• Cash receipts
• Entering cash receipts
• Entering sundry payments
• Entering advanced payments
• Reconciling unapplied cash receipts
• Modifying the reconciliation of receipts or credit notes
• Multiple Payment Example
• Transferring cash receipts from one client to another
• Reversing Cash Receipts
• Setting up the Cash Receipts reversal system
• To reverse a cash receipt that was applied to an invoice
• To reverse a miscellaneous cash receipt
• To reverse a client's cash receipt that was not in payment of an invoice
• Viewing Cash Receipt Journals

To enter an advanced payment

1. On the Process menu, click Cash Receipts.
2. Enter the deposit information.
3. Enter a receipt (or cheque) number in the Receipt No column.
4. Enter the amount of the advanced payment.
5. Enter the client number. At this point, the payment is now set up as an advanced payment.

Notes

• An advance payment or a retainer is a payment on account that is not applied to a specific invoice. A retainer or advanced payment can be reconciled (applied to invoices) through the Cash Receipt screen if it was prepared in the current processing period or through the Account Reconciliation screen if it was prepared in a previous processing period.