Applying payable credit to payable invoices

1. Open 4-3-1 Set Invoices to Pay.
2. Select a vendor or a job and click OK on the Invoice Selection window under Selection Criteria.
3. The grid displays all open invoices for that vendor or job.
4. Enter the invoice amount to pay in the Set to Pay column. This must be a positive amount.
5. Locate the credit invoice and enter the credit amount to apply. This must be a negative amount.
6. Select File and Save.
7. Open 4-3-2 Pay Vendors and select the checkboxes of the vendor payee.
8. Click the Change the posting period icon and select the correct posting period.
9. Click Select.
10. Select the Vendor# in the 4-3-2 Pay Vendors window.
11. Choose Check in the Pay now by picklist.
12. Click Pay Vendors.

Print and assign check numbers

1. In the 4-3-5 Report Printing window, select the Report Criteria tab.
2. Select the desired report number.
3. Select the desired Report Form.
4. Enter the vendor number in the Vendor field.
5. Select the Print $0 Checks box.
6. Select File and Print.
7. Enter the General Checking Account number.
8. Enter the Starting Check Number.
9. Enter the Check Date.
10.  Click Print Checks.
11. Choose Assign check numbers for ALL checks on the Assign/Post Checks window if the check prints correctly.

 TIP: Credit invoices with negative value appear in the grid under the Invoice Total. Setting the invoice selection criteria to display invoices by vendor groups the invoices.

How to create and apply a 4-2 Accounts Reference# Payable Credit