Prepayment

These processing options define the prepayment processing that the system performs for this version of Contract Revisions. You use prepayment processing if you are billing for contracts that the customer pays before invoicing. If you activate prepayment processing, you can select whether this version performs authorizations or settlements, or both.

Prepayment takes place when a seller receives a form of payment from the customer at the time of order entry. Customers can use many types of prepayments, such as cash, check, and credit card. When you make any type of prepayment, the system records transaction information and indicates the payment on the invoice.

1. Prepayment Processing

Specify whether to activate prepayment processing. Values are:

Blank: The system does not update prepayment processing files.

1: The system performs prepayment processing and updates the prepayment processing tables.

If you leave this option blank, the system does not display a Form exit to the Prepayment window.

If you select a value of 1, the system updates the prepayment processing tables and enables you to access the Prepayment form.

2. Authorization Process

Specify the method of authorization processing. Values are:

Blank: The system does not perform authorization processing.

1: The system processes the authorization interactively.

2: The system processes the authorization in batch or subsystem mode, based on the version.

3. Settlement Process

Specify the settlement processing method. Values are:

Blank: The system does not perform settlement processing.

1: The system processes the settlement interactively.

2: The system processes settlements in batch or subsystem mode, based on the version.

4. Authorize Prepayment Transaction (R004201) version.

Specify the version of Authorize Prepayment Transactions (R004201) to use. If you leave this processing option blank, the system uses XJDE0001.

5. Settle Prepayment Transaction (R004202) version.

Specify the version of Settle Prepayment Transactions (R004202) to use. If you leave this processing option blank, the system uses XJDE0001.