PAYMENT MADE TO CUSTOMER IN AR MODULE

[mrankurmodi]

Hi,
How can i make a payment to customer as a security deposite in AR Module? please help us immediately.

[Murthyoracle]

Hi,

For your requirement you should define , the same Customer as Supplier in AP.

1) Create Debit Note in AR on customer with distribution as " AR Refund Clearing" OR as "Security Deposit" & the amount as amt. of payment / refund.
2) Link this debit note with Customers Credit Balance available >>> Apply Dr. Note to on a/c receipt which is a Cr.Bal. in customer a/c.
(In case you have recd advance from customer & wants to refund it to customer).
3) Switch responsibility to AP & create a Standard Invoice in AP for supplier same as customer with amt. same as refund / payment to customer & use distribution as " AR Refund Clearing' .
4) Make payment of above Invoice from AP to your customer.

this will help u. and u can find other alternatives by searching options.

regards,

[mrankurmodi]

Thax for suggetion, but I don't wan't to adj the debit note to it's credit balance. I want to make a direct payment to party.

Please tell me how can i proceed.

[Murthyoracle]

Hi

Define the same customer as Supplier in AP and after running Supplier /Customer Netting Programme.
Then raise Std; Invoice and Payment the amount

regards,