Automatic Cash Receipt Adjustment

Automatic Cash Receipt Adjustments are used to create automatic sales adjustments when an invoice is lower than the invoice amount.

To turn on this feature, go to Settings > Preferences

You can select a percentage of invoice amount, or fixed amount.   The automatic feature will only be enabled when a numerical value is entered in this field.  

To use this feature you will need to set up a sales account with the account name TOLERANCE.

To process an automatic cash receipt adjustment, go to + Receipts Ledger:

1.  Enter the customer name

2. Select the payment date, deposit to account and enter the Payment #

3.  Select the invoices that are being paid, and enter the amount paid.

4.  Check the Use Tolerance Adjustment button.

6. If the short pay falls within the tolerance range specified in Settings, then an automatic adjustment will be entered on each worksheet paid in that deposit.  

If you have additional questions, please contact the Support Team via email to support@cietrade.net.