Can You Set Up Different Types of Finance Lines?
There are three predefined types of finance line:
- Enrollment Charge: an amount receivable from a customer for attendance at an event
- Prepurchase Charge: an amount receivable from a customer as an advance payment for a certain amount of training, administered through a prepurchase enrollment agreement
- Supplier Payment: an amount payable to a supplier in exchange for resources
You can also define your own finance line types, as values for the QuickCode Type FINANCE_LINE_TYPE. For example, you might want to define types for accommodation charges or other resource costs you are passing on to a customer.
Note: The only type of finance line that you can associate with an enrollment is an Enrollment Charge.
See Also
Creating a Finance Header
Creating a Finance Line
Finance Headers and Currency
Transferring Headers and Lines to a Financial System
Creating a Prepurchase Payment Finance Header
