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What is Auto cash Rule Set in receivables ?

Answers were Sorted based on User's Feedback



What is Auto cash Rule Set in receivables ?..

Answer / mirza khan

Receivables provides five AutoCash rules that we can use to
create our own AutoCash rule sets. When we run Post
QuickCash to apply customer's receipts, Receivables tries
to use each AutoCash rule within an AutoCash rule set. If
the first rule in the set does not find a match,
Receivables uses the next rule in the sequence, and so on
until it can apply the receipt.
Following are the AutoCash rules we can use:
o Match Payment with Invoice
o Clear the Account
o Clear Past Due Invoices
o Clear Past Due Invoices Grouped by Payment Term
o Apply to the Oldest Invoice First

Is This Answer Correct ?    29 Yes 0 No

What is Auto cash Rule Set in receivables ?..

Answer / mahesh .gudeti

Auto Cash rule set is used to,

How to apply the receipt amount various transactions is called as a Auto cash rule set.

Is This Answer Correct ?    4 Yes 0 No

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