Bailment Bulk Terminations

Bailment Bulk Terminations

Purpose

To allow the selected Bailment Accounts to be terminated at the same time.

Access

  1. Bailment Dealer Details | Accounts Tab | Account Search Tab | 
  2. View | Bailment Accounts | 

Process

Select the Account that you need to bulk terminate the press 

The following dialog will display:


Field
Explanation
Termination Date
Enter the date that the terminations will take effect on
Termination Reason
[F2] to highlight and  the Termination Reason
Direct Debit Date
Defaults to Today

This is the date that the Direct Debit entry for the asset sale invoice should be created for


If there are no errors, the 'Ready to Terminate' dialog will display.

Processing Errors

If there are any errors then these will be displayed on the next dialog. Note the account number and click  to exit the dialog. Resolve the errors and the initiate the process again.

Error Conditions

The following conditions are tested on all selected accounts when undertaking bulk terminations:        
  1. The termination date must be less than or equal to the due in full date 
  2. The termination date must be less than or equal to today’s date
  3. The termination date must be greater than or equal to the account open date
A warning will display if the termination date is earlier than the last transaction date.

Termination may fail if:
  1. There is a concurrency error on one or more of the selected accounts       
  2. Invoice numbering for Asset Sales has not been set up
  3. Bailment Account Type has been set up incorrectly



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