Draft Collection with Status Update Report (R03B680)
Draft Collection with Status Update Report (R03B680)
On the Draft Remittance and Collection menu (G03B162), select Draft Collection with
Status Update.
Some companies prefer to close the draft on the draft due date, while others wait until
the payment appears on their bank statement. If you select to leave the draft records
open, you must run this program to select and update the draft records and to create
matching records in the Receipts Detail table (F03B14). After you collect the draft and
close it, you must post the draft batch to create the appropriate journal entries.
Review the Draft Collection with Status Update report (R03B680):
