Change Bad Debt Level
Explanation
This activity is used to change the bad debt level of the
invoice from the current level to another predefined bad debt level.
Prerequisites
- The bad debt Level(s) must previously have been defined
in the Bad Debt Levels window.
- The invoice must have Ledger Status Bad
Debt.
- No other payment transaction with later voucher
dates should exist for the relevant invoice (this does not apply to rolled
back transactions).
- The payment type Bad Debt Level Change must previously have been defined
in the Payment Types window.
System Effects
The Bad Debt Level of the invoice changes from
the previous level to the new bad debt level. If the posting type PP15 - Bad
Debt Transfer is controlled by control type PC3 - Bad Debt Level, the ledger
posting will also change for the invoice. If a provision percent is defined for
the selected new bad debt level, bad debt provision will be calculated and
posting types PP73 & PP74. Any posted bad debt provision from the previous level
will be dissolved.
Window
Bad Debt Management
Related Window Descriptions
Bad Debt
Management
Procedure
- In the Bad Debt Management window,
select the invoice for which you want to change the bad debt level,
right-click and then click Change Bad Debt Level.
- The values in the current bad debt level
and Current Provision Percent fields appear by default.
- Specify the new bad debt level in the New Bad
Debt Level field. You can also use the List of Values to select a new
bad debt level. Once the new bad debt level is selected, the new
provision percent is automatically populated with corresponding
provision percent which had been defined for the relevant bad debt level.
- You may select either cost or revenue
in the Dissolve Bad Debt Provision To: field. If revenue
is selected, the bad debt provision will be dissolved against a revenue
account. If cost is selected, and reverse is selected as the
Cancel/Rollback Posting Method in the Company/Payment
tab, then the bad debt provision will be dissolved against a revenue
account (PP75). If
Correction is selected as the Cancel/Rollback Posting Method,
then the bad debt provision will be eliminated with negative amounts, i.e.
correction postings.
- The system date (today's date) appears by default in the Voucher
Date field but the values in this field are editable. The Accounting
Period field is automatically populated according to the date in the
Voucher Date field.
- Current user's default user group is presented in
the User
Group field. However, you can use the List of Values to specify a
different user group which has been predefined for the current user.
- In the Voucher Type field, current user's
default voucher type from Function Group B appears by
default, but you may use the List of Values to specify a different voucher
type.
- If you want to copy the code parts (Code B to J) from the customer invoice, select the
Copy Code Parts check box.