It is not possible to use the Consolidated Payment feature if there are Parent and Child customers in different Subsidiaries. Enhancement 208348 has been filed to make the Consolidated Payment feature available for parent and child customers in different subsidiaries. Consolidated payments for invoice groups follow the same rules as consolidated payments. You cannot use… Continue reading Consolidated Payment Feature Limitations
Tag: Consolidated Payment
Exploring the Benefits and Differences of Enabling Consolidated Payment Feature
The Consolidated Payment feature allows all payments, credits, and deposits to be accepted through the highest-level customer in a customer-subcustomer hierarchy or through the individual subcustomer for whom the invoice is entered. You can enable this feature by navigating to Setup > Company > Enable Features > Accounting tab. As the Consolidated Payment feature allows your business to streamline the process of multiple payments in a single… Continue reading Exploring the Benefits and Differences of Enabling Consolidated Payment Feature
Applying a Customer Deposit
A customer deposit can be applied against an invoice when the order is complete. Deposits are applied by creating a Deposit Application transaction. It can be applied against an invoice either from a customer deposit record or on a customer payment form. Apply a deposit from a customer deposit record: Go to Transactions > Customers… Continue reading Applying a Customer Deposit
Consolidated Payment feature for a Sub customer in Different Subsidiary
To Accept Payment for a Sub customer in Different Subsidiary : Currently, it is not possible to use the Consolidated Payment feature if there are Parent and Child customers in different Subsidiaries. Enhancement 208348 has been filed to make the Consolidated Payment feature available for parent and child customers in different subsidiaries. As an alternate solution, create separate Journal Entries… Continue reading Consolidated Payment feature for a Sub customer in Different Subsidiary