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Posting to a vendor and customer account simultaneously

  • 1.  Posting to a vendor and customer account simultaneously

    Posted Jul 22, 2020 12:00 PM
    Hi All,

    We post vendor invoices in a parent entity that eventually get recharged to a subsidiary.  I'm wondering if there is a way to do the invoice journal to charge to the vendor account, and then have an offset of the customer account which is our subsidiary.  When I tried to do this via the Vendor Invoice Journal, I got an error that "There can only be one vendor or customer transaction per voucher." Is this a setting I can change or will I need to find another solution?


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    Thanks!
    Laura McCallum
    Skyline Renewables
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    Digital Acceleration Binge Day.  January 28th 2021 | 11:00 AM - 2:00 PM EST


  • 2.  RE: Posting to a vendor and customer account simultaneously

    Posted Jul 22, 2020 12:40 PM
    Hi Laura,

    I am not sure what version of AX or D365 you are using.  However, there is a setting in the general ledger that allows you to include a vendor and customer on one voucher.  Microsoft does not recommend it.  Please read up on it prior to use.  I suggest testing it in a test environment to verify results prior to enabling it in production.  It is in the general ledger parameters, on the ledger tab, and it is "Allow multiple transactions in one voucher".  Enable this setting and try again.

    Good luck to you,
    Missy




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    Missy Martoncik
    Senior Finance Consultant
    AXIA Consulting, Inc.
    Columbus
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    Digital Acceleration Binge Day.  January 28th 2021 | 11:00 AM - 2:00 PM EST


  • 3.  RE: Posting to a vendor and customer account simultaneously

    Posted Jul 22, 2020 12:52 PM
    Thank you Missy!

    This does resolve the error message, but I'll read into it and determine if the need to do this outweighs the risk or if we have other controls in place to prevent those risks. Thanks for your help!

    ------------------------------
    Laura McCallum
    Skyline Renewables
    ------------------------------

    Digital Acceleration Binge Day.  January 28th 2021 | 11:00 AM - 2:00 PM EST


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