Deductions > Exercise: Recording Deductions (US) > Recording Payment and Deductions
  PPT
Recording Payment and Deductions
1 Use Customer Payment Create (27.6.4.1) to record a check payment of 90 USD for customer 10C1001.
 
Field
Value
Customer Code
10C1001
Amount
90
Currency
USD
Due Date
Set to 40 days beyond the system date to avoid incurring discounts for early payment.
Reference
CH011
Status
For Collection
2 Click the Allocate button.
3 Use the fields and Search button to locate customer invoice Inv 10C1001-10 created earlier.
4 In the grid, click the Full (Allocation) field for invoice 10C1001-10.
5 Click the Deduction button.
6 Specify the following information in the Customer Payment–Deduction screen:
 
Field
Value
Deduction Description
Damage
TC Deduction Amount
10
Deduction Category Code
Damaged Goods
7 Click OK.
The system adds a new line to the Customer Payment–Allocate grid with allocated invoices.
The deduction line is a customer invoice of type Deduction.
8 Right-click on the deduction line, and select Deduction Details.
9 Change the deduction amount for the Damaged Goods category to $7.50.
10 In Customer Payment–Deduction Details, right-click in the grid and choose Insert a New Row.
11 For the new line, specify a deduction category of Late Delivery and a deduction amount of $2.50.
12 Click OK in Customer Payment–Deduction Details.
13 Click OK in Customer Payment–Allocate.
14 Save the payment.
15 Open Journal Entry View and search for a journal entry with a creation date of today and that includes “Damage” in the journal entry description.