Advance Transaction Overview

An Advance transaction enables a smallholder farmer to receive money for a future delivery of agricultural produce.

Advance transactions allow the Buying Station Manager to track all advance payments that have been made. The Advance transaction also allows the Buying Station Manager to separate and overview different kinds of cash flows. For instance, he or she can look at payments that do not initially refer to a specific counter value but that will be linked to a counter value at a later date.

The Rural Sourcing Management application can record information about the Advance transaction, such as the date, the name of the smallholder farmer, amount, payment type, and comments. If SMS receipts are enabled, as described in Mobile Settings and Preferences, the smallholder farmer can receive an SMS text message with a receipt of a payment.

Configuration is set up by the system administrator through the Web interface in conjunction with SAP personnel, as described in the Administration Guide.