How to Record a Check Payment for an Invoice
14 steps
|
49 seconds
1
Navigate to Brokerage Engine.
Create Check Payment
2
Click "Accounting" to navigate to the interface.
3
Click the "Sales" tab.
4
Click the "All Sales" option.
5
Once the Invoice has been located, click on the "Action Button" to view it.
6
The Invoice will populate.
7
Click the "Receive Payment" button.
8
The Payment Date can be adjusted using the small calendar icon.
9
Select "Check" from the dropdown menu.
10
Click the "Reference No." field to add the Check Number associated with the payment.
11
The Deposit Account will display the "Default Operating Account" selected on the Configuration Panel. Another account can be selected using the dropdown menu.
Once the Payment is saved, the System will create an individual entry on the Bank Register of the Deposit Account selected.
12
The Undeposited Funds Account can also be selected; this will send the deposit entry to be batched with other deposits.
13
Click "Save"
14
Click "OK"
