Credits on a customer account can be applied to any sales transactions.
A credit can;
- offset a matching (in dollars) transaction

- reduce the amount of a transaction when the credit is less than the transaction

- create a refund when the credit is larger than the transaction(s)

- pay off transactions and maintain a credit balance

To process a credit in Receivables;
- select
the credit and the sales transaction(s) for the customer
- click Process Payment
- a Tender Option is only required when a payment or refund is required for the customer
- click Pay In Full for a refund or offsetting transactions.
- When reducing a receivable the amount of the credit will need to be entered on the receivable transaction.
- When using a credit that is larger than the receivable payment(s), then the credit amount will need to be reduced to match payment total (see bottom Demo).
- review the Credit Used and Payment. A negative Payment is a refund.
- click Process Payment
Watch the demo below for examples of the first three credit applications listed above.
To apply a credit to transactions and maintain a credit balance (ie. payments less than credit amount).