Trans
When you enter a new registration, a multiple-line/record transaction entry is generated for each of the following:
- Payment in Full - Generates a debit to cash for the amount of the payment and a credit to income/deferred for total amount of fees
- No Payment - Generates a debit to the default AR account and a credit to income/deferred in the amount of the total fees
- Under Payment - Generates a debit to cash for the amount of the payment, a credit to income/deferred for the total amount of fees, and an additional debit to the default AR account for the remaining amount owed
- Over Payment - Generates a debit to cash for the payment amount, a credit to income/deferred for the total amount of fees, and an additional credit to the default AR account for the amount overpaid.