Cash Receipt Deposit (CB10.1)
Use Cash Receipt Deposit (CB10.1) to specify cash deposits for a general ledger company.
You can also use Cash Receipt Deposit (CB10.1) to add rebate information in the CB system for rebate checks. A rebate check can contain multiple rebate types for multiple due dates. Each rebate type may also be posted to several different GL accounts.
To specify distributions for each rebate the payment is for, use Cash Receipt Detail Rebate Option (CB10.5).
Processing Effect
You specify tax liability information at the distribution level. When you assign a tax code and a tax amount to a cash receipt distribution, the cash receipt distribution amount, less the tax amount, posts to the general ledger revenue account assigned to the category. The tax amount posts to the accounts receivable account assigned to the tax code.
When a receipt is specified with the rebate type, specify distribution details in Cash Receipt Detail Option (CB10.5).
If distributions with incorrect rebate information are specified, you need to delete the distributions and add the distributions with the correct rebate information again.
You can specify as many rebate scenarios as necessary. However, all distributions must balance to the receipt total specified on the Cash Receipt Deposit (CB10.1) form.