How can I tell if a customer is Summary Invoice?Summary Invoice refers to an accounting type in the i-Pak system. Accounting types are assigned to cycles and when a customer is assigned a certain cycle, they are then assigned the accounting type for that cycle. Accounting Types can be one of the following: Balance Forward, Open Item, Summary Invoice, or All Transaction Invoices.
Summary invoice customers typically receive invoices. As charges and credits are posted to the customers, the amounts go in to an 'Unbilled' bucket, then when open statement invoices are generated, all the charges are assigned 1 Invoice number and the Unbilled bucket is reset to 0. Payment application is then made against the Invoice only (no line item payment application). The aging of the invoice is controlled by the invoice date.
Please see the Accounting Type documentation for additional information.
How can I tell if a customer is Summary Invoice?
You can check with your System Administrator to see how your cycles were set up.
OR
On the Customer Profile screen next to the cycle - you will see an O/S to indicate summary invoice (open statement).
