"Liquidated in the Portfolio" status is selected for the group processing slip when a collateral will be liquidated.
In "Collaterals Liquidated in the Portfolio" window, the owner AR/AP of the collateral is recorded by the AR/AP code and title fields.
The collaterals that will be liquidated are recorded by Customer Collaterals option located in the F9/right mouse button menu of the slip lines.
When the Customer Collaterals are selected, the received collaterals belong to the specified AR/AP are listed, the collaterals to be liquidated are checked and transferred into the slip by clicking on "Transfer" button.
In case the liquidated collateral is in cash type, the bank slip in Money order (received) or EFT type is generated automatically.
In case the liquidated collateral is in check/p.note type, Checks Issued (to AR/AP) or P.Note Issued (to AR/AP) type Check / P.Note slips are generated automatically. The transactions for the other collateral types can be done by the user.
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