Clear Receipts Automatically Execution Report

Use the Clear Receipts Automatically Execution Report to review a run of the Clear Receipts Automatically process.

The Clear Receipts Automatically process clears remitted receipts and either clears or eliminates risk on factored receipts. Receipts eligible for clearance by this program must have a receipt class with a clearance method of Automatic Clearing.

Review this report each time you clear receipts using the Clear Receipts Automatically process.

Report Parameters

Clear Remitted Receipts

Indicate whether to clear remitted receipts.

Clear Discounted Receipts

Indicate whether to clear factored receipts.

Eliminate Bank Risk:

Indicate whether to eliminate risk on cleared and factored receipts.

Clear Date

Specify the date to use as the clearance date for remitted receipts. This is also the date used to make conversion rate adjustments. The default is the system date.

Accounting Date

Enter the accounting date to use for the clearance record for each receipt.

Conversion Rate Type

Enter the conversion rate type to use to determine the conversion rate. Conversion rate adjustments are made for receipts that are in a currency different from the bank account currency.

Report Output

The report sorts results by status and receipt number, and provides subtotals by status and bank name and a grand total in the ledger currency.

This table describes important column headings in the Clear Receipts Automatically Execution Report.

Column Heading	Description
Status	The status of the receipt.
Receipt Number	The number of the receipt.
Maturity Date	The maturity date of the receipt.
Payment Method	The receipt method for the receipt.
Currency	The currency of the receipt.
Amount	The amount of the receipt in the entered currency.
Ledger Amount	The amount of the receipt in the ledger currency.

This table describes important rows in the Clear Receipts Automatically Execution Report.

Row Heading	Description
Total for Status	The amount of all receipts cleared for the given bank and status in the ledger currency.
Number of Records Processed for Status	The number of receipts processed for the given bank and status.
Total for Bank	The amount of all receipts cleared for the given bank in the ledger currency.
Number of Records Processed for Bank	The number of receipts processed for the given bank.
Grand Total for Status	The total amount of all receipts cleared for all banks in the given status in the ledger currency.
Number of Records Processed for Status	The total number of receipts processed for all banks in the given status.