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Documentation > MAC-PAC Reference Library > Financials > Accounts Receivable > Screens > Payment Entry and Application > AR120S7A - Deduction Entry Screen

AR120S7A - Deduction Entry Screen

 

 

WILLIAMS                  PAYMENT ENTRY AND APPLICATION                 4/11/94

 DSP01                          DEDUCTION ENTRY                       DEDUCTIONS

                                                     Pmt Amt             20.00 

 Customer      A-1         001 BRU                   Applied             10.00 

 Customer Name A-1 SERVICE                           Chrgbck               .00 

 Payment       CK 11111111                      BEF  Ded Amt               .00 

                                                     On-Acct             10.00 

                                                                               

 RC Reference      Deduct Amt       Comments      Co  Loc              Reset - C

                                                                               

 D1 1111111111 5                                  001 BRU                       

                             .00                                               

                             .00                                               

                             .00                                               

                             .00                                               

                             .00                                               

                             .00                                               

                             .00                                               

                             .00                                               

                             .00                                              +

                                                                               

 F4=Prompt           F9=Applications     F10=Return to List  F13=Cancel Tran   

 F16=Review Header   F22=End Tran        F23=End Tran/On Acct                  

                                                                                

 

 

This screen may be used to record miscellaneous deductions taken by the customer.  These miscellaneous deductions can be reviewed later on by your payment entry clerk and adjustments can be made.  Deductions may be recorded by entering a reason code, reference number, amount, description, VAT code, and company/location.

PAYMENT AMOUNT

Display only.  Amount of payment in payment currency.

CUSTOMER

Display only.  The customer whose payments are listed.  The customer was entered on the header screen.

PAYMENT AMOUNT APPLIED

Display only.  Amount of payment that has been applied to open items.

CUSTOMER NAME

Display only.  The name of the customer whose payments are listed.  The name is retrieved from the Customer Master File for the corresponding customer number.

CHARGEBACK

Display only.  This field displays the amount entered as a chargeback for the customer (a negative amount) indicating an overpayment made by the customer.

PAYMENT

Display only.  Payment type and number.

DEDUCTION AMOUNT

Display only.  The accumulated deduction total amount.  Enter a positive amount to indicate the amount of the open item to be added to the customer's total; enter a negative amount to indicate the amount of the open item to be deducted from the customer's total.

ON-ACCOUNT

Display only.  Amount of payment remaining to be applied in the payment currency.

REASON CODE

Required.  Used to determine the deduction account to be adjusted.  Must be defined on Reference File category 350 and must be a deduction type.

REFERENCE

Required.  Enter a reference document number to associate with the deduction.  There is no validation on this field, other than it cannot be blank.

DEDUCTION AMOUNT

Required.  Enter the deduction amount to be taken.  Must be numeric and must not be zero.

COMMENTS

Optional.  Description of the deduction.

COMPANY/LOCATION

Optional.  Customer's company/location.  If not entered, bank's company/location will default.

CUSTOMER

Displayed only in corporate list mode.  If in corporate list mode, this is the bill-to customer of the deduction.

VAT CODE

Optional.  This field will be to used to recalculate VAT for the deduction when a new open item is not created to replace the deduction.  The VAT code must exist on Reference File category 308 and its type must be set to blank (normal VAT type).  This processing will only occur if the VAT adjustment flag on Reference File category 350 is set to ‘Y’ and the write-off VAT correction flag on Reference File category 307 is set to ‘Y’.

RESET

Optional.  To cancel one of the application lines you have already entered, type the reset value in this field and press Enter.  The reset value is defined on Reference File category 337.

COMMAND KEYS

Enter - Update the screen's total.

F4    - Display a list of valid values for the field where the cursor is located.

F9    - Display the Payment Applications screen.

F10   - Display the Open Item List screen.

F13   - Back out all applications made with the current payment and return to the header screen.

F16   - Display the header.  When the header is displayed you can change some information (such as payment amount) relating to this transaction.  Any amounts entered on this screen will remain on this screen when you return to it.

F22   - End the transaction and update the customer's file with the payment information entered.  This function key is only valid when the entire payment has been applied.

F23   - End the transaction and place any remaining, unapplied amount on account.