Advantage Financial allows you to apply payments at any one of four different levels:
To a central statement covering one or more customer accounts
To an entire customer account
To a specific transaction (Collection, CL, or Receivable, RE)
Or to a particular line on a transaction
Payment is applied by the system in the order you have specified on the System Options or Billing Profile tables (for example, interest, late fee, tax, principal). With the exception of payment application at the central statement level, you can override this payment application order for a specific cash receipt by specifying your desired posting order on the vendor/customer line of the Cash Receipt (CR) transaction.