Collateral Services Inc.
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Ineligibles

CSI can make calculations based on invoice level or customer level. Any calculation that can logically be explained with the proper identification method can be calculated at CSI. The list provided here is a short list of the most standard calculations.

Prior
Past due accounts that can be determined by invoice dates, due dates, or a combination of both. We can also apply exceptions for individual customers or a group of customers.

Credits in Prior
We have several methods available to calculate Credits in Prior, based on the lenders needs.

Ineligible Groups
Such as Affiliates, Government, Foreign or Ineligible Customer(s) and Misc/Samples. We can apply any ineligible group as long as there is a method of identification, such as a list, an indicator on the aging or a separate file with customer numbers.

Cash/COD
Our Cash/COD accounts can be determined by several methods to include customer name, customer terms or invoice type. As long as there is a method of identification it can be calculated.

Contra
Our Standard calculation is to compare the customer names on the AR to the customer names on the AP. We can also set up special search options if necessary based on your needs.

Cross Age
Our Cross Age calculation can be determined by a straight percentage or by applying different percentages based on individual customers or a group of customers. We can also calculate using a combination of separate agings within a group. Mixed currencies are not a problem at CSI, we can use exchange rates provided to convert to a common currency.

Concentration
Our Concentration calculation can be determined by a straight percentage or by applying different percentages based on individual customers or a group of customers. We can also calculate using a combination of separate agings within a group. Mixed currencies are not a problem at CSI, we can use exchange rates provided to convert to a common currency.

Special Ineligible Calculations

Datings
Our datings calculation is beneficial to a client that sells seasonal items such as outdoor furniture or Christmas decor for example. We can apply by customer name, a group of customers, individual invoices or a combination of those listed.

Customer(s) with Limits
Our Customer(s) w/ Limits calculation can be determined at the individual customer level, or a collective group of customers.

Other ineligible calculations could include bill and hold, debit memos, dilution reserve, finance charges, short payments and tooling to name a few.


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