Update Prepayment Information at Sales Update

In the Sales Update program (R42800), you must activate prepayment processing options. If the settlement transaction is valid, and no errors are found in the Sales Update program, then the system generates a draft, requesting funds from the credit card company's bank.

When you set up a version of the Sales Update program for prepayment transactions, you can set the processing options so that the system assigns an invoice number if you have not processed the orders through the Print Invoices program (R42565). However, you cannot summarize invoices.

If the processing option for prepayment processing is set appropriately and settlement of a prepayment transaction has occurred, the system writes a draft record for receivables due from the credit card company's bank. When you run the Sales Update program, call the appropriate version of A/R Batch Draft Creation program (R03B671) that generates the preauthorized draft records. After writing drafts, you can use these programs to close the drafts:

• Journal Entries (P0911).

• A/R Draft Collection (R03B680).

See also:

• Updating Customer Sales.

• Releasing Held Orders.

• Understanding Sales Order Detail Information.

• Invoicing.

• Understanding Shipment Confirmations.