TI Code 3 (Logged Receipt)
If you receive a payment but cannot locate the customer or payor, you can log the receipt (TI code 3) to recognize the revenue immediately, and then apply the receipt to the customer's account at a later date. Logging receipts enables you to deposit payments, improve cash flow immediately, and apply the receipt to the customer account and their invoices later. This method of entering receipts is useful when the people who enter receipts and make the bank deposits are different than those who match the receipts to a customer or invoices.
When you enter a logged receipt, the system creates a record in both the F03B13 and F03B14 tables.
After you enter a logged receipt, you must post it to update the bank account balance. When you post a logged receipt, the system distributes the total amount of the receipt to a suspense account that you specify in the AAI item RCLC. After you apply the receipt to a customer's account, the system clears the suspense account and updates the appropriate A/R trade account.