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October 29th, 2012 | 
Author: Dynamics GP 2013 includes new functionality that allows you to create prepayments in accounts payable and assign them to specific purchase orders. You can easily do this from the Purchase Order Entry screen. You can enter a prepayment amount that you can then generate a check for using the regular computer check functionality in GP. Or you can create a manual check transaction that is associated with the purchase order.
Lorna Link at InterDyn BMI covers this topic in much more depth at the ERP Software blog, here: http://www.erpsoftwareblog.com/2012/10/gp-2013-new-feature-purchase-order-prepayments/
I created this short video to show this new functionality in action: http://youtu.be/RXB7-xmf_jo
Posted in Dynamics GP, Dynamics GP 2013 | 
Tags: Dynamics GP, Dynamics GP 2013, prepayment, Purchase Order
3 Responses to “Dynamics GP 2013 (beta) – PO Prepayments”
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Prepayment is a good functionality, I agreed, but the problem is it not work with PA or AA. I have a prospect, he is interested in Prepayment, at the same time AA also (which is mandatory).
In-order to work with Prepayment
Payable Management and Purchase Order Processing must be registered for this option to be available – Logic
But Project Accounting, Multidimensional Analysis, and Analytical Accounting must not be registered. – (didn’t understand whats the logic behind this)
Regards
Biju