FUNCTION
Deductions on remittances are entered with the payment information. They are matched to sales as closely as possible and GL distributions come from the sales setup.
BENEFITS
- greatly simplifies deduction entry
- if previously accrued applied to correct account
- GL distributions are caluculated automatically
- if unverified are placed in separate subledger
FEATURES
- deductions entered in cash receipts window
- apply to same categories as sales
- accept or set aside for further evaluation
- match as closely as possible to item, invoice etc.
- returns are applied to outstanding credit
- accrued available can be displayed
- commissions can be reduced
