I wish that the Accounts Receivable module would allow negative and zero dollar payments. There are plenty of times when a company will pay us and we apply the payment, then they want us to apply it to a different job several months later. If I void the original payment it affects accounting dates that I have already closed and don't want to affect. If I try to correct only in Job Cost then my Contract shows up incorrectly. Sometimes jobs look like they have negative balances left owing on them when we close the job because we can't do a negative payment application in Accounts Receivable. Perhaps the system could allow the company to choose whether or not they allow negative payment applications rather than the system not allowing them.

by: Jennifer D. | over a year ago | 1 Financial Management