsoft KB Archive Search

Notice: This website is an unofficial Microsoft Knowledge Base (hereinafter KB) archive and is intended to provide a reliable access to deleted content from Microsoft KB. All KB articles are owned by Microsoft Corporation. Read full disclaimer for more details.

  1. Home
  2. Description of the principal payments functionality in Receivables Management in Microsoft Dynamics GP 9.0

Description of the principal payments functionality in Receivables Management in Microsoft Dynamics GP 9.0

INTRODUCTION

This article describes how the principal payments functionality can be used as an enhancement to the scheduled payments functionality in Receivables Management in Microsoft Dynamics GP 9.0.

MORE INFORMATION

When a customer sends a payment that has an additional amount that is to be applied to the principal, you can use the principal payments functionality to apply the amount to the remaining principal balance on a scheduled payment. The scheduled payment will be reamortized. To do this, follow these steps:
1. To open the Apply Sales Documents window, click Transactions , point to Sales , and then click Apply Sales Documents .
2. If you try to apply a payment transaction to a scheduled payment document that has a smaller amount than the payment, you receive the following message:

Would you like to apply principal payment amount to the principal?
3. Click Yes . The Principal Payment window appears to confirm the action.
The principal payments functionality was first included with Microsoft Dynamics GP 9.0 Service Pack 1. To use the principal payments functionality, obtain the latest service pack for Microsoft Dynamics GP 9.0. For more information, visit one of the following Microsoft Web sites, depending on whether you are a partner or a customer.

Partners

https://mbs.microsoft.com/partnersource/products/GreatPlains/downloads/servicepack

Customers

https://mbs.microsoft.com/customersource/support/downloads/servicepacks

↑ Back to the top

Keywords: kb, kbnosurvey, kbinfo, kbMBSPartner, kbMBSMigrate, BemisKB919718, kbExpertiseBeginner

↑ Back to the top

Article Info
Article ID : 919718
Revision : 1
Created on : 3/8/2017
Published on : 3/8/2017
Exists online : False
Views : 77