Upon saving, the system will auto generate the Collection Type based on the selected voucher;

 

There are three types of Collection:

 

§  Receipt: when the Debit in the Local Currency Exceeds the Credit in the Local Currency;

§  Netting:  when the Debit in the Local Currency equals the Credit in the Local Currency;

§  Payment: when the Debit in the Local Currency is less than the Credit in the Local Currency;


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Related Topics

Collection Management
Receipt
Payment
Netting

Relate Topics:
  Receipt
  Payment
  Netting