Which term refers to how a payment is distributed to multiple HARs?

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Multiple Choice

Which term refers to how a payment is distributed to multiple HARs?

Remittance Allocation describes how a single payment from a payer is divided among several HARs. When a payment covers multiple accounts, the remittance advice specifies the exact amount to apply to each HAR, and the system uses remittance allocation rules to post those funds correctly. This specific process is what handles distributing the payment across multiple HARs, making it the correct term. Post Type relates to the kind of posting entry created, not the split of funds across accounts, and Distribution Method is a broader notion of how payments are handled rather than the per-account allocation.

Remittance Allocation describes how a single payment from a payer is divided among several HARs. When a payment covers multiple accounts, the remittance advice specifies the exact amount to apply to each HAR, and the system uses remittance allocation rules to post those funds correctly. This specific process is what handles distributing the payment across multiple HARs, making it the correct term.

Post Type relates to the kind of posting entry created, not the split of funds across accounts, and Distribution Method is a broader notion of how payments are handled rather than the per-account allocation.

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