Transactions Module

The Transactions module lists all transactions made, including accounts receivable (AR), non-AR, unknown, ignored, and credit adjustment reversals. You can take actions with these transactions in this module, including manually edit and match transactions, post transactions, move transactions between accounts, put non-AR transactions on hold or cancel them, or split AR transactions.

Payment and other transactions are individual entries recorded in a transaction file and processed in the Payment Matching application’s Transaction Files module (refer to Transaction Files Module).

Transactions are processed into the following categories and types (if any):

• AR Transactions:

  • Cash In: Payment applied to an open invoice.

  • Cash Out: Payment cancellations. The date of the transaction will be the date of the statement. However, if the statement is backdated, the transaction date will be the current date.

  • Chargeback: Payment is canceled. The invoice associated with the chargeback is put into a state that prevents the auto payment processing job from attempting to take a payment for that invoice when the next Auto Payment processing job runs. A payment can be manually applied to an invoice with a chargeback. The date of the transaction will be the date of the statement. However, if the statement is backdated, the transaction date will be the current date.

• Non-AR Transactions:

  • Cash In: Payment applied to an open invoice.

  • Cash Out: Payment cancellations.

• Unknown

• Ignored

• Credit Adjustment Reversals

Refer to the following topics for additional information about working with transactions in the Transactions module application: