Balance

The Balance field (in the Current Vendor Balances section of the Vendor Payment Summary area) is calculated as:

• the sum of all posted unpaid invoices for the current Vendor having an invoice amount > 0  +  the sum of all posted unapplied payments (not including the current payment).

• • When adding a new Vendor Payment, the value in this field will be displayed after selecting a value in the Vendor field.  

  • As new entries are added to the Vendor Payment Paid Documents and Detail grids, this value will only be updated upon clicking Save.

The Balance field (in the Paid Documents area) is calculated as:

• the Amount of an invoice or payment still outstanding
• e.g. amount from the original document minus applied amounts from all posted applications for this document (which may consider previously applied vendor payment and vendor invoice credit amounts and voiding documents)