Allocate sales receipt from trust

Summary

Learn how to allocate sales receipts automatically when adding trust payments against invoices.

This article covers:

• Overview
• Allocate a sales receipt

Overview

When you add a trust payment against an invoice, the system automatically creates and allocates a sales receipt, which appears in the customer statement with the description ‘Credit’. 
This process helps you accurately record income from trust funds and link payments directly to their corresponding invoices.

Allocate a sales receipt

If you want to automatically allocate a sales receipt, you need to add a trust payment against the relevant invoice.

To add a trust payment:

• Go to: Sales > Listings
• Select the relevant listing
• Click the Accounting tab
• Click Add
• Select Add Trust Payment

• Select the relevant ledger (e.g., Advertising)
• Select the Payment method
• Enter a Description of the payment
• Enter the Date of payment
• Select the Invoice you want to apply the trust payment to

• Click Save to complete the process

Once the payment is saved, the system automatically generates a sales receipt and applies it to the selected invoice.

You can view the sales receipt under the Customer Statement or Listing Accounting Statement screens.

The transaction will appear with the ‘Credit’ description. This confirms that the trust payment has been successfully allocated.