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Receive Payment on Invoices

The Receive Payment feature allows you to enter receipts from clients for outstanding invoices and interest. PCLaw treats amounts that you enter over the amount outstanding (A/R) as a General Retainer entry. PCLaw records the payment as an entry on the General Bank Journal, Client Ledger, and Payment Allocation Listing.

Use the Receive Payment window to record payment for the following purposes:

• Receiving Payment for a Single Matter or Client
• Receiving Payment for Multiple Matters
• Applying Payment to Accrued Interest
• Entry Will Result in an Overpayment