Overview:
The Cash Receipt window allows you to apply cash in several different ways:
- Apply a Cash Receipt against specific customer invoice numbers.
- Apply a Cash Receipt as a “miscellaneous sales” transaction, crediting a selected OU and account number (i.e., service charges paid by the customer).
- Apply a Cash Receipt against open an AR invoice “on account,” meaning a credit is posted to the customer AR balance with no reference to an existing customer invoice number (i.e., you are not sure which invoice the customer is paying).
- Apply a Cash Receipt as a credit to job cost, typically a back charge situation.
This video walks you thought the process of recording a cash receipt against an AR Invoice, while writing off either a short payment or over payment
Benefits:
- Stay current with deposits, this proceeds feeds into PENTA Bank Reconciliation process
- Remove AR invoices from customer statements and accounts receivable aging reports
- Automatically updates Manage Customer Receivables window to display the paid status
- Quickly write-off over or under payments that will not be received or refunded by the customer
Roles:
- Accounts Receivable Clerk
- Accounts Receivable Manager
Additional Content
- N/A
Location:
- Billing & Accounts Receivable > Cash Receipts > Cash Receipt Entry
Video: