The settings for the arrears module consists of two parts, the arrangement transaction setup and the general arrears setup.

Arrangement transaction setup

In this section the transaction codes and descriptions can be set for all different types of transactions. There are 4 transaction types in the arrears module:

• Release arrangement
  Is used when a arrangement is released.
• Write-off arrangement
  Is used when an arrangement is written of
• New arrangements
  Is used when a new arrangement is created.
• Release installment
  Is used when a single installment is released.