The settlement type of the payment transaction. You can use the Settle open transactions page to settle invoices that were ...

The settlement type of the payment transaction. You can use the Settle open transactions page to settle invoices that were previously posted. When you record a customer payment and specify Customer in the Account type field, the transaction is posted to the selected customer account. At the same time, a transaction is made automatically in the customer summary account in the general ledger.
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