Collection Status automatically set when all due date payments are settled
The ‘Collection Status automatically set when all due date payments are settled’ setting (Setting ID: Set_Collection_Status_On_Due_Payments) is located in in the Arrangement Collectors sub-group.
What this article covers
- What This Setting Does
- Where It Is Used
- Business Logic / Behavior
- Example(s)
- When to Use
- Notes
The full article is available to signed-in Classter users.
Sign in with your Classter account — if you are already signed in to your Classter Portal you will not be asked for credentials.
Sign in with Classter
Sign in with ClassterMore in Financial Settings
- 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