Difference between revisions of "Clear Offsetting Client Invoice Amounts From Account Tab"

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(updated how to access only)
(updated how to access / screen shots)
 
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#Select the '''Accounting''' tab to view the client's current balance. ''(GL 1120 - Client Receivables)''  
 
#Select the '''Accounting''' tab to view the client's current balance. ''(GL 1120 - Client Receivables)''  
 
#Verify the account balance shows '''multiple outstanding Agency Bill invoices''' with offsetting amounts.  
 
#Verify the account balance shows '''multiple outstanding Agency Bill invoices''' with offsetting amounts.  
#:[[File:Cltexp-account-offset.png]]
+
#:[[File:Cltexp-accounting-offset.png]]
#Select '''Reconcile''' on the top toolbar.  
+
#Select '''Reconcile Receivables''' on the top toolbar.  
#Verify the '''date range''' will include all invoices displayed on the client's account tab.
+
#Verify the '''date range''' will include all invoices displayed on the client's accounting tab.
#:[[File:Cltexp-account-reconcile-dates.png]]
+
#:[[File:Cltexp-accounting-reconcile-dates.png]]
 
#Select '''Ok'''.
 
#Select '''Ok'''.
 
#Verify the cash transaction details:
 
#Verify the cash transaction details:
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#*Cash transaction '''Description''', such as "Clear Offsetting Invoices".  
 
#*Cash transaction '''Description''', such as "Clear Offsetting Invoices".  
 
#*Cash transaction '''Amount''' as '''0.00'''.  
 
#*Cash transaction '''Amount''' as '''0.00'''.  
#:[[File:Cltexp-account-offset-0cash.png]]
+
#:[[File:Cltexp-accounting-offset-0cash.png]]
 
#Select '''Ok'''.  
 
#Select '''Ok'''.  
 
#'''Right-Click''' and select '''Pay All In Full''' to pay all listed invoices.  ''(To pay individual invoices, '''Right-Click''' on '''each invoice''' and select '''Pay This Invoice In Full'''.)''
 
#'''Right-Click''' and select '''Pay All In Full''' to pay all listed invoices.  ''(To pay individual invoices, '''Right-Click''' on '''each invoice''' and select '''Pay This Invoice In Full'''.)''
 
#*If paying individual invoices, select the credit (-) item(s) first.
 
#*If paying individual invoices, select the credit (-) item(s) first.
#:[[File:Cltexp-account-offset-0cash-pay.png]]
+
#:[[File:Cltexp-accounting-offset-0cash-pay.png]]
 
#:See [[Reconcile Client Receivables]] for additional options and instructions.  
 
#:See [[Reconcile Client Receivables]] for additional options and instructions.  
 
#Select '''Perform Reconciliation''' to create the cash transaction, and apply the payment to each invoice.
 
#Select '''Perform Reconciliation''' to create the cash transaction, and apply the payment to each invoice.
 
#Select '''Yes''' to confirm creating the 0.00 cash.   
 
#Select '''Yes''' to confirm creating the 0.00 cash.   
#:[[File:Cltexp-account-offset-0cash-pay-confirm0.png]]
+
#:[[File:Cltexp-accounting-offset-0cash-pay-confirm0.png]]
 
#Select '''Ok'''.
 
#Select '''Ok'''.

Latest revision as of 18:07, 11 March 2019

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The procedure below will clear offsetting client invoices with a zero dollar cash receipt.

Alternatively, paying offsetting invoices can also be included with any Reconcile Client Receivables payment, since the offsetting invoices will not change the total paid amount.

Create Zero Dollar Cash to Clear Offsetting Client Invoices

  1. Load a client on one of the client tabs.
  2. Select the Accounting tab to view the client's current balance. (GL 1120 - Client Receivables)
  3. Verify the account balance shows multiple outstanding Agency Bill invoices with offsetting amounts.
    Cltexp-accounting-offset.png
  4. Select Reconcile Receivables on the top toolbar.
  5. Verify the date range will include all invoices displayed on the client's accounting tab.
    Cltexp-accounting-reconcile-dates.png
  6. Select Ok.
  7. Verify the cash transaction details:
    • Bank Code. (The bank will auto-fill based on your Agency Profile.)
    • Department code for the cash transaction.
    • Cash transaction Effective date.
    • Cash transaction Description, such as "Clear Offsetting Invoices".
    • Cash transaction Amount as 0.00.
    Cltexp-accounting-offset-0cash.png
  8. Select Ok.
  9. Right-Click and select Pay All In Full to pay all listed invoices. (To pay individual invoices, Right-Click on each invoice and select Pay This Invoice In Full.)
    • If paying individual invoices, select the credit (-) item(s) first.
    Cltexp-accounting-offset-0cash-pay.png
    See Reconcile Client Receivables for additional options and instructions.
  10. Select Perform Reconciliation to create the cash transaction, and apply the payment to each invoice.
  11. Select Yes to confirm creating the 0.00 cash.
    Cltexp-accounting-offset-0cash-pay-confirm0.png
  12. Select Ok.