When an account receipt is being recorded it is important to enter the reason for the receipt in the "Received For" field provided in the receipt breakdown repeating panel. Select a category from the drop-down list that best describes why the payment has been received. Enter a custom description if an appropriate description does not appear in the list. If the receipt is for multiple "Received For" reasons - provide separate breakdown line items with a reason and amount for each "Received For" category.
NOTE: Data for many Accounting Summaries, Reports, and Crosstabs is categorized by this field. It is important to select data from the drop-down list or enter custom data descriptions that are consistent. Default data will be automatically entered into the drop-down list for this field if an "Invoice No" is specified for the account record.
TIP: Enter a separate line item for "Sales Tax" collected if sales tax had been incorporated into the invoice being paid.