Payment Processing

Here is the new version of this article in the Veracross Community. Step-by-Step These instructions will aid a user in tentatively applying outstanding Cash Deposits (pre-payments) to unpaid AR invoices.    The user will enter criteria...

Here is the new version of this article in the Veracross Community. Click the link Undo Tent Receipts , found on the AR Workflow homepage in the Accounts Receivable Workflow section. This may be used to clear a group of tentative receipts. Cli...

Here is the new version of this article in the Veracross Community. Step-by-Step Create a Cash Receipt Batch On the AR Workflow Hompage, under the Accounts Receivable section, click on the Add a Receipt Batch link. Enter a User Ref Number, ...

Here is the new version of this article in the Veracross Community. Step-by-Step On the Accounts Receivable homepage, run the AR Payments Input Grid.   For each check/payment in your possession, do the following: Locate the invoice assoc...

As checks and other transactions are received as invoice payments, they need to be applied to the appropriate invoices so that unpaid amounts can be reduced accordingly.

Invoice Payment Service (IPS) processing is a method to record receipts on invoices for use with some types of invoice payment services such as FACTS or SMART. If payroll deductions are made to pay invoices, the processing is done in the same manner.

Here is the new version of this article in the Veracross Community. Step-by-Step Navigate to the Invoice for which you’d like to apply the deposit. Click on the “ Receiving ” tab. To the right of the “Deposit Item&rdq...

Overview This article outlines all changes/non-changes to processing AR Invoice Payments, Deposits, and Misc Cash receipts.  It has broken down into 3 distinct sections, based on functional area.  First, discover how the manual entry of I...

Step-by-Step On the AR Workflow homepage, in the Accounts Receivable section, click on the Post Applied Deposits link in the Workflow section. Enter the desired “Posting Date” Click Add Post AR Receipts. ...

Here is the new version of this article in the Veracross Community. Step-by-Step To process an AR Overpayment, enter in the payment information in the AR Invoice’s Receiving tab. Once the payment information is filled in, toggle the &ldq...

Here is the new version of this article in the Veracross Community. When applying a deposit, if you wish to undo all tentative applications, click the Action menu   , click Undo Tentative Receipts , and confirm in the following window. Th...

Here is the new version of this article in the Veracross Community. Overview In the case where you receive a payment that should not apply to an Invoice at any point and should directly credit a revenue account,  the workflow  sugges...