Default Hierarchy Table

The Default Hierarchy table is a list of account in the order in which each account is to be paid. This table tells the system which accounts are paid first for the Monthly Obligation Amount, then if there is any money left over the delinquency Amount and finally the Arrears Balance. In the examples below only the Monthly Obligation and Delinquency amounts are to be paid. Any remaining money is held or sent to the system’s Suspense Account. Designated users can modify the order of accounts and amounts to be paid.