Steps to Select
Receivables for ProcessingThe Select Receivables for Processing option is used within a batch of cash receipts in General Ledger to bring in the outstanding receivable entries recorded in a prior fiscal year (within a cash receipt batch where the Create Receivables field was marked) for which the money has now been received in the new fiscal year. With the Select Receivables for Processing option, the entries from the outstanding receivables to debit the cash accounts and credit the receivable accounts will be brought into the batch of cash receipts.
Tip: Only the receivable entries that have an outstanding balance can be selected for processing.
Note: The Select Receivables for Processing option is disabled if accessed from within a cash receipt batch defined as recurring (the Recurring Entries field is selected for the batch) or used for entering receivables (the Create Receivables field is selected for the batch).