Use the options on this page to enter details of the payment recorded against a manual invoice. You can access it from the Paid today link on the Manual Invoice screen.
The fields on this screen are:
Paid:
Enter the amount paid against the invoice here.
Pay Method:
Select the method of payment from the drop-down list. The available options are:
Cash: This method involves immediate cash payment. It is a Cash payment type.
Check: This method involves payment via traveler's checks, etc. that can be en-cashed or deposited in the bank. This is a Check payment type.
Credit: Credit is given to clients in favor or exchange for any task or activity. If the client has a credit with you, you can apply this credit to an invoice. This payment record will reduce the outstanding balance on invoices. It is a Cash payment type. When you record and save a credit payment, Web Suite asks if you want to print a Credit Memo.
Credit Card: When a payment is made via a credit card, it can be recorded under this payment method. It is a Cash payment type.
Debit: It is charged to the client for some favor or service, thus increasing the outstanding balance. It is a Cash payment type.
EFT: When the payment is made via the Electronic Fund Transfer system, it can be recorded under this payment method. It is a Cash payment type.
Money Order: When payment is made via a money order, it can be recorded under this method. It is a Cash payment type.
Write-offs: If payment will not be made, you can write off an amount due. It reduces the outstanding balance on invoices and applies to payments as an irrecoverable amount. It is regarded as a Cash payment type.
Other: If the payment is made via any other method not listed here, record it under this. It is a Cash payment type.
Date:
Date the payment was made.
Reference:
A Reference number can be entered here to track the method of payment. For example, a routing number from a personal check might be typed here. The field size should not exceed 60 characters. This is a drop-down list and holds list of distinct Payment Reference
Memo:
A memo field is provided for additional notes related to the payment. This is a drop-down list and holds list of distinct payment memo.
You can enter notes or comments in text box below the Memo drop-down list. Click Date/Time stamp 
to enter time and date details.