Cancel

Negative Impact - If the account did not make a payment in the current month and is cancelled.

Month	ABC Amt Collected	Diff from Prev Month	Activity	Activity Date	Activity Note	Report Explanation	Report Classification
May	25.00	0.00	Pending Cnx	22-May	A Pending Cancel is entered on the account, pending June's Payment. May's payment is collected.	There is no difference from April to May in the collected amount. Although there is a Pending Cancel entered on the account because there is no change in collection the account will not reflect on the report.	None
June	25.00	0.00	Cancelled	21-Jun	June payment is collected. This satisfies the Pending Cancel  therefore the account is processed as a cancellation on 6/21.	There is no difference from May to June in the collected amount. Although the account is Cancelled since there is no difference in the collected amount the account will not reflect on this report. The Cancel will be reflected on the Cancelled Account Analysis.	None
July	25.00	-25.00			The account is inactive and therefore no money was due. There was no collection and no activity.	ABC collected $25.00 less in July than in June. This is because the account was inactivated in the month of June via cancellation. No money was due in July. Therefore the negative difference of $25.00 will be categorized as CANCEL on the Monthly Comparison Report.	CANCEL