You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Closing On Account Credit Memos During Automatic Receipts Process

Received Response
edited Sep 30, 2021 2:42PM in Receivables & Collections 1 comment


We plan on using the Automatic Receipts process for customer payments. We also have a large number of credit memos without a method to apply them besides manually.

We would like to use the one payment per customer functionality in the Receipt Method to automaticly close the open credit memos along with open invoices.

We find when we put the receipt method on the Credit Memo in FBDI, it is considered in the Automatic receipts process.

Example Invoice $100 CM $-20 Invoice application -100 CM Application +20 = Payment of $80

Is anyone using a similar approach or have any feedback on this approach?

Howdy, Stranger!

Log In

To view full details, sign in.


Don't have an account? Click here to get started!