On Account Credits

These are the credits assigned to a customer’s account and not to any specific invoice. E.g.

Customer Kirton Bearings remits a payment of $100 , but the sum of amounts of all the invoices pending for this customer is $70, an on account credit of $30 can be created for this customer .

The on account credit can be created from the transactions window.

Navigation : Receivables Superuser > AR_NAVIGATE_GUI : Transactions

The on account credit created from this form can be applied to any invoice by Choosing Applications