Debt Components

These are transaction types which combine allowing a debt to be broken down into separate components rather than lumped together. For example, a Local Government Council might seek to have Land Rates and Water rates recovered and these need to be itemised in your collection demands. Debt Components will allow you to group these transaction types together and create a single debt component. This debt component gets linked to all Local Government Council clients in the setup. When creating new cases under these clients, operators can specify the value of the debt for each component.

Enter the code of an existing debt component, or click the search button on the toolbar to do a lookup.

Or, create a new debt component by carbon-copying an existing one, then altering it accordingly

Or, create a new debt component by entering a unique code, describing it then including all its transaction types in the table.