Shared Payments - Accepting Customer Payments on Behalf of Another Subsidiary

Overview

Shared Payments enables companies to accept customer payments in one subsidiary on behalf of another. 

The following walkthrough explains this process.

Click here to view this walkthrough in full screen.

Step by Step Process

1. Navigate to the desired invoice or create the new invoice (Transactions > Sales > Create Invoices)
2. On the "Custom" tab select the desired company to collect the invoice payment in the field Shared Payment Subsidiary View full size
3. Select Save View full size
4. Once the invoice has saved a new subtab "Shared Payments" will appear
   1. On this tab the Shared Payments Journal that was automatically created is displayed View full size
5. The Shared Payment Journal will be an Advanced Intercompany Journal that will appear as follows View full size
6. Next, the customer payment can be accepted by navigating to Transactions > Customers > Accept Customer Payments
7. Select the Customer and the Subsidiary that will be receiving payment View full size
8. Select the Shared Payment Journal Entry that was just created View full size
9. Select Save and the payment will be created View full size
10. Once Saved, the Shared Payment Journal will show the payment under the "Related Records" subtab View full size
11. The original invoice will also show a status of "Paid in Full" with a link to the Shared Payments Journal on the "History" subtab View full size