Page History

To apply payments to individual Statements follow these steps:

Step 1: Show Statements (OPEN)

• After you have selected the AR Account/Company, the Statements for the account will display with OPEN Statements by default . To see all Statements click on Show Closed | Show All.  The Non-Statemented Invoices, contains all open Folios by default. To create a new statement with specific folios, see transferred checked items below. For more see AR Statements.

In this example,

there are 5 open folios (4 in Non-Statemented Invoices and 1 in Invoice #26456) with a total

balance of $1,736.

Both have open folios and a balance due.  The $ amount in the Total Column reflects the total amount of the folios charged to that Statement.  The "Balance" column reflects what is still owing from the Company.

Image Modified

Step 2: Click on the Statement to apply payment: In this example, we clicked on Non-Statement Invoices with a balance of $1,361. Clicking on a statement will display the booking

details, Total charged on that statement and Payment options below the list. It may have one or several line items associated with it. In this case, there are 4  bookings charged to this statement. Each folio Receivable can take a partial or full payment.

• To see all Statements click on Show Closed | Show All | Print Statement in the upper right hand corner.
• To view any AR payment history made to that Folio, click on History.
• To apply a payment to an AR folio, enter the amount in the corresponding box in the Pay column. The amount

• will automatically be calculated in the Payment Amount, under Payments.
  
  • To apply a payment for the Total charge click the circular arrow to the right of the Balance and the total pay amount due will be auto entered.
  • To enter a partial amount, type in the $ amount in the corresponding box in the Pay column.

Image Modified

Step 3: Complete Payment Information

*Payment Amount: $ amount of Total payment calculated from the $ amounts entered in the Pay column(s)

Balance Amount: Amount of Balance due. Automatically calculated from Balance column.

• Description: Enter description (optional)
• *Payment Mode: Select the Payment type to use, i.e. check or a credit card. The payment options available in the drop-down can be edited or added to in Receipt Types
• Click Apply Payment. The the A/R system will make payments to the Folios and if it is a credit card payment, authorize the amount. Any authorization errors are displayed to screen. The example below shows a cash payment being received and applied against the charges for booking 161766 and folio 2664.

Transfer checked Items to: Transfer charges to a new statement by putting a check in the box next to the desired charges and selecting New Statement from the Transfer checked items to drop down. The system will automatically create a new statement and move all selected charges and a new statement will show up under the AR account.

Tracking AR Payments via the Transaction and Manager's reports

When you take payment for an Account Receivables account, that payment records in two places:

1. On the Transactions Report in the manner in which the Company paid the AR.  Here is an example of a Wire Transfer paying off $2,854.80 from the Company "Ubisystems Inc".
   Image Added
2. On the Manager's Report summed for the entire day as a single line called 'Payments' for all AR invoices paid that day. In the example here, only one AR account (for the Company "Ubisystems Inc"  paying  $2,854.80 via Wire Transfer) was received this day (May 10) as summed under the 'TODAY' column. 

Image Added