How to: Set Up Manual Payment Reconciliation
Before you can start processing payments in the Payment Registration window, you must select how to post, which balancing account to use, and whether values are automatically filled in.
To set up the payment registration journal
In the Search box, enter Payment Registration Setup, and then choose the related link.
Alternatively, from the Payment Registration window, on the Home tab, in the Process group, choose Setup.
Fill in the fields in the Payment Registration window as described in the following table.
Field Description Journal Template Name
Specifies the type of the journal that payments are posted with, such as PAYMENT. For more information, see General Journal Templates.
Journal Batch Name
Specifies the subtype of the journal that payments are posted with, such as PMT REG. For more information, see General Journal Batches.
The contents of the field determine which balancing account type and number are automatically populated in the Bal. Account Type and Bal. Account No. fields.
The value in the Bal. Account Type field is either Bank Account or G/L Account.
Bal. Account No.
Specifies in which balancing account a balancing entry is created for each payment that is posted.
Use this Account as Def.
Select if you want the selected balancing account to be used every time that the Payment Registration window is opened.
If the check box is not selected, then you will be reminded to select a balancing account every time that you open the Payment Registration window. This may be relevant, for example, if you want to register different types of payments on different balancing accounts.
Use this Account as Def.
Specifies if the work date is automatically filled in the Date Received field when you begin to enter payment information on a line in the Payment Registration window.
Choose the OK button.
See Also
Tasks
How to: Reconcile Payments Manually
How to: Reconcile Payments With Discounts Manually
How to: Reconcile Overdue Payments Manually
How to: Find Unpaid Documents During Manual Payment Reconciliation