What does this section cover? AVAILABLE FROM CRM.COM R4.0.0
What is Wallet Transaction Allotment?
Transaction Allotment refers to the fund allocation from a wallet transaction to specific products. When defined on a Credit wallet transaction then it denotes the product which the money from the credit transaction should be allocated for. When defined on a Debit wallet transaction, it denotes the product which the money from the debit transaction was allocated to.
Transaction allotment can either be done manually or automatically by the system. Read on to find out in which instances allotment will be executed automatically.
How does Automatic Wallet Transaction Allotment work?
The system will automatically set the wallet transaction allotments in the following cases:
- When a voucher which can be consumed only by specific products is used:
- If the voucher payment is created
and - the option "On Payment Posting" for Crediting, is selected in the wallet definitions
then a wallet credit transaction will be created for the amount that is specified on the voucher and a wallet transaction allotment for each product specified in the voucher's product will be added.
- If the voucher payment is created
- When prepaid billing run is performed and wallet amount is consumed by specific products:
- If the option "During Prepaid Billing Run" for Debiting is selected in wallet definitions
and - a product is consuming a specific wallet amount through the prepaid billing run,
and - wallet allotments exists for that product,
then a debit wallet transaction will be created for the amount that has been consumed and a wallet allotment for that product and the amount that the product is consuming will be added on the wallet transaction. The allotment amount that will be debited, cannot be greater than the available amount for that product.
- If the option "During Prepaid Billing Run" for Debiting is selected in wallet definitions
- When a wallet transaction that already includes allotments is voided:
- If a wallet transaction that already includes allotment is voided,
then the void wallet transaction will also include the same allotments
- If a wallet transaction that already includes allotment is voided,
- When the whole wallet balance (greater than zero) is reimbursed automatically:
- If the whole wallet balance is reimbursed automatically,
then the reimburse wallet transaction will also include allotments for each product having an available consumption amount.
- If the whole wallet balance is reimbursed automatically,
Provide a short title using Company ZX as the business client
Related Areas
-
Creating Wallets - R5&R6 — Learn how to manually or automatically create a Wallet used in Prepaid Subscriptions
-
Modifying Wallets - R5&R6 — Navigate to Wallet and learn how to update and cancel an existing Wallet.
-
Creating Wallet Transactions - R5&R6 — Learn how Wallet Transactions can be created
-
Creating Automatic Wallet Transactions - R5&R6 — Learn how to Automatic (created by the system with no user intervention) Wallet Transactions are created
-
Creating Manual Wallet Transactions - R5&R6 — Learn how to create Wallet Transactions manually
-
Configuring Wallet Definitions - R5&R6 — Learn how you can configure Wallet Definitions.
-
Configuring Wallet Transaction Types - R5&R6 — Learn how you can configure Wallet Transaction Types.
-
Viewing Wallets - R5&R6 — Navigate to Wallets and view existing Wallets.
-
Modifying Wallet Transactions - R5&R6 — Navigate to Wallet Transaction and learn how to Void a Wallet Transaction
-
Viewing Wallet Transactions - R5&R6 — Navigate to Wallet Transactions and view existing Wallet Transactions
-
Working with Wallet Transaction Allotments - R5&R6 — Find out what are Wallet Transaction Allotments and how they work in CRM.COM.
-
Calculating Wallet Estimated Consumption - R5&R6 — Find out how consumption related values are being calculated.
-
Calculating Wallet Balance - R5&R6 — Find out how wallet balance and wallet allotment balance is calculated.
Popular Labels
- accounts-receivable
- accounts-receivable-admin
- accounts-receivable-advanced
- accounts-receivable-advanced-r7
- accounts-receivable-basics
- activities
- activities-admin
- activities-admin-r7
- activities-basics
- activities-basics-r7
- additive-discounts-admin
- additive-discounts-advanced
- additive-discounts-basics
- billing-application
- billing-engine
- communication-centre
- communications-admin-r7
- communications-advanced-r7
- conax-web-services
- conax-web-services-advanced
- contact-information-admin
- contact-information-admin-r7
- crm-application
- crm-application-r7
- customer-events-basics-r7
- dashboards
- dashboards-advanced
- finance-application
- financial-transactions-admin
- financial-transactions-admin-r7
- financial-transactions-advanced
- financial-transactions-advanced-r7
- foundation-application
- foundation-application-r7
- global
- inventory-management-advanced
- inventory-management-basics
- inventory-management-basics-r7
- jobs
- jobs-admin
- jobs-admin-r7
- jobs-advanced
- jobs-basics
- jobs-basics-r7
- leads
- leads-admin
- leads-admin-r7
- leads-advanced
- network-management-basics
- network-management-basics-r7
- normal-billing-admin-r7
- normal-billing-r7
- normal-billing-run-admin
- normal-billing-run-basics
- notifications
- notifications-basics
- panaccess_advanced
- platform-basics
- prepaid-billing-basics
- prepaid-billing-r7
- products-admin-r7
- rated-billing-items-advanced
- rated-billing-items-basics
- reports-basics
- resource-scheduling
- resource-scheduling-advanced
- rewards-admin
- rewards-admin-r7
- rewards-advanced
- rewards-advanced-r7
- rewards-basics
- rewards-basics-r7
- security-management-advanced
- segmentation-basics
- service-requests
- service-requests-admin
- service-requests-admin-r7
- service-requests-advanced
- service-requests-advanced-r7
- stripe
- subscription-actions-r7
- subscriptions
- subscriptions-advanced
- subscriptions-advanced-r7
- subscriptions-basics
- subscriptions-basics-r7
- udrs-admin-r7
- usage-service-r7
- user-management
- user-management-basics
- vouchers-advanced
- vouchers-basics
- wallets
- wallets-advanced
- wallets-basics
- warranty-policies-advanced-r7
- workflows-admin-r7
- workflows-advanced-r7
- workflows-r7
- zapier-basics-r7
Check our Getting Started Guides!
New to CRM.COM? Read our Getting Started Manuals to quickly set up your application