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This is from my experience in Remittance processing or Payment processing -
A company sends a statement for payment to a customer, the customer in turn sends back statement with payment for credit to their account. The statement has scan line that has OCR characters with the customers account number and amount of payment due that is readable by a data entry machine. When the customer sends payment that matches the amount due exactly, those payments can be processed by machine as an automatic entry reading from the scan line and without having to be keyed manually key entered on a ten key pad by an operator. These payments are processed in batches.
Manual entry is when a customer sends a payment that is different from the amount due on the statement, an operator has to manually enter that payment into the data entry machine using a ten key pad. These payments are also processes in batches.
What else can I help you with?
Is there a difference between auto and manual alternators?
No, there is not.
What is the difference between manual and automatic transmission fluid?
manual fluid is thicker auto trans is like power steering fluid..watery
Is there any difference between auto and manual cavalier radiator's?
Yes, i believe the auto model has the transmission fluid running thru the rad to cool it
What is the difference between auto and manual GEARBOXES?
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What is the difference between an auto injector and a prefilled syringe?
What is the difference between an auto injector and a pre filled syringe?
What is the difference between manual and automatic auto transmissions?
A manual transmission on a car is one that you control yourself via a stick shift. An automatic transmission is one that the car controls, based on your speed and incline.
What is the difference between an auto and regular locksmith?
My 16 year old daughter keeps losing her keys? Is there a difference between a regular and auto locksmith?
What is the difference in radiators used in auto trans and manual trans?
Auto transmission radiator has a cooling chamber for transmission fluid to circulate
What is the difference between a semi auto and a revolver?
Method of operation.
What is the difference between 32 ACP and 32 auto?
Nothing.
What is difference between auto and local variables in c?
Nothing.
Why does auto transmission waste more gas?
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