Receipts From Customers

Customers make payments against specific invoices or ad-hoc payments that the Seller is free to set off against outstanding invoices. Individual invoices may be set off fully or in part, depending on customer instructions. Most of the time, the business will apply payments to the oldest invoices first.

Customer receipt entry process is described in the following sections

!This topic has been done except for screenshots. Images for this section will be added after screen corrections are made. Receipts/Payments labels mixed up. Rename Payments to Receipts