Credit Adjustments in Pay Bills

Problem

Adjusting a Credit (negative) in Pay Bills command makes it positive.

Credits in Pay Bills do not reverse Discounts, see Comments if confused.

Bug in VERSIONS 1.05 and older of Goldenseal accounting software.

Diagnosis

In 1.05 and older, entering an adjustment amount to a credit in Pay Bills prompts GS to treat the entire thing as a positive amount needing to be paid.

In 1.06 and later, just entering the amount is fine.

Solution

To enter an adjustment amount correctly in version 1.05 or earlier:
1) In Pay Bills, double-click on the Vendor to bring up the Itemized Vendor Invoices window.
2) click in the Pay column to un-select the desired item.
3) Enter the adjustment amount in the Adjust column.
4) click in the Pay column again to re-select the desired item.
5) The correct amount should be showing now, so click OK.
6) continue with Pay Bills.

If a vendor extends credit on returned items that were discounted at purchase, GS ignores the discount instead of reversing it. For GS 1.05 and older it will need to be entered manually in Pay Bills using the above steps.

For GS version 1.06 and later, just enter the amount in the Adjustment col. and tab.

Comments

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Entered 7/10/01 by Gor. Updated 10/23/2010.