Allocating a Sales Payment on Account

Allocating a Sales Payment on Account to a Sales Invoice pays that invoice using the money already received. You can allocate it to one or more invoices for the same customer, in whole or in part.

Allocating doesn’t create any new ledger entries. It reduces the balance outstanding on both the payment on account and the invoice.

Allocate a payment on account

1. Open Aedon.Sales, click the Sales POAs tab and open the posted payment on account.
2. Click Allocate.
3. The Allocate Outstanding Credit to Invoices window lists the customer’s unpaid invoices. Enter the amount to use against each invoice in Amount to Credit⁽¹⁾, and change the Allocation Date if needed.
4. Click Allocate⁽²⁾.

The Balance Outstanding shows how much of the payment on account is left. The Allocation History tab shows which invoices it has been allocated to.

Reverse an allocation

If you allocated to the wrong invoice, click Unallocate on the payment on account, then allocate it again.

Related articles

• Sales Payment on Account
• Refunding a Sales Payment on Account