3-3-2 Electronic Receipts

You use the 3-3-2 Electronic Receipts window to process credit card and ACH payments for receivable invoices.

Note: Before you can process electronic receipts, you must open a merchant account with Paya. You must also enter your merchant credentials, as well as the general ledger account associated with your merchant account, in the 7-1 Company Information window.

For more information about Paya Exchange and the Paya Exchange Vault, see About Paya Exchange.

For conceptual information about processing electronic receipts, see About electronic receipts.

Entering a payment against an invoice

Entering an electronic payment is similar to entering a cash receipt. Because you enter electronic invoices for only one client at a time, you need to enter only the Client number in the transaction header.

Entering payments and applying credits to invoices simultaneously

You can simultaneously enter a payment and apply a credit invoice. Suppose a job has a $500.00 credit invoice, a $1,000 invoice, and a $3,000 invoice. The client sends a payment of $3,500, the total amount due. You can apply the credit to either invoice, then apply the payment to the remaining balance.

Applying credit invoices to receivable invoices

You can apply the balance of a credit invoice to one or more receivable invoices. It is also possible to apply only a portion of the credit invoice balance to an invoice and apply the remaining balance later.