EXEControl has been enhanced to simplify the applying of customer payments directly against specific customer orders when those payments are part of a larger check. In the past, if you had one check that included multiple advance payments for customer orders and/or mixture of customer order advance payments and customer invoice payments, the deposit or advance payments had to be recorded as a blanket payment on account, i.e. POA, which is a payment that is applied to the customer’s A/R account as an open credit waiting for applying to outstanding customer invoices at some point in time in the future.
Now, the entry screen for POA’s has been enhanced to allow you to break out the POA’s against open customer orders as well as blanket POA’s for the customer.
To learn more on how to easily apply deposits and advance payments to customer orders, contact firstname.lastname@example.org.