Rice Lake TransAct 5.0 - Installation & Operation Manual - Manual (Page 73)

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Invoice Group
An account can belong to one of 20 invoice groups. When generating invoices, the
program allows you to select a single or all groups. There are 4 system defined groups:
Do Not Invoice, Daily, Weekly and Monthly. The other 16 groups are user definable in
the Account Options screen.
Statement Group
An account can belong to one of 20 statement groups. When generating statements, the
program allows you to select a single or all groups. There are 4 system defined groups:
No Statements, Daily, Weekly and Monthly. The other 16 groups are user definable in
the Account Options screen.
Beginning Date
The date the beginning balance invoice was entered into the system.
Beginning Bal
Beginning balances are entered into the system as invoices and are aged and paid off like
any normal invoice. This field contains the amount of the beginning balance invoice.
+ Button
Click this button to display a pop up screen that allows you to add or modify the
beginning balance invoice for this account. A beginning balance invoice can no longer be
modified once a payment has been applied or it has appeared on a statement.
Charges
The total of all charges for this account.
Credits
The total of all payments and credits for this account.
Ending Bal
Beginning balance plus charges less credits. This balance should equal the estimated
balance.
Old - Run Aging Report
This message will appear above the aged balances when the balances are not current. To
update the aged balances, run an aging report.