In the AP menu, point to Invoices, Invoices, Enter.

Create an invoice for the vendor and change the terms to 'Credit Card'

Distribute the invoice to the G/L cash account where the cash payment was originally posted.

This reopens the invoice for the vendor in Accounts Payable.

In G/L, a credit posts to A/P and a debit posts to the cash account.

Post a bank transaction without posting to G/L to clear the cash as well as the deposit.

In the CM menu, point to Transactions and click Enter Bank Transactions.

Enter a credit to offset the original cash payment. This clears the cash payment from the bank reconciliation.

Clear the Post to G/L check box. The transaction does not post to the G/L; however, it records the offset of the cash payment in the bank reconciliation. When reconciling, clear both the check/charge and the credit.

In the AP menu, point to Invoices, Invoices, Enter.

Create an invoice for the vendor and change the terms to 'Credit Card'

Distribute the invoice to the G/L cash account where the cash payment was originally posted.

This reopens the invoice for the vendor in Accounts Payable.

In G/L, a credit posts to A/P and a debit posts to the cash account.

Post a bank transaction without posting to G/L to clear the cash as well as the deposit.

In the CM menu, point to Transactions and click Enter Bank Transactions.

Enter a credit to offset the original cash payment. This clears the cash payment from the bank reconciliation.

Clear the Post to G/L check box. The transaction does not post to the G/L; however, it records the offset of the cash payment in the bank reconciliation. When reconciling, clear both the check/charge and the credit.

In the AP menu to enter invoice on the terms side, I only have prepaid or COD not Credit Card.

What should I do?

Melanie-

The original question relates to a vendor invoice that was paid by cash but should have been paid by credit card.  If you do not have a credit card term, then this is probably not the answer you are needing.

If you are just trying to void a vendor cash payment, see article below:

How to void a vendor cash payment (100821)

https://csa-support.na.sage.com/knowledgecentral/viewdocument.do?noCount=true&externalId=100821&sliceId=2&isLoadPublishedVer=&docType=kc&docTypeID=DT_Article&stateId=47786&cmd=displayKC&dialogID=517459&ViewedDocsListHelper=com.kanisa.apps.common.BaseViewedDocsListHelperImpl&openedFromSearchResults=true

If you would like more information about setting up credit card vendors and terms see:

How to setup credit card vendors and record vendor payments by credit card (18227)

https://csa-support.na.sage.com/knowledgecentral/viewdocument.do?noCount=true&externalId=18227&sliceId=2&isLoadPublishedVer=&docType=kc&docTypeID=DT_Article&stateId=47779&cmd=displayKC&dialogID=517378&ViewedDocsListHelper=com.kanisa.apps.common.BaseViewedDocsListHelperImpl&openedFromSearchResults=true

Sincerely,

Coleen