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  • crucial that all Credits and Receipts are allocated in the system to avoid a build up of unallocated finance - this can impact on reporting and further changes made to the related Enrolments/Accounts.

  • There may be cases where there is a Invoice and a Credit on an Account that equal each other (so the Account Balance may be £0), but they are not allocated to one another for various reasons.

  • An example of a credit might be an enrolment change; or it could be a ‘manual’ credit as a refund for good will or an issue at the school.

  • A clear sign there are unallocated credits is if there are values in the Total Balance column against a transaction, which are not balances owed. Consider the following example:

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Steps

  • It is possible to ‘cross allocate’ Invoices and Credits together using a £0 value Receipt.

  • Open the Receipt screen in the relevant Account.

  • To allocate a Credit, you need to click the ‘Show CRE’ tickbox on the receipt screen:

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It is important to ensure the Receipt value is correct and the account balance is as expected