Magaya Software Accounting Manual

ENTER PAYMENTS
• Click the OK button when done. All the information is saved, and a
Payment document is created automatically.
The Payments List will be updated and display the new transaction.
Overpayment: You can enter an amount that is larger than what is listed
in the Invoices screen. A notice will appear, as shown in this example:
This example shows an overpayment of $271.15. Click “Yes” if you want
to accept the payment, or click “No” if you need to make a change. The
difference will remain as a credit for that customer.
The next time you accept a payment from this customer, the credit will
appear in the list. The amount can be applied to future invoices, or you can
create a refund check.
Advanced Payment: Enter the amount in the “Amount” field and click
“OK”. The amount will show as a “Payment” and will be available as a
credit toward future invoices.
Wire Transfer Fees: See the section “Accounts Receivable Special Procedures”
in Chapter 10.
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