Applying Anticipation Credit

After you have determined that a customer is eligible for anticipation credit and set up anticipation credit to be applied, you still have the option of deciding whether or not to apply this credit.

To apply anticipation credit:

1. After you have entered information into the Cash Receipts screen, press Esc.

The following message displays: Check for Anticipation Credit (Y/N).

2. Enter one of the following:

• Y – Applies anticipation credit

• N – Does not apply anticipation credit.

3. Press Enter.

One of the following occurs:

• If the invoice is eligible for anticipation credit, you are given access to the credit to make an adjustment to the invoice. In addition, the credit now contains a listing of every invoice and the amount of credit applied to each.

• If the invoice is not eligible for anticipation credit, the following message appears: No Invoice Eligible for Credit. Anticipation credit will not be applied.

See Also:

Anticipation Credit Overview