Exclude Finance/Service Charges When Applying Payments
If you have assessed finance/services charges to a customer, but don't want to apply any of their payment to the charges, you can exclude them when initializing payments.
- Open the AR Cash Receipts form.
- Complete the payment header as usual.The AR Initialize Receipt form appears, allowing you to specify how the payment will be applied.
- Select the Exclude Finance Charges check box.
- Process as usual.