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Former Member
Jan 18, 2012 at 06:02 PM

Clearing requirement

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Hello Experts,

We have currently configured the clearing rules for payments with sorting character as

1. 019 Statistical indicator with sort checked and

2. 010 Due date

This enables payment to clear based on due date (older debt first).

Now we have 2 requirements:

1. If a customer has dunning lock reason 2 for example at Contract account level, with an indefinite lock (lock until 31.12.9999), then if a payment is posted to this customer then it should clear the current Invoice (2011-2012) instead of the old debt first. For other customers, payment should clear the oldest debt first as it currently does.

2. If a customer has a dunning lock reason 4 for example at Contract account level, with an indefinite lock (lock until 31.12.999), then if a payment is posted to this customer then it should clear as below:

£13.60 (Fixed) to clear oldest debt

Balance to clear against the current Invoice (2011-2012)

Example: If a payment is received for £25, it should clear £11.40 against the current charge and £13.60 should clear against the oldest debt (debt other than 2011-2012 Invoice)

Is this possible through clearing control configuration?

Your expert opinion is appreciated.

Regards

Jude