Assign Credit to Receivables

The Assign Credit to Receivables function allows you to assign a credit to an outstanding invoice. If you want to assign all or most of the credits to the warrant you just imported, you should follow the procedures for Assigning Credits to Warrant.

 

To Assign a Credit to a Receivables, search and select the credit using the Receipts Data Access Tabs. Press the Assign toolbar button. The system will search for any unpaid invoice if the credit was associated with a PID (see Associate Credit with PID). If an unpaid invoice is found matching that PID, it will take you directly to that invoice. An Assign Credit dialog box displays in the upper right hand corner of the program. If the unpaid invoice on the screen is where you want the credit to be applied, click Assign. Otherwise, choose another invoice by searching and select an invoice from the Receivables Data Access Tabs. Once you click the Assign button, the Assign Credit to Invoice dialog box displays. The system will default to the original payment information, but you can change the Interest As Of Date, Payment On This Invoice, and Interest text box. Once all the information is correct, press Pay.