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Selecting Installments for Payment
Selecting Installments for Payment
Installments are treated by the Accounts Receivable system as unique open items. Once the installments are created, they are identified by the invoice number and a three-digit number corresponding to the position of the installment in the payment plan. For example, the fourth installment for invoice number INV00001 would be identified as INV00001 004.
To select an installment for payment, enter the Payment Entry and Application conversation and display the Open Item List Screen for the desired customer. If the customer has open installments, the installment number will be displayed next to the company/location. A sample screen for a customer with installments is shown below.
WILLIAMS PAYMENT ENTRY AND APPLICATION 5/21/96
DSPO1 OPEN ITEM LIST LIST
Pmt Amt .00
Customer C01 001 BRU Due Date 0/00/00 Applied .00
Cust Nme ANDERSEN MANUFACTURING Chrgbck .00
Payment CK CSS-F1 BEF Pmt Date 5/21/96 Ded Amt .00
On-Acct .00
Pay Document Stat Amount Open Disc Avail Due Date
Co Loc Inst Applied Discount Taken Writeoff/Chgbck Dsc Date Cur
Sales Order Number Customer PO Number
IN TO304001 OPEN 43.68 .00 3/31/96
IN TO306001 OPEN 110.00 .00 3/31/96
CR 00000012 OPEN 20.00- .00 4/30/96
CR 00000013 OPEN 4.00- .00 4/30/96
CR 00000015 OPEN 11,000,110.00- .00 4/30/96
CR 00000016 OPEN 11.10- .00 4/30/96
CR 00000017 OPEN 100.00- .00 4/30/96
DR 00000003 OPEN 30.00 .00 4/30/96
DR 00000004 OPEN 30.00 .00 4/30/96 +
D - Detail G - Gross N - Net C - Reset
F4=Prompt F6=Fold/Truncate F9=Applications F12=Apply to Oldest
F13=Cancel Tran F14=A/R Inquiry F16=Review Header F21=Deductions
F22=End Tran F23=End Trn/On Acct
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Open Item List for Customer with Installments
Here you can see two separate items with invoice number INV00001, but each item also contains an installment number (003 and 004) that uniquely identifies it. You can select any of these items for payment as you would any other open item.