Note: The Accounts
Receivable account must be assigned on the Accounts
tab on the Accounts Receivable Parameters
form; otherwise, an error message displays and the posting process stops.
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Open the A/R Payment Posting form.
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(Optional) By default, payments for all customers will be posted,
but you can further refine the posting by selecting a range of customers,
bank codes, receipt dates, and check numbers. You also can select
a single payment for posting.
The Print option is automatically
selected. You must first print the A/R Payment
Transaction Report to review and verify the transactions that
will be posted.
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To produce the report, click Process.
After reviewing the report, you can post the transaction(s) and create
Bank Reconciliation record(s). Notice that the Commit
option is now enabled.
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Select the Commit option.
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To post the payment(s) and create the Bank Reconciliation record(s),
click Process.
The system does not post transactions containing errors. If a transaction
contains errors, correct them, and then try again to post.
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When you post an A/R open payment that is tied to a customer order,you
are asked if you want to apply it as a prepaid amount on the customer
order. You have three options:
- To post the payment and not update the customer order, select
No.
- To post the payment and update the customer order, select Yes.
- To cancel the action and not update the order or post payments,
select Cancel.