Every time a payment transaction or smart code is applied to an account(s), the system will delete the below financial information during the nightly processing as long as all accounts in the linked group have been closed inactive or paid in full (closed active accounts are included for payment arrangements only).
This is to insure the data does not continue to be processed which could cause issues for your agency.
Accounts sent to legal - If you do not have in your "Payment arrangement" rules to include legal accounts: If all the accounts for a debtor are sent to a legal collector, that payment arrangement will be stopped in the nightly.
- Post dated check information
- Payment arrangement information
- Direct check information
- Credit card series information
The system will add a note to the account stating the information was deleted
Keywords - Kbase Payment Arrangements Kbase Payment Arrangement Kbase Nightly Article Payment Arrangements Article Payment Arrangement Article Nightly
Kailer@key2recovery.com
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