To set up anticipation credit in Customer Maintenance:There are two areas that require setting up in order for you to use anticipation credit:
Product maintenance
Customer maintenance
Create a miscellaneous charge product, which will be used to determine the anticipation credit percentage, and then assign this product to the C/R Anticipation Credit Invoice Product control maintenance record. For more information, see Product Maintenance Overview.
In Customer Maintenance you can override the setting for the branch to which the customer is assigned. For more information, see Customer Maintenance.
To set up anticipation credit in Customer Maintenance:
From the Files > Customer > Customer Maintenance screen, use the Credit hot key, then use the Add'l Credit Data hot key to display Additional Customer Credit Data screen.
In the Anticipation Credit Invoice field, do one of the following:
Leave the field blank. This indicates that the setting in the Create Anticipation Credit Invoice From C/R control maintenance record will be used.
Enter one of the following:
Y – Activates the anticipation credit feature for this customer and overrides the control maintenance record setting.
N – Does not activate the anticipation credit feature for this customer and overrides the control maintenance record setting.
When you are finished, press Esc to save this information and exit this screen.
See Also: