Risk limits specified on AR/AP records and closed risk amounts can be adjusted in batch. To do so, the AR/AP Risk Adjustments option located in the Operations menu of the Finance section is used.
AR/AP risk adjustments are performed by conditions specified in filter lines. Risk adjustments are performed by the selection made on the Risk Control parameter considering charge account, check/p. note, dispatch/receipt and/or orders. Risk totals to be updated are provided by the user.
Adjustments for new risk limits and closed risk limits can be performed through a fixed value, or the limit can be given as a risk factor or rate increase. The following filter options are used to specify the risk adjustment conditions:
Risk Tracking: This filter line is used to specify the currency to be used for risk tracking. The field contains the following options:
- Local Currency
- Reporting Currency
Values to be Adjusted: AR/AP risk adjustments can be performed for the Risk Limit or Closed Risk. The adjustment can be performed for either or both of these options. Both options are checked as default in the application. The option that will not be adjusted can be unchecked by clicking.
AR/AP Code / AR/AP Title: The lines used to specify the AR/AP for which the risk adjustment will be performed. The AR/AP to be processed is specified by making a group or range definition.
AR/AP Aux. Code / AR/AP Authorization Code: The AR/AP to be adjusted can be filtered by Aux. Code or by authorization code. The AR/AP to be processed is specified by making a group or range definition.
Group Company Code: The line used to specify the Group Company (so for the related accounts (R/P)) for which the risk adjustment will be performed. The Group Company is selected from the list.
Risk Control: The filter option used to specify the AR/AP transactions to be adjusted according to the risk control method. The risk control option indicates the transactions to be used for the calculation of the total risk amount of the AR/AP. The specified amount is used in risk control transactions. The risk control filter line contains the following options:
- Charge Account
- Company Check/P. Notes
- Customer Check/P. Notes
- Company Endorsement Check / P. Notes
- Dispatch/Receipt
- Dispatch/Receipt (Proposal)
- Order (Deliverable)
- Order (Proposal)
Charge Account option displays the amount of all transactions except order, dispatch/receipt, customer/company check/p. note transactions that debit or credit the AR/AP. When Charge Account is selected, the risk total includes only the transactions (except order, dispatch/receipt, customer/company check/p. note transactions) that generate balance.
When Company Check/P. Notes is selected, the risk total includes the check/p. notes belonging to the company.
When Customer Check/P. Notes is selected, the risk total includes the check/p. notes belonging to the customers.
When Company Endorsement Check/P. Notes is selected, the risk total includes the check / p. notes that customer endorsed to our company.
When Dispatch/Receipt option is selected, totals of the unbilled dispatches are processed.
When Dispatch/Receipt (Proposal) option is selected, the risk total includes quantities dispatches / receipts that are in "Proposal" status.
When Order (Deliverable) option is selected, quantities of approved, deliverable orders are processed.
When Order (Proposal) is selected, the risk total includes quantities of unapproved orders that are in "Proposal" status.
The option that will not be adjusted can be unchecked by clicking.
Company Check Risk Factor: The option used to filter accounts receivable/payable to be adjusted according to the company check risk factor specified on the AR/AP. The filtering is performed by entering the start and end dates. Risk factor can be a number between 0 and +1.
Customer Check Risk Factor: The option used to filter accounts receivable/payable to be adjusted according to the customer check risk factor specified on the AR/AP. The filtering is performed by entering the start and end dates. Risk factor can be a number between 0 and +1.
Endorsement Check Note Risk Factor: The option used to filter accounts receivable/payable to be adjusted according to the endorsement check risk factor specified on the AR/AP. The filtering is performed by entering the start and end dates. Risk factor can be a number between 0 and +1.
Company P. Note Risk Factor: The option used to filter accounts receivable/payable to be adjusted according to the company P. note risk factor specified on the AR/AP. The filtering is performed by entering the start and end dates. Risk factor can be a number between 0 and +1.
Company P. Note Risk Factor: The option used to filter accounts receivable/payable to be adjusted according to the customer P. note risk factor specified on the AR/AP. The filtering is performed by entering the start and end dates. Risk factor can be a number between 0 and +1.
Endorsement P. Note Risk Factor: The option used to filter accounts receivable/payable to be adjusted according to the endorsement p. note risk factor specified on the AR/AP. The filtering is performed by entering the start and end dates. Risk factor can be a number between 0 and +1.
