auto cash ruleset

[mahesh123]

Hi everybody,
Can anybody tell me about Auto cash ruleset.
Thanks in advance
Mahesh
91 9985220397

[Velumuthu]

Hi,

You use AutoCash Rule Set for Automatic Receipt Application against Customer Transactions. This Functionality is mailnly used for Lockbox Receipts.

Regards,
Velumuthu.S

[pinnaka.financial]

hi
Mahesh

By using that it updates the customer balancess and it says how to apply

Ex: You have 20(Rs10000)transactions with different amounts againest a customer. from him u received a receipt(Rs8000)in this situation you can't receive total amount from the customer.the to which transaction you are givig the first preferance.

1)OLDEST INVOICE FIRST
2)UPDATES THE CUSTOMER BALANCESS.like

i.e Generally you are giving the first preferance to oldest invoice.Because of it should not goes to the aging buckets.

Thanks
Satyanarayana.P

[rajasekhar_mutyala]

[:p][:D][^]

hai mahesh

Autocash rule set is used to apply receipt amount to a transaction

during autolockbox process or manually submitting post quick cash

process.