The Proceeds sub tab helps the financial institutions to know the Net amount that remains in the account post the re-sale of all assets in the auction. The Proceed Details sub tab displays the following information:

• Work Order #
• Status
• Gross Amt
• Net Amt
• Fee Amt
• Authorized By
• Authorized Dt

The Net amount is the total amount paid by the third party auctioning system with the close of auction.

The following tabs are available under Proceed Details sub tab:

• Related Invoice/Work Orders
• Txn Results

The Transaction Results tab records all the errors (if any) for the posted transaction.