Introduction: Discount/Premium Code (12-24)

Overview

This selection is used to set up the Discount and Premium Codes that are used with Open A/R Cash Receipts, Adjustments and Statements.

Special Notes

The following codes must be set up:

  • SC – Service Charges
  • W3 – Write off an Account
  • W4 – Payments that have been received on accounts that have been written off.

Discount/Premium Codes will also include codes from the following applications:

  • ‘A/R – Open’
  • ‘A/R – Installment’
  • ‘A/R – Revolving’