TimeSolv understands the importance of payment allocations. Tracking your payments, knowing how much money you are owed, and allocating incoming payments accurately is an indispensable embodiment of any well managed and organized business. This week’s Tip of the Week will show users how to record payments and allocate them to specific invoices.
After payment has been received, the remittance for the payment can be recorded under the Payments>Payments screen. When users specify a Credit Type (Credit Memo/Payment/Write Off), the Payment Method drop-down gets populated accordingly. When the remittance for the payment is complete, click on the ‘Allocate’ link next to the payment listed below to allocate.
If you’d like more help on recording your payments and/or making allocations call us at 1.800.715.1284, email us at firstname.lastname@example.org or schedule a FREE 30-minute support session.
Latest posts by Maleeha Ahmad (see all)
- Tip of the Week: Avoiding duplicated Client and Matter contacts - May 28, 2019
- Tip of the Week: Customize invoice appearance - May 20, 2019
- Tip of the Week: Attaching expense receipts and invoicing - May 13, 2019