Adding and Editing Receivable Payments

The Manage Receivables section lets you receive and modify the received payments.

Tip

To view the Manage Receivables section, click the Manage Receivables link.

Adding a Receivable Payment

With the required permission, you can add a receivable payment.

The Add New Payment dialog box lets you to add a receivable payment only to accounts with the balance due.

Tip

To view the Add New Payment dialog box, click the Add New Payment link.

To add a receivable payment

1. Search a statement.

2. In the search results grid, click next to the statement for which you want to add a receivable payment.

3. Click the Add New Payment link.

The Add New Payment dialog box opens.

4. In the Payment Method list, select the method of payment.

5. In the Reference/Check Nbr box, type the reference or check number.

6. In the Payment Amount box, type the amount to be paid.

7. Click one of the following:

Save to save the information and close the window.
Save & New to save the information and add additional information.
Cancel to disregard any changes and close the window.

Note:

· In the Reference/Check Nbr field, provide a reference number based on the selected payment method. For example, if you have selected Check as Payment Method then provide check number in the Reference/Check Nbr field.

· The Reference/Check Nbr field will be mandatory, if the Require Reference value is set to Yes in Setup > Application Setup > Accounting > Fields > Payment Method.

· The Payment Amount must not be greater than the balance due amount.

Editing a Receivable Payment

With the required permissions, you can edit a receivable payment to modify or update the payment details.

Tip

To view the Edit Payment dialog box, click the Edit Payment link.

To edit a receivable payment

1. Search a statement.

2. In the search results grid, click next to the statement for which you want to edit a receivable payment.

3. Click the Edit link.

4. In the Edit Payment dialog box, make the changes as desired.

5. Click one of the following:

Save to save the information and close the window.
Cancel to disregard any changes and close the window.

Deleting a Receivable Payment

With the required permissions, you can delete a receivable payment.

Tip

To view the Delete Payment dialog box, click the Delete Payment link.

To delete a receivable payment

1. Search a statement.

2. In the search results grid, click next to the statement for which you want to delete a receivable payment.

3. Click the Edit link.

4. In the Edit Payment dialog box, click Delete.

5. In the Delete Payment dialog box, click one of the following:

§ Yes, Delete this Payment to confirm deletion.

§ Cancel to close the dialog box.