SB Enterprise Help Center

SA Transfer a Transaction

Updated on

Summary

Once charges have been generated or payments have been processed, these transactions can be adjusted in the Special Assessments module using the Adjustments process (SA> Adjustments).

Follow this process to create a transfer adjustment. Transfer adjustments are often used to transfer credits or payments that are mistakenly applied to the wrong assessments.

Step by Step

 

1     Create or open an Adjustments batch.

  • Select the Adjustments palette in SA> Adjustments. This will expand the Adjustments palette and display the steps of the Adjustments batch process.
  • Modify an existing batch or create a new Adjustments batch.
    • Select a batch number from the drop-down menu at the top of the Adjustments palette to select an existing batch.
    • Select New from the Adjustments batch number drop-down menu to create a new batch. This will open the New Batch window.
    • If there are open batches in the Adjustments process, you can create a new batch without affecting the open batches.
    • Enter a Batch Month and Batch Year. These fields default to the current calendar period and are for reference only. The fiscal period of the transactions in the batch is determined by the Journal Entry Date entered during the Generate step.
    • Click the Generate icon to populate the Batch Number field with the next available batch number. Batch numbers are limited to five digits and must be unique within the batch month of the batch year.
      • You can also manually create a new batch by entering a Batch Number and clicking the Save icon.
  • Highlight the batch in the batch number drop-down menu on the Adjustments palette and press DELETE to delete a batch. Any uncommitted adjustments in the batch will be deleted.

 

2     Enter or edit the reversal adjustments.

  • Open the Select Adjustments window (SA> Adjustments> Edit).
  • The Select Adjustments window will display all of the adjustments in the open batch.
  • Highlight an adjustment and click the Delete icon to remove the selected adjustment from the batch.
  • Click the Create icon to open the Adjustment Wizard.
  • Select Transfer from the Adjustment Type drop-down menu.
  • Specify whether you will be transferring a CreditCash or Payment transaction from the Transaction Type drop-down menu.
  • Specify a Transaction Date for the adjustment.
    • The Transaction Date does not affect the date that the journal entries are posted to the general ledger. The journal entry date is determined when the GL Distribution report is processed.
  • Enter a Reference Number and Description for the adjustment. This information is not required.
    • The Description will appear on the Adjustment Statements that are generated for the customers associated with the adjusted assessment.
  • Click the Assessment Number field label to select the account that the credit or payment will be transferred from.
    • You will receive an error message if the selected assessment does not contain the transaction type you are attempting to transfer.
  • Click the Target Assessment Number field label to specify which account the credit or payment will be transferred to.
  • Click the Next button to proceed to the next step.

 

3     Select and transfer the transactions.

  • The following window will display the transactions that can be transferred from the source assessment and the receivables that the transfer can be applied to on the target assessment.
  • Highlight the source payment or credit and the target receivable and click the Next button.
    • CR Paydown payments cannot be transferred.
  • The final window on the Adjustment Wizard will display the transfer transaction details.
  • Click the Finish button to close the Adjustment Wizard and return to the Select Adjustments window.
    • Each of the transactions that will result from the transfer will be displayed on the Select Adjustments window.

 

4     Commit the adjustments batch.

Previous Article SA Reverse a Transaction
Next Article SA Commit an Adjustments Batch
Still Need Help? Contact Us