Main Page → Bank Reconciliation → Documentation → Charges → Service Charge Distribution


Contents

 
  • 1 What This Process Does
  • 2 Requirements
  • 3 Service Charge Distribution



What This Process Does


  • This process will distribute and clear (reconcile) the activity of a service charge.
  • That activity will be made available for posting in Financial Management.
  • Two dataspaces are updated:
    • In Financial Management, the service charge amount will move from the undistributed column to the distributed column in the account year masters.
    • In Bank Reconciliation, the distributed and cleared flags will be set to true in the maintain screen of the service charge.


Requirements


  • The service charge must have been verified before it can be distributed.


Service Charge Distribution


  1. Finance → Bank Reconciliation → Charges Tab → Service Charge Distribution
  2. Range accordingly, if necessary, in the Select and Range Tab.
  3. Once range fields are selected, click Run/Print Report (Process wheel).
  4. The Service Charges Distribution Activity and Clearing Report generates. Review the report for accuracy.
  5. If correct, click Cancel and click Set Flags/Update (Process wheel).


FIELDSOpt.Rec.Req.Description
Range Criteria♦——Range accordingly if necessary