Enhanced interface

Create a payment summary—Accounts Receivable

These instructions refer to adding a payment summary, not adding items to the payment summary.

Subscription	Accounts Receivable
Regional availability	All regions
User type	Business
Permissions	Manage payments: List, View, and Add

Go to Accounts Receivable > All > Subledger > Payment summaries.
On the Payment summaries list, select Create.
We recommend that you set up automatic summaries (daily or monthly) by going to Accounts Receivable > Setup > Configuration. The summary date is the date the General Ledger uses to post all transactions within that summary. It's important that you do not combine transactions from different time periods within the same summary. Also, note that summaries are posted automatically to the GL after transactions within those summaries are saved. For advance payments, you can only create a manual payment summary.
In Payment summary title, enter a name for the payment summary.
Intacct uses this name to identify the summary throughout your Accounts Receivable application.
In GL posting date, type or select the date you want the items in this summary to post to the General Ledger.
Sage Intacct autofills the current date, but you can change it.
In Account for check and cash deposits, you have two options.
- Select Bank account to deposit the payments to a specific bank account and select a bank account in the corresponding dropdown.
- Select Undeposited funds account to hold the payments in an undeposited funds account until you make the deposit later. Choose the undeposited funds account in the corresponding dropdown.
To inactivate (or close) the payment summary, select Status, then select Inactive.
Otherwise, leave Status set to Active.
Select Save.
The payment summary you created is a manual payment summary even if the auto-summary feature is on.

Go to Accounts Receivable > All > Subledger > Payment summaries.
On the Payment summaries list, select Add.
We recommend that you set up automatic summaries (daily or monthly) by going to Accounts Receivable > Setup > Configuration. The summary date is the date the General Ledger uses to post all transactions within that summary. It's important that you do not combine transactions from different time periods within the same summary. Also, note that summaries are posted automatically to the GL after transactions within those summaries are saved. For advance payments, you can only create a manual payment summary.
In Payment summary title, enter a name for the payment summary.
Intacct uses this name to identify the summary throughout your Accounts Receivable application.
In GL posting date, type or select the date you want the items in this summary to post to the General Ledger.
Sage Intacct autofills the current date, but you can change it.
In Account for check and cash deposits, you have two options.
- Select Bank account to deposit the payments to a specific bank account and select a bank account in the corresponding dropdown.
- Select Undeposited funds account to hold the payments in an undeposited funds account until you make the deposit later. Choose the undeposited funds account in the corresponding dropdown.
To inactivate (or close) the payment summary, select Status, then select Inactive.
Otherwise, leave Status set to Active.
Select Save.
The payment summary you created is a manual payment summary even if the auto-summary feature is on.