There will be no impact on import bill in this case. The proceedings of the import bill will get credited to the Nostro of the export bank.

Processing at export Bill

Processing of the liquidation of the bill will happen as explained in case1 for import bank. The flag, Assignment Done by Us will be checked in this case.

It will be possible to maintain the assignment details.

On liquidation of the export bill, the liquidated amount will get allocated to the exporter, and the assignees as per the order maintained, giving more priority to the assignee. Split settlement functionality of bills And Collections contract will be used for achieving the above.

On discount or purchase of the bill, the system will throw an error if the purchase amount is given more than the (bill amount - total assigned amount).

The functional flow diagram for case 2 as shown below:

Figure 4-7 Functional flow Diagram

Description of "Figure 4-7 Functional flow Diagram"

To go back to the tabular column, entry Assignment Paid by Importer, click Assignment Paid by Importer

1. On the Bills and Collection Contract Detailed screen, click Additional.
   There are some events that triggered automatically, when the batch process is run as part of the EOD or BOD. Batch processing preferences for a product is specified in the Bills - Product Preferences screen. The preferences indicated for the product involved in the bill will be defaulted.
   Bills and Collection Contract Detailed - Additional tab details screen is displayed.

   Figure 4-8 Contract detailed - Additional tab

   
   

   
   Description of "Figure 4-8 Contract detailed - Additional tab"