What is the purpose of collections cases?

The correct answer is C. To group collection activities and transactions. You can create collections cases to track collections information for one or more transactions and Note: Managing and collecting for overdue transactions is a necessary function in many organizations. Most collections functionality is centralized in the Collections form and on…

Set up and Configure Accounts Receivable

Question

Options

ATo record nonsufficient funds (NSF) payments
BTo calculate interest on overdue transactions
CTo group collection activities and transactions
DTo write off transactions that have been deemed uncollectable

How the community answered

(22 responses)

A
5% (1)
B
5% (1)
C
77% (17)
D
14% (3)

Explanation

You can create collections cases to track collections information for one or more transactions and Note: Managing and collecting for overdue transactions is a necessary function in many organizations. Most collections functionality is centralized in the Collections form and on the following related list pages: Collections, Collections activities, and Collections cases.

Topics

#collections cases#collection activities#customer collections#AR management

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