Debit Adjustments in Foreign Currencies: General Information

In MYOB Acumatica, once an AP document has been released, it cannot be edited or deleted; to correct it, you can issue an adjustment. Debit adjustments decrease the accounts payable balance of a vendor.

Learning Objectives

In this chapter, you will learn how to do the following:

• Create a debit adjustment in a foreign currency
• Apply a payment and the debit adjustment to a bill in a foreign currency

Applicable Scenarios

You create a debit adjustment in a foreign currency in the following cases:

• You need to adjust the balance of a released multicurrency bill.
• You need to decrease the amount your company owes to a vendor.

Processing of a Debit Adjustment

You can enter a debit adjustment by using the Bills and Adjustments (AP301000) form. The summary of a debit adjustment includes information about the vendor, the vendor location, and the currency used for the transaction.

Generally, a debit adjustment is not linked to a bill or another document to which the debit adjustment is related. In the Summary area of the form, you may include the reference number of the original document (bill or prepayment) in the description of the adjustment and the reference number of the related vendor document in the Vendor Reference box.

Released debit adjustments appear on the Checks and Payments (AP302000) form and can be applied against credit adjustments and bills.

Application of RGOL Amounts to Bills