Your Divisions Are Frequently Preordained
An account's division defines the jurisdiction whose rules govern the account. For example, an account's division controls how its payments are distributed, if / how late payment charges are levied, etc. Divisions have typically been designed in advance of designing your overdue rules.
In our example, we assume you have two divisions: North and South.
Account's Division | Account's Collection Class | |
---|---|---|
North | ||
South |