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auto cash ruleset
Posted: Sat Apr 05, 2008 11:22 am
by mahesh123
Hi everybody,
Can anybody tell me about Auto cash ruleset.
Thanks in advance
Mahesh
91 9985220397
Posted: Sun Apr 06, 2008 11:40 pm
by 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
Posted: Mon Apr 07, 2008 8:27 am
by 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
Posted: Tue Apr 08, 2008 11:05 am
by rajasekhar_mutyala
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hai mahesh
Autocash rule set is used to apply receipt amount to a transaction
during autolockbox process or manually submitting post quick cash
process.