You can apply all or part of a receipt or on-account credit memo to a single debit item or to several debit items.
For example, a customer may send a single check to pay all of one invoice and part of another invoice.
The customer may also have an on-account credit memo to use with the check to close an open debit item.
Usually , these points to consider when applying receipts and on-account credit memos to transactions:
- Credit Memo Search
- Transaction Balance for Applications Always Used profile option
- Receipt Application on Cross-customer Transactions
- Foreign Currency Receipts
- On-Account Credit Memos
- Balance Forward Bills