Setup Requirements for Anticipation Credit

Following are the control maintenance records and authorization keys for Anticipation Credit, along with additional setup requirements.

Control Maintenance Records

Set the following control maintenance records:

• Apply Batch Cash Exceeded Amount Against Invoice

• C/R Anticipation Credit Invoice Product

• Create Anticipation Credit Invoice From C/R

• Terms Code To Exclude From Anticipation Credit Eligibility

Authorization Keys

Assign the following authorization key:

• CR.ANTICIPATION.CREDIT

Additional Setup

Before you can use anticipation credit, you also need to:

• Create a miscellaneous charge product. The system uses this product to determine the anticipation credit percentage. You must assign this product to the C/R Anticipation Credit Invoice Product control maintenance record.

• Define customer branch override capabilities, if needed. You might do this if the customer is assigned to a home branch, but you want to apply anticipation credit at a different branch.

• Activate anticipation credit in Customer Maintenance.

See Also:

Anticipation Credit Overview