How to unapply/reverse the vendor payment that bounced back in Dynamics 365 Business Central?

  There are certain scenarios where the client have mistakenly applied the payment to the wrong vendor or the vendor bank details were incorrect and the vendor payment bounced back in a few days.

So, how do we unapply/reverse an individual vendor payment in the system? In our example below, multiple vendor payments were done under one single EFT payment journal. We don't want to reverse a whole payment journal with multiple vendor payments. So, let's take a look on the following steps.

1. On Vendor Ledger Entries, select the payment which was rejected by the bank, go to Process - Unapply Entries. Unapplied Vendor Entries page gets open select the payment line and then click on Unapply action and click on OK. 

Once you click OK the payment line in vendor ledger entries its remaining amount will not be 0.

In order to balance the G/L entries we need to post the refund entry.

2. Go to Payment Journals> select the document type Refund and apply against the Payment. 


Note: Posting date must be same as Payment Posting Date or actual refund date. 

Note: Amount must be negative.



3. After posting Payment Journal for Refund, Invoices status will be opened for your next payment run.


4. Payment will be applied against Refund and Status will be closed.


Hope you enjoy the reading!

Stay tuned for more helpful articles related to Dynamics 365 for Business Central in my blog.

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