Notes Receivable - Accounting

Hi All,

I need some pointers for NOtes Receivable Accounting.

We had created the setups for Notes Receivable. The AR UG states that the notes receivable account should be mentioned in the fields of Confirmation and Remittance when the Receipt Class is created.

Is it the correct way?

Also when the accounting takes still the accounting class is confirmed cash/remitted cash. Will it appear the same way? Is there any accounting class for Notes Receivable.

The UG is not clear on this.

Thanks,

Murali