Exercises

Unit: Banking
Topic: Incoming Payments

At the conclusion of this exercise, you will be able to:

 Post incoming payments manually using different payment means

You can use manual payments to post payments for a single customer or
vendor.

1-1 Incoming Payment (using cash payment means)

1-1-1 Create an A/R Invoice.
Create an A/R invoice for any domestic customer, for example, C20000.
To make sure that discount is not applied for prompt payment, change the
Due Date and select a date that is over one month in the past (this is for the
exercise only). Ignore the system message about the Due Date field. Leave
the Posting Date as today.
Select any item and add the invoice.
Sales A/R => A/R invoice => customer C20000 => due date ganti 1 bulan sebelumnya
=> isi item => add

1-1-2 Post an incoming cash payment.

The customer pays the invoice in cash. Post an incoming payment using
the cash payment means.
Banking => incoming payments => isi kode customer (C20000) => centang apa yang ingin
dibayar => klik icon payment means pada total amount due => pilih cara pembayarannya (cash)
=> ctrl + B untuk copy harganya

1-1-3 Check the Posting.

Check the journal entry posted by the payment.
Pengecekan dapat dilihat apabila sudah tidak ada di incoming payments
1-2 Incoming Payment with Cash Discount (using check payment means)
1-2-1 Create an A/R Invoice with Cash Discount
Create an A/R invoice for any domestic customer. Post this invoice with a
payment term that allows cash discount.
Tip: To check the payment terms for a customer, click the orange
navigation arrow on the Payment Terms field. If the Cash Discount field is
blank, select a cash discount from the dropdown list. To see the terms for
the cash discount, click the orange navigation arrow.
1-2-2 Post an incoming check payment.
The customer pays the invoice amount less the discount using a check.
Post the payment using the check payment means.
1-2-3- Check the Posting.
Check the journal entry to see if the cash discount was applied
Sales A/R => A/R invoice => customer C20000 => ke bagian accounting => payment terms => isi
cash discount => update dan add
Banking => incoming payments => code C20000 => centang item tadi => klik ikon total amount
due => pilih pembayaran check => isi due date dan amount dengan melihat A/R invoice tadi (ctrl
+ B untuk copy)
(Check discount dapat dilihat di tabel incoming payments)

1-3 Partial Incoming Payment (using cash payment means)

The customer pays part of his debt on an open A/R Invoice.
1-3-1 Create an A/R Invoice
Create an A/R invoice for any domestic customer, for example, C20000.
Change the Due Date and select a date that is over one month in the past.
Ignore the system message about the Due Date field. Leave the Posting
Date as today.
Select any item and add the invoice.
1-3-2- Post partial incoming payment
The customer has cash flow problems and cannot pay the invoice in full.
Select the invoice and post an incoming payment with cash payment
means for part of the invoice amount.
1-3-3 Post an incoming cash payment for the remaining invoice sum
The customer pays the remaining sum of the invoice in cash. Select the
invoice and post an incoming payment. Tip: Use CTRL+B to enter the
remaining balance in the payment means window.
1-3-4 Check the customer Account Balance
Check the customer’s account balance to see if the invoice has been
completely reconciled.
Sales A/R => A/R invoice => customer C20000 => ganti due date 1 bulan sebelumnya => posting
date tetap sama => isi item => add
Banking => incoming payments => Code C20000 => centang item tadi => isi berapa payment di
sebelah payment on account => add => klik ikon total amount due => pilih pembayaran cash =>
ctrl + B => check dengan melihat apakah sudah hilang di incoming payments