The first time after sending out JIB, we received JIB payments and I entered them in QuickBooks at Customers Receive Payments. The second time I received JIB payments I entered them in SherWare, Tasks> Receive Owner Net Payments. Does this give JIB owner credit for payment on next JIB? Confirm that first way is correct by entering payments in QuickBooks. How do I fix past mistake so JIB owners get credit? (DMIE)

Payments from JIB owners for JIB invoices should be entered directly in QuickBooks using the Receive Payments screen under the Customer menu. Any payments that you entered for them in the Disbursement Manager using the Receive Owner Net Payments screen should be deleted, and then re-entered correctly in QuickBooks using the Receive Payments screen as mentioned above. If there's no outstanding invoice for the payment to be applied to, it will create a credit for the owner. This credit will appear on the Owner Joint Interest Billing Statement as a negative Previous Balance.

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