Credit Reporting Overview

Use the Credit Reporting feature to report customer credit information to your credit bureau. STORIS' Credit Reporting feature adheres to the Metro 2 Credit Reporting Format.  

STORIS uses Metro 2 reporting for installment and revolving plans only.

Set Up

The following file maintenance routines come delivered with the codes used by Metro 2.

• Account Status Settings

• Compliance Condition Settings

• Special Comment Settings

To associate a customer with codes from one or more of the above routines, use the Metro 2 Code Settings available via the Action button on the Receivables page of Advanced Customer Settings.

Credit Reporting

Use the following routines to generate and maintain credit reporting data:

• Report Metro 2 Customer Credit History - generate credit reporting data.

• Download Metro 2 Customer Credit History - export a customer credit history file.

• Repair Metro 2 Customer Credit History - edit the credit reporting data fields for which errors are most commonly reported.

• Customer Legal Settings - options set here may impact Metro 2 reporting.

Closed Dates

You can apply a closed date to customers via either of the following routines:

• Account Status Settings

• Special Comment Settings

For customers with no inactive date, if you close the customer's account, the customer's inactive date updates with the closed date.

You can view the customer's closed date (if any) via the Metro 2 Code Settings.