Receivable cycle codes
Receivable cycle codes are used to control the selection and processing of statements, finance charges, and dunning letters.
This table shows the cycle code types:
| Code | Description |
|---|---|
| Balance Forward Statement | Define a range of customers that are
assigned to the cycle code. If you select this type, then complete the statement assignment fields. Specify the beginning and ending character that represents the first character of the customer name. |
| Open Item Statement | Control the frequency and customer selection when you print statements. |
| Finance Charges | Control the frequency and customer selection when you assess finance charges. |
| Dunning Letter | Control the frequency and customer selection when you print dunning notices. Assign this cycle code to directly flag a customer for dunning notice selection. |