Summary
This module explained how you can manually process payments by using the cash receipt journal and payment journal. When processing payments, you must apply payments with open customer and vendor entries.
You can also unapply customer and vendor ledger entries that were previously applied. With payment tolerances, you can have Business Central automatically process and post small payment differences to a tolerance account.
Before using the more advanced cash management features that are available in Business Central, you need to understand how to manually process payments with the cash receipt journal and payment journal.