Balance Forward - Apply Credit

(ID# 320) This A/R option in Options Configuration determines how the system ages credits for balance forward accounts. (This field does not apply to open item accounts because you apply payments to specific invoices.)

B = The system applies the credit to the oldest balance first.

D = The system applies the credit to the proper aging bucket based on the due date of the document.

If a credit balance exists, the system applies it to the next most current aging bucket.