Applying cash using payment writeoff
- Sign in as Receivables Specialist or Receivables Manager.
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For Receivables Specialist, select Cash Application > Select Invoices And Apply Cash.
For Receivables Manager, select Processing > Cash Application > Select Invoices And Apply Cash.
- Open a payment record.
- On the Write Off Preview tab, click Payment Writeoff.
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Specify this information:
- Adjustment Reason
- Select the write off adjustment reason.
- Adjust Amount
- Specify the write off adjustment amount.
- Description
- Optionally, provide a description.
- Distribution Account
- The Global Ledger account is the default, but it can be edited.
- Click Save.