Warranty Claim Reconciliation

When a warranty claim is invoiced, a vendor may not always pay the requested amount. The vendor may consider values like Standard Repair Times when determining how much to pay. Then they pay through A/P or write off the payment through A/R. On the Warranty Claim Reconciliation form, you can reconcile the payment amount with the Claim Tolerance value. When invoices do not meet the Claim Tolerance value, use the Warranty Claim Adjustment Posting form to reconcile the claim.

Reconcile the claim by specifying the amount paid by the vendor in the Total Paid field. If this does not match the Total Billed amount, use the Warranty Claim Adjustment Posting form to adjust the amount.