Apply Unapplied Payments
Apply
Unapplied Payments
Follow the steps below to ensure that unapplied payments are successfully applied and adjustments are properly recorded.
To apply unapplied payments, navigate to Adjustments → Apply Unapplied Payments.
Step 1: Configure Filters for Eligible Invoices
Select Filters: Use the filter drop-down to determine which invoices are eligible for the application of an unapplied payment. Options include:
1. Source, TCode, or Category: Choose one from the drop-down. The menu below will dynamically update based on the selected filter.
2. Account ID: Apply unapplied payments to a specific account by entering or selecting the relevant Account ID.
3. Property ID: Apply unapplied payments to a specific property by entering or selecting the relevant Property ID.
4. Include Lien Invoices: Check this box to include lien invoices in the list of eligible invoices.
Step 2: Retrieve Eligible Invoices
Press the "Get
Candidates" button to load the invoices eligible for applying for an
unapplied payment.
Step 3: Review and Adjust Selections
Top Grid: Displays the list of eligible invoices.
Bottom Grid: Displays the corresponding unapplied payments.
By default, all eligible items will be selected. To exclude any item, uncheck the checkbox next to it.
Step 4: Confirm Payment Date
Review and confirm the payment date to
be used for the resulting payment and re-applied payment records.
Step 5: Create Adjustment Memos
Press the "Create Memos" button to generate the corresponding adjustment memos for the selected records.
Step 6: Finalize the Process
1. Print the adjustment journal:
Navigate to Adjustments → Print Adjustments Journal.
2. Post the adjustment batch:
Navigate to Adjustments → Post Adjustments.
For inquiries, please reach out to us at support@interwaredev.com. You can also call us at (877) 357-7100. If you're calling from within New Hampshire, dial 603-673-7155. For assistance with FundWorks, press 2 when prompted.
Related Articles
Default TCode for Unapplied Payments
FundWorks Administration –Default TCode for Unapplied Payments Default TCode for Unapplied Payments The default TCode assigned to unapplied payments can now be configured based on Source. To set the default TCode in the Administration module, select ...Reverse Payment & Reenter Payment Adjustment
FundWorks Accounts Receivable – Reverse Payment & Reenter Payment Adjustment Reverse Payment Process Navigation Path: Adjustments → Return Check Processing Reverse checks are generated, printed, and posted from the Adjustments menu. Follow the steps ...Setting Tolerance (+/-) Amount
FundWorks Administration –Setting Tolerance (+/-) Amount Setting Tolerance (+/-) Amount Tolerance (+/-) The ability to set a tolerance amount has been added to payments entered through Journal Pay. Previously, this was only available for payments ...Updated: MS-61 Report Guide
FundWorks Accounts Receivable –MS-61 Report Guide MS-61 Report Guide Purpose: This guide helps you gather the data needed for the MS-61 Annual Report, which is submitted to the State of New Hampshire as part of your property tax reporting ...Synchronize Data to EB2Gov
FundWorks Accounts Receivable – Synchronize Data to Eb2Gov Synchronize Data to EB2Gov Navigate to EB2Gov Menu > Synchronize to access Synchronize Data screen. Overview on how to Use the Synchronize Data Screen: 1. Select the Sources: o Check the All ...