Using Accounting Component › Account Management › Post a Payment to an Account

Post a Payment to an Account

Payments can be posted for an account to settle any outstanding balances. An account’s balance is maintained in its Accounting Profile.

To post a payment to an account

1. Click Accounting, Account Management.

   The Account Management page appears.

2. Click the Make Payment icon for the account for which you are posting the payment.
3. The Payments List and Payment Details page appears. From this window, you can perform the following actions:
   • Add payments to the Payments List by completing the payment details and clicking the Add to List button.
   • Modify Payments in the Payments List by selecting the payment, making your modifications and clicking the Update Payment button.
   • Delete Payments in the Payments List by selecting the payment and clicking the Delete Payment button.
4. The Business Unit, Account Name, and Account Balance are pre-populated in the Payment Details window.
5. Complete the following Payment Details:
   • Payment Date - defaults to today's date.
   • Payment Amount - enter the amount of the payment
   • Payment Method - select Check, Cash, or Credit Card.

     Note: To configure the selections for payment methods, click Accounting, Configuration, Payment Methods.

     • Payment Response - this field defaults to the property value of the Payment Response of the Accounting Configuration. Default value is Payment received - Thank you.
     • Check information (if payment is by check)
     • Credit Card information (if payment is by credit card)
6. Click Submit Payment.

   The payment is processed.