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Collection balance update

Collection balance update is run as part of month end process to update the customers collection balance for the period.  

  1. In the menu, expand Publishing Modules > Rights & Permission > Period Processing and Others > Collection Contracts > Month End Processing and double-click RY Collection Contract Balance Update. RYO460 Collections Balance Update panel appears. 
  2. Enter the period to update the balance for.
  3. Click OK to update collections balance.
Note You can view the customer balance by period using option Balance in RYW010 Work with Royalty Contracts.

 

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