Overview

The Special Assessments module allows you to create and manage assessments from generation through payoff. This system is easily customizable and fully integrated with the rest of the Springbrook modules.

Assessment Maintenance

The Assessment Maintenance window is the core entity of the Special Assessments module. This is where assessments are associated with Springbrook customer and lot records, principal and interest figures are entered, billing details are specified and projected amortization schedules are generated. This window also provides detailed historical data such as payments and adjustments applied to principal and interest.

Assessment Type Maintenance

An Assessment Type is a collection of billing details, fee codes, and other miscellaneous information that are all used in conjunction with a particular type of assessment. By creating a number of assessment types, you can attach a specific assessment type to each new assessment you create rather than having to specify billing details, attach fee codes, and enter other information on the new assessment. The use of Assessment Types makes the creation of assessments more efficient. It also lends itself to various forms of assessment classification for reporting purposes.

Adjustments Process

After charges have been generated and payments processed on an assessment, the Adjustments process can be used to edit the details associated with these transactions.

Billing Process

The Billing process is used to calculate charges and generate bills on assessments. This process can be set up to generate standard billing statements that are then distributed to the customers attached to the billed assessments or it can be set up to generate a Transfer Register export file if your organization transfers assessment billing responsibilities to another entity.

Letters Process

The Letters process is used to generate customized, Microsoft Word-based form letters for a filtered range of SA accounts. These letters can serve a variety of purposes, such as notifying customers of changes to their assessment status or requesting updated contact information.

Past Dues Process

Once charges have been generated on assessments, the Past Dues process can be used to assess penalties on delinquent accounts.