Liquidation mode
- Keerthana
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4 years 6 months ago #22381
by Keerthana
Liquidation mode was created by Keerthana
What is meant by Liquidation mode, Semi automatic and automatic
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- VK
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- Globus:G09-G13|TAFC:R05-R23|TAFJ:R19,R23:test
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4 years 6 months ago #22384
by VK
Cheers
VK
Replied by VK on topic Liquidation mode
Hi
it's plainly stated in the help text:
it's plainly stated in the help text:
LIQUIDATION.MODE
================================================
This field identifies the manner in which overdue payments
are handled. The default for all contracts is AUTOMATIC.
There are three options available:
AUTOMATIC SEMI-AUTOMATIC MANUAL
AUTOMATIC will liquidate across the settlement accounts on
the contract.
MANUAL will create a PD contract instead.
SEMI-AUTOMATIC will only raise a PD contract if insufficient
funds exist on the settlement account. For further details
see the helptext in PD.PARAMETER where these settings are
controlled from.
If the PD product is not defined for the current company then
the only allowed setting is AUTOMATIC.
Cheers
VK
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