The Balance Due Button on the receipt screen allows you to set up an AR suspense record while you are creating the receipt. This creates a balance due on the customer folder and assures that the amount due will not be overlooked.
To create an AR record for a balance due, simply press the Balance Due button.
- Enter a Due Date for the payment
- Enter a date to request cancellation of the policy if the agency is not paid
- You will notice that the Policy Drop down list has had the policy number from your receipt automatically inserted
- Click Line Item
- Enter Policy, Description and amount
- Click Append Line
- Then Print or click the back button