After you have determined that a customer is eligible for anticipation credit and have set up the customer to use it, you still have the option of deciding whether or not to apply this credit each time you enter a cash receipt for that customer.
To apply anticipation credit:
From the A/R menu, select Cash Receipts to display the Cash Receipts window.
From the File menu, select Exit. At the Check for Anticipation Credit prompt, click Yes to apply anticipation credit to the cash receipt, if applicable; otherwise, click No.
One of the following occurs:
If the invoice is eligible for anticipation credit, the system provides access to the credit so that you can adjust the invoice. In addition, the credit now includes a listing of every invoice included in the credit and the amount of credit applied to each invoice.
If the invoice is not eligible for anticipation credit, the following message displays: No Invoice Eligible for Credit.
See Also: