what is the receipt class and receipt source in AR?
Answers were Sorted based on User's Feedback
Answer / rajasekhar
Receipt Class:receipt classes to specify whether receipts
are created manually or automatically. For manual receipts,
you can specify whether to automatically remit it to the
bank and/or clear your accounts. For automatic receipts,
you can specify a remittance and clearance method, and
whether receipts using this class require confirmation
|Is This Answer Correct ?||9 Yes||0 No|
Answer / ks
Receipt Class: You can assign a receipt class to a receipt
source. Receivables derives the default receipt class from
the Receipt Source for this batch. When you define a
receipt class in the Receipt Classes window, you specify
whether to create remittances for receipts with this class
and whether you want to track when they clear after running
the Automatic Clearing program. Receivables only lets you
select receipt classes that you defined with a Creation
Method of 'Manual'.
|Is This Answer Correct ?||5 Yes||3 No|
Answer / suresh
receipt class:- it will determine receipt creation method remittance method clearance method receipt method and bank account for receipts
receipt source:-it will determine receipt class receipt method bank account for receipts and numbering for batch receipts
|Is This Answer Correct ?||0 Yes||2 No|
Answer / guest
In Receipt class we define type of Receipt, creation
method, if it require remittance, clearnce type, payment
Receipt sources we souce how the receipt number should be
generated and if receipt numbers should inherit transaction
numbers, and if Debti memos should also inherit transaction
|Is This Answer Correct ?||4 Yes||14 No|
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