MODACC - ACCOUNTING Ó UNCTAD – SITE (V1.15) 4.16 See  Section  3  of  this  Reference  Document  for  more  details  on  preparing  and processing Declarations. Paying a Credit Account The  ASYCUDA  accounting  system  offers  several  options  for  paying  the  duty  and  tax  liability  for declarations that have been assessed and cleared against a credit account. Note:   When   a   declaration   is   assessed   using   a   valid   credit   account   the declaration  is  treated   as  is  if  it  were  paid.  However,  within  the  accounting system, the declaration retains an ‘unpaid’ status. To ‘pay’ the declaration (and change  the  status  to  ‘paid’)  the  liability  against  the  declaration  in  the  credit account must be settled. Payments can be made through the options: ·     ‘Functions’, ‘Payments in’, ‘Declaration (Credit)’; ·     Functions’, ‘Payments in’, ‘Declaration Statement (Credit)’; ·     ‘Closing balance generation’. These payment options are explained in the following paragraphs. Payments in - Declaration (Credit) This is the basic credit payment option. The declarations have been assessed (and the goods most likely released) against the credit account but the duty payment liability remains. This option allows for the payment of tax and duty liability for individual credit declarations. The frequency of payments will depend on the terms of the agreement between Customs administration and the declarant when setting up the credit account. The Layout of the Receipt on the screen The screen ‘Declarations payment’, ‘Credit Entry Form’ displays only one area of the Receipt at a time. The Receipt is divided into four Quadrants). This screen is very similar to the Cash Declaration payments screen  in  The Layout of the Receipt on  the  screen.  This  screen  entry  form  however  asks  for  identification  by  the  ‘Account  Holder Code’. The other data input requirements are the same. The Local Menu The screen  ‘Declarations payment Credit Entry Form’ has a Local Menu. For a description of how to use Local Menus and an explanation of the options available from the Local Menus of payment entry form screens, see  The Local Menu. Processing the Payment of Credit Declarations To   process   payments   for   credit   declarations   select   ‘Functions’,   ‘Payment   in’,   ‘Declaration (Credit)’ . Login to the server and enter the details in the ‘Declarations payment Credit Entry Form’.