Payment Financial Transaction Considerations
A payment segment exists for each contract that receives a portion of a payment. Linked to every frozen payment segment is a financial transaction. This financial transaction affects a contract's payoff balance and/or current balance. It also contains the journal details that debt cash and credit some other account.
The topics in this section provide information about the financial impact of a payment segment.
Fastpath: Refer to The
Financial Big Picture for more information about a payment's
place in the financial big picture.
Related Topics:
Parent Topic: The Big Picture of Payments