Apply an Unposted Cash Receipt or Credit Memo to a Billing

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Overview

Previously, a record could not be applied to another record if either one was unposted. However, Accounting Seed now provides the ability to apply a Cash Receipt or a Credit Memo to a Billing even if any of the records are unposted.

This information might be helpful to keep in mind when you perform tasks such as the following:

To maintain system integrity, some applicable restrictions are relevant when applying an unposted Cash Receipt or unposted Credit Memo to a Billing. Use the table below to learn about the restrictions.

Restrictions on a ...	Description
Cash Receipt	When a Cash Receipt is applied to a Billing, and either one is unposted, the following restrictions apply: The Cash Receipt and the Billing must have the same Ledger. The Cash Receipt and the Billing must have the same currency - This is only applicable if Multi-Currency is enabled. The Applied Accounting Period must be an open Accounting Period. The Applied Posting Period cannot be in a period that is earlier than the posting period of either the related Billing or the related Cash Receipt. The Billing cannot be overapplied. When applying a Cash Receipt to individual Billing Lines, this restriction applies at the Billing (parent) level — the total applied across all Billing Lines cannot exceed the Billing's balance. There is no overapplication restriction at the individual Billing Line level; you can apply an amount greater than a specific Billing Line's balance as long as the Billing's overall balance is not exceeded.
Credit Memo	When a Credit Memo is applied to a Billing, and either one is unposted, the following restrictions apply: The Credit Memo and Billing must have the same Ledger. The Credit Memo and Billing must have the same currency - This is only applicable if Multi-Currency is enabled. The Credit Memo and the Billing must have the same Currency Conversion Rate - This is only applicable if Multi-Currency is enabled. The Applied Accounting Period must be an open Accounting Period. The Applied Posting Period cannot be in a period that is earlier than the posting period of either the related Billing or the related Credit Memo. The Credit Memo cannot be overapplied. The Billing cannot be overapplied. The Credit Memo cannot be applied to another Credit Memo.

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Apply an Unposted Cash Receipt or Credit Memo to a Billing

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382884991

Apply an Unposted Cash Receipt or Credit Memo to a Billing

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