AR Transaction Type

Contents

- AR Transaction Type
- AR Transaction Details
- AR Transaction Ledger Account (EU)
- Related Programs

AR Transaction Type

Purpose

AR Transactions are financial transactions related to invoices and payments.
AR Transaction types are to categorize AR Transactions.
Besides factory predefined transaction types like invoices, discounts, open differences and payments it is possible to add user-defined (miscellaneous) types. Those user defined types could be needed for different reasons for write offs or credits.
AR Transaction types also play a role in the interface to GL (General Ledger).

Important Fields

Debit Charge

Debit Charge

Credit

Credit

Description

Description

Short Description

Short Description

Legacy code

Legacy code

Number

Number

Is Fee for not sufficient funds (NSF)

In reversing payments it is possible to indicate by means of a checkbox that an NSF fee should be charged.
A debit transaction is created with the transaction type that has the "Is Fee for NSF" checkbox ticked.
The NSF fee amount is defined by the system setting NSFFEE.
Only one debit transaction type can be marked as NSF Fee.

Allow to be selected in Reverse Payment Dialog

Defines that this transaction type can be selected to reverse a payment.
A counter transaction will be created to zero-out the payment that was reversed.
Field is only active for debit transaction types.

Factory Description

Factory Description

AR Transaction Details

Purpose

In the AR Transaction there can be a Remittance (batch) registered.
This batch can contain multiple customer's payments.
The individual customer payments are recorded in the AR Transaction Detail dialog.
This dialog is opened from the AR Transaction Screen.

Important Fields

Amount

Amount

Turnover Group

Turnover Group

Invoice#

Invoice#

Business Unit

Business Unit

AR Transaction Ledger Account (EU)

Purpose

When the final invoices are made, the invoices can be processed to
Turn Over Groups first.
This is the step prior to exporting to the Sales Ledger in the financial application.

Important Fields

Invoice Amount

Invoice Amount

Currency

Currency

Bill To Customer

Bill To Customer

Invoice#

Invoice#

Deliver To Customer

Deliver To Customer

Related Programs

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