Account type – Select "Bank".
Payment account – Select the bank account to deposit the money into.
Bank transaction type – Select the bank transaction type which is of name deposit to identify the deposit.
Go to 'File formats' tab.
Create and post draw journal automatically when posting invoices [Mark the Automatic posting] – Set to Yes.
Name – Select a customer payment journal.
The use of such a method of payment ignores the due date calculated through the terms of payment and posts the payment journal immediately after posting the invoice.
For cash payment processing, a Free text invoice or a sales invoice may be used.
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