Example: Reapplication of an Open Payment

The example below shows the reapplication of an open payment.
  • Post an open payment. This table shows sample amounts:
    Transaction Debit Credit
    Cash $100  
    Deposit   $100
  • Post an invoice. This table shows the amounts.
    Transaction Debit Credit
    A/R $100  
    Sales   $100
  • Reapply the open payment to the invoice. This table shows the amounts:
    Transaction Debit Credit
    Deposit $100  
    A/R   $100