(ID# 3578) Set this Accounts Receivable option in Options Configuration to Y or S if you would like a summary of all payments that were taken during the month to print on statements. This payment summary reflects payments made between the RSM 'Start Date' and 'Closing Date' (inclusive). Only payments taken during this time frame will be summarized in the 'Payment Summary' section.
N = The statement lists the individual payments. If you take a payment which is applied to multiple invoices, the payment is split into multiple payments and listed on the statement as individual payments. The total amount of the check prior to being split across multiple invoices does not appear on the statement.
Y = The statement still lists the individual payments including individual payment when a payment is split across multiple invoices, but the system also prints the original payment amounts (check number, check date, and check amount) in a new 'Payment Summary' section at the end of the statement. A 'Total Payments' line will also print which is simply the sum of all payments taken during this statement period.
D = Summarize payments as detail items. Each payment will appear on the statement as one detail line, even if the payment was applied to multiple invoices. This detail line shows the check number of the payment in the Description column, and the original document number of the payment in the Reference column.
S = Fully paid open items do not print in the body of the statement. Only unpaid invoices, partially paid invoices and their related payments, and unapplied payments print in the body. A ‘Payment Summary’ prints at the end of the statement.
This option is supported on dot-matrix or laser statements.