"Paid to Account" and "Paid on Account", what's the difference

I have never liked the way RMS labeled these descriptors on the z tape. I always rename these to my customer's request.

one of them is the total dollar amount that was paid by using a customer's account type. basically, how much money people borrowed from your store until they pay off their balance.

the other one is how much money your customers paid to pay off their balances.(money that they actually gave to you so they dont have an outstanding balance.)

I have just ran into this problem, I don't know if the report is incorrect or is it the way rms does things. When i sell and item and pay for it with customers store account and than receive a payment on this account , the z report still shows short for this items amount.

I'm using rms 2 and the default x report

Thanks

"Andy Miller - Boise, Idaho" wrote:

The "Paid on Account" is when a customer charges to an "in store" account that you have setup. The "Paid to Account" is when you actually wind up getting the payment from the customer after you have billed him for his "in store" account.