payment Issue

[Former Member]

We purchase some material say on 01/01/09 at rate of 5 rs/item - 100 items.

GR & IR was made on say 01/02/09. But payment to vendor was not made due to some reasons.

Nw after some period say on 01/04/09 that PO was ammended to rate of 7 rs/item. Nw when account wants to clear the payment for vendor, in vendor balance it shows the actual ammount but in accounting doc it shows the rate of ammendment. So account person gets confused that hw invoice of less ammount was made. So can any one tell hw to sort it and where he can get the actual info.

Thanks

[Former Member]

Hi

The Vendor balance is updated only based on the accounting document and it cannot be different from that of the accounting document. Can you please clarify whether the accounting document is having the entry date as the date mentioned by you in this thread.

Regards,

Lakshmanan Krishnan

[Former Member]

yes its having the same entry date

[Former Member]

Hi

Then probably the document would have been posted after the PO is amended. But the vendor balance also should show the same amount if no other further transaction hapened in this regard like Credit memo.

Regards,

Lakshmanan Krishnan