This collection type will be “Payment” if the Total Credit Amount is greater than the Total Debit Amount;

 

 

To add a payment method to the collection, click on, the below popup will appear you need to perform the following steps:

 

 

-       Select the Payment Type (Cash, Cheque, EFT)

 

§  Cash: money in physical form of currency, such as bank notes and coins;

§  Cheque: is a document that orders a payment of money from a bank account.

§  EFT: Electronic Funds Transfer (EFT) provides for electronic payments and collections;

 

-       The Customer is retrieved automatically by the system;

-       Enter the Amount;

-       Select the preferred Exchange Rate;

-       The Amount in Local Currency is auto generated by the system;

-       Enter the Reference No.;

-       Click on to save your work;

-       Click on  to exit the popup and return to the previous page;

 

(Note that the company can only pay the required amount for the customer)

In order to proceed with your transactions, you need to submit the collection

 

 

 

 

 

 

 

Related Topics

Collection Types