Apply entries from customer or vendor associations
- 3 min.
The Associations module is designed to cut down on the time and complexity of applying entries to groups of accounts that centralize their financial operations. Once you have an association set up, you can:
- Apply entries to any open invoices for the customers or vendors grouped in an association
- Process payments to customer or vendor associations, if you also use Continia Banking
Note
Continia Finance’s Essentials module includes features that improve the user experience when applying entries. We recommend enabling the Extended Application features from the Continia Finance Setup page, which is available for no additional cost. The images on this page show an environment in which the Extended Application feature has been enabled.
Apply entries across an association of customers
From a journal page, such as the General Journal, use the Apply Entries action.
When you apply payments for a customer in an association, the Association action allows you to apply across the customers in the group.
Apply entries across an association of vendors
From a journal page, such as the Payment Journal, use the Apply Entries action.
When you apply entries for a vendor in an association, the Association action allows you to apply across the vendors in the group.
Note
If you are also using Continia Banking to process payment files or direct debit files for customer or vendor associations, then the Payment Suggestion page includes an additional Association Payment option. This allows you to use the associations set up in Continia Finance when processing payments.
Scenario
Ester at Cronus is applying a payment to invoices for a group of customers that share their financial operations. She uses the Associations feature to help her smoothly apply the payments.
Ester needs to:
- Create an association for a group of customer accounts
- Apply a payment entry across the customer association
More resources
Applying Customer or Vendor Association Entries (Continia Docs article)