Increase efficiency in AR & AP by:
Being able to enter cash receipts by invoice number
Be able to search AR records by additional fields
Be able to enter wire transfers in Accounts Payable Manual Check Entry
by: Guillermo T. | over a year ago | Financial Management
Comments
I agree, being able to enter cash receipts by invoice number would speed this process up so much, since most customers don't put their customer numbers on their checks
I think this is part of 4.4 product update #1 which is scheduled to be out shortly.
Also be able to enter credit memos by merely typing the numbers (123456 ilo 123456-CM) in the same way as we are now able to only type the numbers of invoices (123456 ilo 123456-IN)
Yes the ability to enter cash receipts by invoice number is functionality that will be rolled out in version 4.40 in a future update.
We set up a seperate bank code for wires and use the manual check entry to "apply" wire payments to invoices.
As part of Product Update 1 for v4.4 you can now easily locate the correct customer account from the Cash Receipts Entry windowby using an invoice number that may have been referenced. When the correct transaction is found, the Customer No. field is populated with the associated customer number. If the invoice is unpaid, or shows a balance, the Amount Received and Invoice No. fields, and related fields on the Lines tab are populated.