Magic Support Articles

Auto Apply Credits

Title: Auto Apply Credits
Submitted by: Rapattoni Software Support
Issue: Is there a way to automatically apply all outstanding credit invoices against the appropriate debit invoices?

Many users are not aware of a very useful accounting utility in Rapattoni Magic that allows you to automatically apply credits, instead of manually having to process them. This process can be a real time saver for you and your staff! This feature allows you to apply all specified outstanding credits and debits against each other.

Auto Apply Credits is particularly useful when run just prior to printing statements, since it can potentially eliminate phone calls about why a credit was not applied.

Auto Apply Credits Utility

After opening the Auto Apply Credits Utility, simply fill in the criteria and click Create Report. NOTE: You can run this utility as a trial first by selecting the trial option under Update Option. After the process is complete, you can print out a copy of all of the credit and debit transactions for your reference.