Pay a Billing in a Future Accounting Period

Overview 

When using the Payment Link in Stripe to pay a Billing, you have the ability to pay a Billing that is in a future Accounting Period. Once the payment is made, the following will occur:

• The payment amount will be reflected on the Billing.
• A Cash Receipt will be created with the Receipt Date that reflects the Payment Date. For example, if the payment was made today, the Receipt Date on the Cash Receipt will also have today’s date. 
• A Billing Cash Receipt will be created with the Applied Date that is the same as the Billing Date (not the Payment Date). 

Pay a Billing in a Future Accounting Period

1. Access the Payment Link screen using the hyperlink for the Billing that is in a future Accounting Period, which you want to pay now. 
   Note: The Payment Link must be configured in the Payments Settings screen. If the Payment Processor that is associated with the Billing has the Type field set to Stripe, when a Billing Line(s) is saved, the Payment Link field will automatically populate with the hyperlink for the related Billing. 
   
   
   
   
2. Click Pay with Card.
3. Enter the credit card information. Then, click Pay. When the process completes, the “Payment Successful” message displays with a reference number to the Cash Receipt.
   
   
   
   
4. Display the Billing record. The Billing that is in a future Accounting Period has been paid.
   
   
   Note: Click here to view the above image in full screen. 
   
   
5. Click the Applied To tab to view the Cash Receipt. The Receipt Date will be the same as the Payment Date.
   
   
   Note: Click here to view the above image in full screen. 
   
   
6. Click the Billing Cash Receipt (BCR) link. The Applied Date will be the same as the Billing Date.
   
   
   Note: Click here to view the above image in full screen. 
   

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Summer '23 Release

Release Notes and Schedule

The Payment Link must be configured in the Payments Settings screen. If the Payment Processor that is associated with the Billing has the Type field set to Stripe, when a Billing Line(s) is saved, the Payment Link field will automatically populate with the hyperlink for the related Billing.