Receiving payment at time of invoicing

  • Receiving payment at time of invoicing

    Posted by DSC Communities on December 21, 2016 at 5:32 pm
    • Susan Hales


      December 21, 2016 at 5:32 PM

      We have customers that pay at time of invoicing via third party such as Paypal.   The amount received is less than the invoice amount due to the paypal processing fee.   What would be the process for receiving payment at time of invoicing to both relieve the A/R for the full invoice amount and record the processing fee incurred?

      Susan Hales
      Clearwater FL

    • Thaddeus Suter


      December 21, 2016 at 6:27 PM

      You have a couple options if the SOP Invoice is not yet posted and you receive payment.

      Here is one: Enter the payment under “Amount Received”. A window will open to provide the paypal payment details.

      Then enter the paypal processing fee as a Payment Terms Discount Taken right under the Payment field.

      See below:   SALES CR = 99, CASH DR = 97, TAKEN DR = 2 post anywhere you want or default it.

      Thaddeus Suter
      Retus, Inc
      Helotes TX

    • Bert Green


      December 22, 2016 at 8:43 AM

      Here is a thread that covered this issue as well.

      Bert Green
      GP Developer/GP Administrator
      Berger Transfer & Storage, Inc.
      Saint Paul MN
      GP2015/MR CU11

    DSC Communities replied 7 years, 4 months ago 1 Member · 0 Replies
  • 0 Replies

Sorry, there were no replies found.

The discussion ‘Receiving payment at time of invoicing’ is closed to new replies.

Start of Discussion
0 of 0 replies June 2018

Welcome to our new site!

Here you will find a wealth of information created for people  that are on a mission to redefine business models with cloud techinologies, AI, automation, low code / no code applications, data, security & more to compete in the Acceleration Economy!