Apply Payments to Customer Accounts
You can apply payments to a customer's account when you receive payment prior to invoicing the customer.
- In AR Cash Receipts, enter the payment information.For more information, see About the AR Cash Receipts Form.
- Click to save the record.The AR Initialize Receipt form displays.
- Select On Account
and click Initialize.The AR Payment on Account Form displays.Note: If you do not select the On Account radio button on this form, the AR Payment on Account form is still accessible by clicking the On Account button in the AR Cash Receipts form
- Enter the On Account
The system automatically defaults the payment amount in the Amount field. For more information on individual fields, refer to the F1 help.
- Save the record and
close the form.The AR Payment on Account form closes. On AR Cash Receipts, the On Account field displays the payment value, as does the Total field.