The following will guide you from Creating Invoice, Receiving Overpayment for the Invoice, Processing that Overpayment to Cash Refund and Cutting a Check for that refund.
Receive Overpayment for the Invoice.
Process Refund for Overpayment.
Before you can process a refund, make sure that the Customer is also a Vendor. To do that, open Customer record, click on Entity Type tab and add Vendor in the Type grid. |
http://jira.irelyserver.com/browse/AR-9409
Open the Overpayment transaction. You will see this as the first record from the top, with 'COP-' prefix, i.e. if Starting Number prefix setup for Overpayment is 'COP-', else check the Starting Numbers if setup otherwise.
You can open Starting Number from System Manager > Maintenance > Starting Numbers > select Accounts Receivable in Modules grid > Customer Overpayment. |
Click Process Refund. This will automatically create a posted Invoice > Cash Refund type transaction and a ready to post Pay Voucher transaction
Dr. AR 57.20