Create a batch of QuickCash receipts when you need to enter and apply receipts quickly. The QuickCash window requires only minimal information for each receipt and application. QuickCash also provides an extra level of control for entering high volume receipts because it does not immediately affect your customer’s account balance.

When you enter receipts and applications in a QuickCash batch or import them using AutoLockbox, Receivables stores the data in an interim table. You can then use the QuickCash window to review receipts and ensure that application information is correct. After reviewing a QuickCash batch for accuracy, run Post QuickCash to update your customer’s account balances.

QuickCash lets you apply your receipts to one or many transactions, use AutoCash rules, place receipts on–account, or enter them as unidentified or unapplied. If you enable the profile option AR: Enable Cross Currency, you can also apply receipts to transactions in different currencies. After you run Post QuickCash, Receivables treats QuickCash receipts like any other receipts; you can reverse and reapply them and apply any unapplied, unidentified, or on–account amounts.

You must batch QuickCash receipts. Receivables does not update the status, applied, on account, unapplied, and unidentified fields for your QuickCash batch until you save your work.

Application Types:
Auto Cash Rule: Apply receipts to this customer’s transactions using AutoCash Rule Set defined for this customer’s profile class. If this customer’s profile class does not have an AutoCash rule Set assigned to it, Receivables uses the AutoCash Rule Set defined in the System Options window.
Single: Apply this receipt to a single installment. If you choose this option, you must also enter the transaction number to which you want to apply this receipt.
Multiple: Apply this receipt to multiple transactions or to multiple installments. You specify the transactions and installments to which you want to apply this receipt in the Applications window.
On–Account: Apply this receipt to a customer’s account, but not to a specific transaction.
Unapplied: Mark this amount as Unapplied if this receipt is not applied to any transactions.
Unidentified: Mark this amount as Unidentified if this receipt is not associated with a customer.

To apply a QuickCash receipt to several transactions:

1. Navigate to the Receipt Batches window.
2. Query or enter the QuickCash batch.
3. Choose Receipts.
4. If this is a new batch, enter receipt information and choose an Application Type of Multiple. If the receipt currency is different
than the batch currency, specify exchange rate information.
5. Choose the Multiple button.
6. Enter a transaction or select one from the list of values.