Charge Account Risk Total: The filter line used to specify the charge account risk total to be processed for the adjustment. Start and end amounts are entered in order to rearrange the risk adjustments of accounts receivable/payable of which the charge account risk totals are within the given range.
Company Check/P. Note Risk Total: The filter line used to specify the company check/p.note risk total to be processed for the adjustment. Start and end amounts are entered in order to rearrange the risk adjustments of accounts receivable/payable of which the check/p.note risk totals are within the given range.
Customer Check/P. Note Risk Total: The filter line used to specify the customer check/p. note risk total to be processed for the adjustment. Start and end amounts are entered in order to rearrange the risk adjustments of accounts receivable/payable of which the check/p. note risk totals are within the given range.
Endorsement Check / P. Note Risk Total: The filter line used to specify the endorsement check / p. note risk total to be processed for the adjustment. Start and end amounts are entered in order to rearrange the risk adjustments of accounts receivable/payable of which the check / p. note risk totals are within the given range.
Dispatch/Receipt Risk Total: The filter line used to specify the dispatch/receipt risk total to be processed for the adjustment. Start and end amounts are entered in order to rearrange the risk adjustments of accounts receivable/payable of which the dispatch/receipt risk totals are within the given range.
Dispatch/Receipt Risk Total (Proposal): The filter line used to specify the dispatch / receipt risk total (proposal) to be processed for the adjustment. Start and end amounts are entered in order to rearrange the risk adjustments of accounts receivable/payable within the given range.
Order Risk Total (Deliverable): The filter line used to specify the order risk total (deliverable) to be processed for the adjustment. Start and end amounts are entered in order to rearrange the risk adjustments of accounts receivable/payable within the given range.
Order Risk Total (Proposal): The filter line used to specify the order risk total (proposal) to be processed for the adjustment. Start and end amounts are entered in order to rearrange the risk adjustments of accounts receivable/payable within the given range.
New Risk Limit: This filter line is used to specify the adjustment method. This field contains the following options:
- Fixed Value
- Factor
- Increase
When Fixed Value is selected, the new risk limit is entered as an amount. The amount to be applied is specified on the Fixed Risk Limit Value filter line.
When Factor is selected, the new risk limit is adjusted by entering a factor. The factor value to be applied for the adjustment is entered into the Risk Limit Factor filter line. The adjustment is based on the previous risk limit values of the AR/AP, and the new risk limit is calculated using the risk limit factor value.
When Increase is selected, the adjustment value is entered as an amount. The amount of increase to be applied is specified on the Increase in Risk Limit filter line. The adjustment is based on the previous risk limit values of the AR/AP, and the new risk limit is calculated using the increase in risk limit value.
Fixed Risk Limit Value: The line used to enter the fixed risk limit value.
Risk Limit Factor: The line used to enter the risk limit factor.
Increase in Risk Limit: The risk limit increase value.
New Closed Risk: The AR/AP risk adjustments transaction can be used to adjust closed risk information in batch, along with the risk limits. The adjustment method for closed limits is specified on the New Closed Risk filter. This field contains the following options:
- Fixed Value
- Factor
- Increase
When Fixed Value is selected, the new closed risk is entered as an amount. The amount to be applied is specified on the Fixed Risk Limit Value filter line.
When Factor is selected, the new closed risk is adjusted by entering a factor. The factor value to be applied for the adjustment is entered into the Closed Risk Factor filter line. The adjustment is based on the previous risk limit values of the AR/AP, and the new risk limit is calculated using the risk limit factor value.
When Increase is selected, the adjustment value is entered as an amount. The amount of increase to be applied is specified on the Increase in Risk Limit filter line. The adjustment is based on the previous risk limit values of the AR/AP, and the new risk limit is calculated using the increase in risk limit value.
Fixed Closed Risk Value: Indicates the closed risk limit value.
Closed Risk Factor: Indicates the closed risk limit factor.
Increase in Closed Risk: Indicates the increase in closed risk.
Rounding Base: The filter line used to specify the rounding base to be used if the amounts result decimal after the adjustment.
Once the adjustment conditions are set on the filter lines, the adjustment transaction is started.
New values calculated according to the selection made on the New Risk Limit and New Closed Risk filter lines are transferred into the AR/AP records.