Apply Unapplied Payments

Apply Unapplied Payments

                                                                   FundWorks Accounts Receivable –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.

 

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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.