Minimum Version Required: 22.01
Steps
How to Edit the Auto-Application Method
1. In the Universal Search Bar, navigate to the Credit Termstable.
2. Arrow into a select Credit term.
3. Locate the Auto Application Method field and click the "pencil" icon to open it for editing.
4. Select an option from the dropdown menu:
a. Manual - all applications are done by the user.
b. Same Invoice or Same Amount - automatically applies if the invoice or amount of receipt is equal to the total invoice.
c. Same Invoice - automatically applies if the invoice matches, even if the receipt doesn't match.
d. Same Amount - receipt will automatically apply to the oldest invoice of the same amount.
e. Auto Apply - receipt will automatically apply to the oldest invoice of the same amount. If there are no matching amounts, all open invoices are applied to the oldest invoice first.
f. Same Invoice and Same Amount - automatically applies if the invoice and amount of receipt are equal to the total invoice.
5. Click the "Save" icon when complete.
AR Accounts and Split Invoices with Credit Terms that are set to an Auto-Application Method of Same Invoice, Same Amount, or Same Invoice or Same Amount.
Fields And Definitions
Auto-Application:
Auto-Application is the process by which the system looks at rules set by the user to determine what invoices can be applied.
Auto-Application is set on the credit term.
Auto-Application occurs on load sheet return so it can occur before the balancing process.