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list-of-system-definitions

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list-of-system-definitions [2019/11/08 08:36]
list-of-system-definitions [2020/06/05 12:34] (current)
Schuzelle van Wyk created
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 +====== List of debit order system definitions ====== 
 +|< 100% 50% 50%>| 
 +^Term^Meaning^ 
 +|Account Balance|Total amount in the account.| 
 +|Available Balance|Total amount available for release based on repayment terms.| 
 +|Item Limit|Highest amount you can debit per instruction (per debit).| 
 +|Aggregate Limit|Total amount you can debit in a calendar month.| 
 +|Security Retention|Total amount held back as security for unpaid or disputed transactions.| 
 +|Cut-Off Time|Final time we will accept a debit batch for processing.| 
 +|Upload Cut-Off Times|Refers to the final action dates you can upload/create a batch file for processing.| 
 +|Contract Cut-Off Times|Refers to the final date when you can add a contract for the specific action date to the system.| 
 +|Clients Summary|Summary of all clients and client payments. Only clients that have been debited will reflect on this summary.|