Enable Financial Period selection per arrangement installment
The “Enable Financial Period selection per arrangement installment” is a setting located under in the Basic Settings sub-group. This setting controls whether users can select a specific financial period for each individual installment of a financial arrangement. A financial period is a billing/accounting period that groups installments together (for example, for reporting or invoicing purposes).
What this article covers
- What This Setting Does
- Where It Is Used
- Business Logic / Behavior
- Example(s)
- When to Use
- Notes
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- Given day numbers of the month allowed only
- Days of the month to be allowed for payment agreed dates (other than prepayment) when a new installment is added
- Do not allow any installment with an agreed payment date being X months after the start month of the signed academic period
- At least one installment other than prepayment should be with an agreed payment date X days before the end of the current main period where X is
- Do not allow any installment with an agreed payment date before the prepayment/deposit agreed date
- Maximum number of allowed installments is
- Prepayment/deposit agreed payment date should be maximum X days from the arrangement creation date
- Minimum prepayment/deposit percentage