Receipts and payments – Rice Lake TransAct 5.0 - Installation & Operation Manual User Manual

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Receipts and Payments 

Receipt Screen (Receivables) 

This screen is used to record a customer payment (receipt) and distribute it to one or more
unpaid invoices. If there are no unpaid invoices or you decide not to distribute the
payment, the amount received will appear as undistributed in the invoice list (Invoice /
Ticket column will equal "Rcpt / rcpt#" and the amount due will be negative).

Payment can also be distributed to an undistributed reverse receipt. These are designated
with "RevRcpt / rcpt#" in the Invoice / Ticket column.

How to Get Here

Accounting-->Receipts and Payments-->Receipt Radio Button

Field Descriptions

Account

Select the customer making the payment from this drop down list.

Received

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