Accounts Receivable Unapplied Cash & Credits How to Apply Unapplied Items-Accounts Receivable
How to Apply Unapplied Cash & Credits - Accounts Receivable (continued)
Applying an Unapplied Item using the "Other" Options
Applying Unapplied Cash
Unapplied Cash may be applied to a Miscellaneous G/L Account, Advance Deposit, or a Refund Check.
Apply to an Advance Deposit
1. The Apply Date will default to today's date; the User may override this to any date that is in an open accounting period, but not prior to the date the Unapplied Cash Item was created.
2. From the Other tab of the Apply Customer Credit form, select the checkbox to the left of the Advance Deposit option.
3. Select a Job Number from the drop-down list. If there are no Job numbers listed, you may not apply the unapplied cash to an Advance Deposit.
4. The Amount field will automatically fill in with the entire amount of unapplied cash available. The User may change this to a lower amount if desired.
5. When finished, press the Save button located at the lower right of the form to complete the transaction.