Summary of Applied Funds Tab

Accounts Receivable > Accounts Receivable Transaction Documents > Payment Application > Document Layout

Summary of Applied Funds Tab

This tab tracks the amounts being applied. The open amount decreases and the applied amount increases as funds are applied. All data in this tab is display-only.

For Payment Application documents created from a Cash Control document, information is displayed from the Cash Control document as follows:

Summary of Applied Funds tab definition (based on Cash Control Document APP)

Title	Description
Cash Control	The total dollar amount credited to the processing organization's clearing account that is to be applied.
Open Amount	The dollar amount not yet applied to an appropriate location. This amount decreases as funds are applied and must be zero before you submit the document.
Applied Amount	The dollar amount that has been applied on this document. This increases as the open amount decreases and must equal the cash control amount before you submit the document.

For Payment Application documents initiated from the main menu, the Summary of Applied Funds tab shows the Total Unapplied Funds and the Open Amount to be applied on the Payment Application document.

Summary of Applied Funds tab definition (based on Direct Payment Application Document APP)

Title	Description
Cash Control	The total dollar amount credited to the processing organization's clearing account that is to be applied.
Total Unapplied Funds	The total unapplied funds dollar amount yet to be applied to the processing organization's clearing account.
Open Amount	The dollar amount not yet applied to an appropriate location.
Applied Amount	The dollar amount applied on this document.

For auto generated APP documents, the Summary of Applied Funds tab shows the Applied Funds and the Unapplied Funds applied on the Payment Application document.

Summary of Applied Funds tab definition (based on Auto Payment Application Document APP)

Applied Funds section

Title	Description
Invoice Nbr	The invoice number from the originating Customer Invoice document.
Item #	The invoice item number from the originating Customer Invoice document.
Inv Item Code	The invoice item code from the originating Customer Invoice document.
Inv Item Desc	The invoice item description from the originating Customer Invoice document.
Applied Amount	The dollar amount on this document.

Unapplied Funds section

Title	Description
Applied Amount	The amount from the originating Payment Application document that has been applied.

If funds are applied to invoices, the invoice information will be displayed. For example, the following image shows this tab after applying $300 credit to two invoices.