Applying prepayments

  1. Select Automatic Prepayment Apply.
  2. Select Company or Company Group, but not both.
  3. Specify this information:
    Operator
    If you select the check box in the Operator ID Required field, then specify an operator code.
    Customer
    Select a customer number and provide a description for prepayment application.
    Process Level
    Select a process level for prepayment application.
    Post Date
    If you select the check box in Verify Post Date field in Receivable Companies, then select a Global Ledger posting date. The date is assigned by the system if the associated payment has a post date outside of the valid date range.
    Post Date Override
    If you select a post date, then this field indicates whether this date is assigned to all applications overriding the Global Ledger dates assigned to individual payments.
  4. In the Report Distribution section, select a distribution list and export type for Automatic Prepayment Apply Report.
  5. Click Submit.