A.2.42 Skip Credit Bureau Reporting Maintenance
The Skip Credit Bureau Reporting Maintenance allows you to selectively exclude or include a particular account from being reported to credit bureau. This is required in Timeshare Business where there is no need to report the due/Maintenance accounts to credit Bureau.
As per the Product setup, if an account is funded with option Yes / No to Skip Credit Bureaureporting in Metro-II batch job process, the same can be changed during servicing stage by posting SKIP CREDIT BUREAU REPORTING MAINTENANCE non-monetary transaction in Customer Service > Maintenance > Transaction Batch Information section.
However, Skip Credit Bureau Reporting also depends on Stop Bureau condition posted on the account.
Table A-132 To update skip credit bureau reporting option on an account
Transaction | Parameters |
---|---|
SKIP CREDIT BUREAU REPORTING MAINTENANCE | SKIP CREDIT BUREAU REPORTING |
Select YES or NO from the drop-down list.
On successfully posting the transaction, a confirmation message is displayed in the Results section and Skip Credit Bureau Reporting option is updated in Customer Service > Account Details > Account Information section.
Parent topic: Nonmonetary Transactions