Cash Receipts Monthly Summary Report

[katie042]

I am trying to understand this report. On the right hand side towards the bottom, this report has three sections. It states "Total Receipts Paid on Invoice". Total Receipts Paid on Account" and Total Receipts Paid on Deposit". My question is, What transactions occur when the dollars fall into "Total Receipts Paid on Account" and "Total Receipts Paid on Deposit". Any help in understanding this would be greatly appreciated. Thank you!

[ricmorin]

Hopefully I get this right.......

Paid On Deposit is a payment before the order becomes an Invoice or is marked as printed.

Paid On Account is a payment on an Invoice after it is posted.

Paid On Invoice is a payment on an Invoice before it is posted but after it is printed.

I'm not 100% sure on this. There is a separate report called Cash Receipts Deposit that lists only the deposits. That might shed some light on it for you.