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FPR (Following Past Receivables)​

As a means of payment and collection, checks and bills are dishonored when they are due. Bills can be protests. Mostly, the collection of checks and bills is made from the receiving company. However, sometimes, in cases where collection is impossible, legal follow-up of checks and bills is required.

All transactions in the process of giving a check or bill to a lawyer, initiating enforcement proceedings, entering collection costs, calculating interest payments, or becoming doubtful debts are organized by the GAT module.

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RECEIVABLES

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