Although Cash Receipts Entry is designed primarily for posting cash, credit card, and ACH payments to reduce customer balances or pay open invoices, you may occasionally need to prepay an invoice that is not yet in the system, use a payment received to reduce a debit memo, apply a credit memo to an invoice or outstanding balance, credit a finance charge issued to a customer, or make a miscellaneous adjustment to a general ledger account.
Miscellaneous cash receipts can be applied directly to general ledger accounts and posted to the bank. Miscellaneous credit card and ACH payment receipts can also be applied directly to general ledger accounts.
You can enter miscellaneous cash receipts using the following procedures.
Apply a Payment Receipt to a Debit Memo
Apply a Payment Receipt to a G/L Account
