Use this program to automatically apply credit memos and on-account documents to the oldest invoices in the open documents file. This program automatically reads through each customer’s invoices and if there are any credit memos and on-accounts, they are applied in document number or due date order. If the program encounters customer invoices that are marked as ‘disputed invoices’ in AR Document Change F/M, it does not include those invoices for processing.
The register is printed displaying how the credit memos and on-accounts will be applied. Nothing is updated until you update the register after printing.
Register information includes: customer number, name, document number, entry date, old balance, amount applied, credit applied and new balance. Customer and report totals are also included.
Access this program by choosing Accounts Receivable>Cash & Credit Application>Automatic Credit Application Register.
Click field descriptions for information on each field.