Dynamics 365 Business Central – How to post a Payment in one company and apply to an invoice in another company using Intercompany functionality

Dynamics 365 Business Central

The article discusses a scenario where a client has multiple companies set up in Business Central and trades with the same customers in these companies.
The client occasionally faces issues where a customer pays cash to one company despite the Sales Invoice being posted to a different company.
The solution to this issue involves using the standard Intercompany functionality in Business Central.
The scenario in the article involves two Business Central companies named "Cronus Intercompany Company A" and "Cronus Intercompany Company B."
The process to resolve the scenario includes recording the payment in Cronus Intercompany B and applying it to the open Sales Invoice in Cronus Intercompany A using Intercompany Journals.
The steps involved in recording the payment and applying it to the Sales Invoice are detailed, including selecting document type, account type, entering the payment value, and balancing the lines.
After posting the Intercompany Journal, the General Ledger Entries and Bank Account Ledger Entries can be reconciled.
By following the method described in the article, it is possible to post a cash payment in one company and apply it to a Sales Invoice posted in another company in two simple steps.

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