Rice Lake TransAct 3.5 - Manual (Page 153)

Statements/Posting (TransAct Plus) Accounting
154 Version 3.5
NOTE: Version 3.5 does not track Invoice and Statement processing separately. The original
ticket transaction is still considered the invoice. If TransAct is being used to generate
Invoices and Statements it is important to
NOT mark the transactions when running
Invoices. Transactions should be marked at the completion of Statement processing. It is
also recommended to not use the payment
Grace Period . If a grace period is used, and
transactions are not marked, a payment may appear on more than one invoice.
Do Not select to update accounts and mark transactions unless invoices have been printed, reviewed,
corrected, and are ready to close (they are not ready to close if a Statement will be printed at a later
time). When billing is complete, transactions, payments and credits are marked as having been billed.
Once these items have been marked, they cannot be unmarked unless a backup, prior to marking, is
restored.
The No button is available to cancel the update process. No changes will be made to customer accounts.
Until invoices have been reviewed and are ready to be closed, click the No button.
When it is time to close invoice activities and update account balances, repeat the invoice process. View
or reprint the invoices. Select a TransAct Plus function (i.e. the
Weigh form) to continue. Select the
Yes button to update transactions.
NOTE: If invoices were already printed, but not marked, and do not need to be reprinted, select to
View the invoices. Select a TransAct Plus function (i.e. the Weigh form) to continue and
click Yes , when prompted to update transactions.