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Collection
Collection
Acceptance
Acceptance
Purchase
Transfer
‘Transfer’ (TRF) operation indicates transfer of bills to third party. If you check the ‘Collection
to Transfer’ option, then this operation will be listed in the operation option list. You can select
this operation during Amendment, where the current operation is ‘Collection’ and the bill is in
Initial Stage.
This operation will be listed even if the ‘Collection to Transfer’ flag at the product level is not
checked. A validation will be made during save if this operation is selected when the product
level flag is unchecked.
On save of the contract, TRFB event will be fired.
The accounting entries posted as part of book event gets reversed. Additionally, the following
entries are passed as part of TRFB event for charges:
Accounting Role
Amount Tag
Dr/Cr
Receivable A/c
<Comp>_LIQD
Dr
Income
<Comp>_LIQD
Cr
The Bills Contract Details screen contains a header and a footer that has containing fields
specific to the contract you are entering. Besides these, there are six tabs and a vertical array
of five icons through which, you can enter details of the bill. Contract details are grouped into
the various screens according to the similarities they share.
The Bills Contract Screen is designed to contain seven tabs along the lines of which, you can
enter details of the contract. The seven tabs are:
Tabs
Description
Main
Click on this tab to enter the essential details of the bill you are processing.
Details
In this screen you can enter the fields that provide detailed information about the contract.
Additional
Click this tab capture the processing details
Parties
In the screen that corresponds to this tab, you can enter details of all
the parties involved in the bill. This screen along with its fields have
been detailed under the head Entering Party Details
Document/ Shipments
In the screen corresponding to this tab you can enter details of the
documents required under a bill and the clauses that should accompany the documents.
You can also specify details, of the merchandise that was traded and
the shipping instructions based on which, the goods were transported.
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