Bank credit types are classified under the following groups:
- Credit Against Check
- Credit Against P. Note
- Unsecured Credit
The bank credit type selection is done by Record Type field located in Bank Credits list.
Credit Against Check: Checks are given to bank as collateral for the received credit.
Credit Against P. Note: P. notes are given to bank as collateral for the received credit.
Unsecured Credit: Can be received without providing collateral.