Irma Valčić

We are using ledger settlements regularly and, sometimes, transactions created throughout the year are settled with opening balances (i.e. some transaction from previous year). This is possible using the standard functionality.

However, we often have audits for the previous year around the middle of the subsequent year, and the audits require us to post some adjustments in the previous fiscal year. When this is done, year end close needs to be run again. Running the year end close deletes all the ledger settlements that have previously been made with opening balances, resulting in losing months of work for multiple legal entities (we have over 100 of them).

Please consider a fix for this scenario, either through making the year end close post only the deltas between the old and the new opening balances, or through some other means.

We have a business scenario where we receive credit notes from vendors for prepayments which we will never pay, or which were paid partially. At the time we receive the credit note, the prepayment invoice is already posted through the PO. However, if the credit note is posted and settled with the prepayment invoice, this prepayment amount is shown as available in the Open prepayments form and it's available to apply invoices to it, even though the payment was never made and the prepayment invoice was canceled via the received credit note from vendor.

We would like Microsoft to consider and enable this business scenario because the current functionality enables wrong postings and invoice applications for prepayments which never happened.

Accounts payable - Inquiries and reports - Invoice - Invoice journal

This is a very important form that is used a lot, it would be very useful to have the vendor name in this view and not just the account number.

With the introduction of "Post foreign currency realized gains/losses for ledger settlements", we've been having issues with reporting currency amounts. Transactions are settled and exchange rate gains/losses are calculated, but every now and then there is a rounding issue - the resulting balance of the settlement is not 0, but with a penny difference instead. While performing the settlement, there is no warning about it so the user isn't even aware there is a problem. The issue only becomes known when trying to run year-end close because the system won't allow the year to be closed if any settlements are out of balance in the reporting currency.

We would like for F&O to allow the automatic posting of penny difference in this case based on the penny difference parameter in GL parameters, or at the very least a notification of some kind so that users can do timely corrections.