RSS Feed
Knowledgebase : Financials

Typically you either set a fixed commission rate or you use a commission rate plan. I'm not aware of anyone using both simultaneously. When you use commision rate plan it disables you from editing the Rate 1 field because the rate plan uses that fiel...
INTEREST RATE CHANGES Interest bearing accounts in some situations may have interest rates change during the life of the account. To deal with this situation, one creates a transaction types that posts -100% of accrued interest, and runs that tran...
Collect! databases ship by default with reports named Statement, GStatement, Check and GCheck. These are the standard reports the system uses for printing month end data. If those reports suddenly don't work for you then someone has been modifying yo...
FINANCIAL STATISTICS REPORTING Collect! offers numerous ways of looking at your financials: 1) Forms where financial details are displayed 2) Reports that provide summary and detailed information 3) Ad Hoc browsing of transactions and client payme...
Problem: I want to post a $100 payment with 28% commission calculated for the operator and 2% that is not calcuated for the operator. The 2% is 100% for the agency. How can I split this up when I post the payment? Is there a transaction code I can use...
Q. What Is A Charge-Off A. Many people mistakenly think when a debt has been charged-off that it's been cancelled by the creditor. This is not true. You are still responsible for paying off the debt. However, you will not be able to use your credit car...