When an Invoice is highlighted or selected in the distribution section of the Cash Application program and the Apply Line Button is pressed, the system defaults the lower of the available to apply amount for the payment being processed, or the open invoice amount into the payment amount for the invoice. If the invoice terms, invoice and payment dates, and the post date specified in the program indicate that a prompt payment discount can be taken by the customer, the amount of the discount is also defaulted into the discount 1 column in the distribution section of the program.
More: