Managing client receipts and related items

Overview

You can manage client receipts, miscellaneous receipts, credit memos, deposits, and prepayments from the > Manage > Client Receipts window.

When you manage client receipts, you can do the following:

• Enter receipts to pay or write off client invoices.
• Create a deposit from a list of all client and miscellaneous receipts not currently associated with a deposit.
• Enter, view, and report by receipt or invoice paid.
• Apply partial payments to an activity type of Labor, Expense, or Consultant.
• Enter receipts to clients or to a project but not apply them to client invoices. These receipts are called prepayments.
• Enter credit memos and apply them to existing open or partially paid client invoices.

Follow a work plan

1. Click > Manage > Client Receipts.
2. Apply payment from a client to one or more outstanding invoices.
3. You can also record prepayments or retainers and apply them to invoices at a later date.
4. You can enter credit memos if you are unable to collect the entire amount of the invoice.