In this case, you enter and save a payment in the A/R
Quick Payment Application form without selecting transactions against
which to apply the payment:
-
Open the A/R Quick Payment Application
form.
-
Select .
-
Select the customer number, and enter the check number that matches
the open payment you want to reapply.
The system fills the G/L Reference
field with the description Re-Application of Open Payment/Credit.
-
Change the G/L Reference and Description fields, if necessary.
Note: When reapplying
open credits, do not change the Receipt Date.
The journal entries created will be a debit and credit to the A/R
account. When reapplying open payment, and a separate A/R Deposit
account is used, change the Receipt Date
to current date. The journal entries created will be a debit to the
A/R Deposit account and a credit to the A/R account. If the deposit
account is the same as the A/R account, then the receipt date should
not be changed.
-
Select .
Note: You must
perform this step before you can select transactions in the grid at
the bottom of the form.
-
Select the Selected column of each transaction you want to apply
the payment to.
-
Click Apply. The system updates the
payment with the new invoice number, and journal entries are posted
for the reapplication. The journal entries will have a reference of
ARPR (payment or credit reapplication).