Writing off Late Charges and Adjusting Customers A/R Accounts

1. Navigate to Financial Management > Accounts Receivable > Cash Receipts.

   The Cash Receipts screen appears.

   

2. Click Create.

   The Batch screen appears.

   

3. Enter a Batch Number, a Description and select a branch Location from the drop down list.

4. Click Save.

   The Cash Receipts - Outstanding Accounts Receivable screen appears.

   

5. Select an Account from the list.

   The Key Cash Receipts screen appears.

   

6. Select the invoice LATECH by selecting the checkbox next to the Payment Amount field.

7. To automatically enter the Payment Amount and the current Date, click Pay.

8. Select the LATECH invoice number again.

9. Click Reverse.

   The Reverse screen appears.

   

10. Change the G/L Account Number to the write off account number of your choice.
    - or -
    Click on the Search icon to use the Account Lookup screen to find the G/L Account Number.

    The Reverse screen appears with the selected account number within the Account Number field.

    

11. Click Save.

    The Key Cash Receipts screen appears listing the adjustment entry.

    

Security Switch: 600 Accounts Receivable - Access Apply Late Charges

Revision: 2024.01