Types of Accounts Receivable Batches

There are four types of transaction batches in Accounts Receivable:

• Invoice batches. These batches contain:
  • Invoices (including interest invoices and retainage invoices).
  • Debit notes.
  • Credit notes.
  Notes:

  • You can enter prepayments in invoice batches, but they are placed in receipt batches and are shown on receipt batch listings.
  • In multicurrency ledgers, each invoice batch can contain documents in different currencies.
• Receipt batches. These batches contain:
  • Receipts (check, cash, or other method).
  • Prepayments.
  • Unapplied cash transactions.
  • Miscellaneous receipts.
  • Transactions that apply previously posted receipts and credit notes to documents in customer accounts.
  • Adjustments to specific documents (if you use the Allow Adjustments In Receipt Batches option).

  Note: In multicurrency ledgers, all receipts in a single receipt batch must be in the same currency, and the currency must be accepted by the bank code assigned to the batch.

• Refund batches. These batches contain refunds (by check or cash) that you issue to customers.
• Adjustment batches. These batches contain:
  • Write-off transactions.
  • Corrections to posted transactions.

  Note: In multicurrency ledgers, a single adjustment batch can contain transactions in different currencies.