MODACC - ACCOUNTING Ó UNCTAD – SITE (V1.15) 4.17 The   procedure   is   the   same   as   previously   described   for   Paying   a   cash Declaration except that the   ‘Account  Holder  Code’  identifies  the  declarant. (Entering the code displays the account holder name and address on screen.) Validating the payment After entering the details of the payment, select ‘Local Menu’, ‘Action’ for a system check of the payment detail. You must  ‘Validate’,  to  record  the  payment  transaction  within  the  system.  See ‘Local Menu’, ‘Action’. Payments in - Declaration Statement (Credit) This  option  provides  a  simpler  means  of  payment  than  the  method  described  in  the  previous section.  The  declarant  makes  the  payment  against  an  account  statement  that  is  generated  by Customs. This account statement provides a total of the duty and tax liabilities accrued against that account over the period agreed for settlement. The declarant pays on the statement total, without the cashier having to enter details of individual declarations and amounts that make up that statement total. All declarations on that statement are paid and a single receipt number is assigned to all. Generating a Credit Account Statement This  menu  option  is  under:  ‘Functions’,  ‘Payments  in’,  ‘Decl.  Statement  [Credit]’  ‘Generate statement’. You will be prompted to enter the following information: · Credit account reference · End date. Although  an  office  code  is  displayed  in  the  box,  the  system  does  not  use  this office code as criteria for selecting declarations for the statement. The account reference is checked to verify that it is a valid one. The end date to be captured is the date ending the statement and can be any date prior to the current date, after the end date for any previous statement. The very first time you generate a credit statement the system will generate the statement for all credit declarations from the first day of validity of the account until the end date you have specified. Subsequently, the system will generate the statement from the day after the last end date specified on the previous statement until the end date specified for this statement. The end date for a credit statement cannot be later than the day before the current date. The declarations that are selected and assigned to a statement have to match the following criteria: · Declaration assessed within the time period mentioned; · Declaration assessed under the credit account reference given; · The assessed amount to be paid for each declaration is greater than 0; · Declarations that were post-entry modified during the time period that was: For example, if the last statement was from 01/12/1999 to 31/12/1999, and you enter the current statement end date 31/01/2000, then the statement will cover the  period  01/01/2000  to  31/01/2000  assuming  that  today’s  date  is  at  least 01/02/2000.