Skip to main content

We are new to Multiple Companies and are looking for guidance on on how best to preform payment applications when a CUPOA is required. 

All deposits will be made under one company (Company 1)

All deposit transactions in IFS10 will begin with Company 1, applying payments to customers under Company 1 and Company 2

Our current process is to begin from Customer Check, pull checks into a proposal, and the proposal then into mixed payments.

Our problem comes in when attempting to create a CUPOA on Company 2, when initiating the transaction in Company 1.  All other payment applications are working great, accept for this one.  

 

Hi, 

All my clients since 2004 use mixed payments rather than customer check screen for data entry. Mixed payment supports your needs. 

In Mixed pay, the cash would be at company 1 for example, and then when applying the cash to invoices in company 2 for example, IFS will create the due to / due from intercompany postings.   You should have no issues with cash app. 

When you start with a mixed payment and record the customer check payments, these checks are then sent or written to the customer checks screen - and the checks are cashed, so you don’t loose any functionality, you gain a whole lot more. And, after you move the columns, it’s easier.  Down side of mixed payments - it can do so many things, you need to move the columns to make it quick and easy. Also consider disabling certain types of transactions based on the cash account. That will also make it easier / quicker to use. 

Best regards, 

Thomas

Terms & ConditionsCookie settings