In the Enter Payments screen you can enter both
customer and principle payments.
Principle payments are payments for commission generated by
agency sales and customer payments are payments received for buy-
When you select Customer payments the list box
pertains to Customers. If
you then select Principle payment the list box changes to pertain to
When you select a particular principle or
customer the invoices with amounts due automatically appear with the
amounts due. To complete
the payment entry select bank account, enter the amount, date, check
and reference information then apply the amount to the correct
invoices. You can select
the auto allocate button and the program will apply payments to
invoices by due date or you can allocate the payment manually by
selecting the check mark next to the invoice.
To finish the transactions select the save button and the
program will clear the screen so you can enter another transaction.
Special Notes: If the payment amount entered is
greater than the amount of the invoices selected the system will give
you a message to tell you that the amount is greater and will
therefore create an open credit that can be applied later using the
apply open credit screen.