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Revolving credit transactions have been in PcMars for quite awhile, however, new is the ability to have an “income” transaction. Revolving Credit transactions are usually used to enter credit transactions and can also be used for credit cards or other loan instruments. It is similar to a check except that the money is coming from a loan vendor rather than a bank. |
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REVOLVING CREDIT |
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Applies to Version 2.1 or greater |
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PcMars Farm Accounting Software |
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Credit transactions are normally expense transactions, but now you can change this default setting and choose credit “income” transactions. In that case the screen will look more like a regular income/deposit transaction and the information will be entered that way. There will be no "Pay to the Order of" or Address. Vendors (one or multiple) are entered in the bottom part of the transaction as detailed entry information. |
