2.1.6 Facility Fee Payment Maintenance

This topic provides systematic instructions about facility fee payment maintenance.

User can capture Liquidation Method as Manual in Fee & Accounting Class Maintenance screen for a rule code in Rule Preferences screen.

At the time of facility creation in Facility Maintenance screen, this value gets defaulted as Manual in Liquidate Method field in facility Fee Details screen.

User can perform manual fee payment by selecting facility detail and limit date in the Facility Fee Payment Maintenance screen.

  1. On Home screen, select Limits and Collaterals. Under Limits and Collaterals, select Limits.
  2. Under Limits, select Maintenances. Under Maintenances, select Facility Fee Payment.
  3. Under Facility Fee Payment, select Facility Fee Payment Maintenance.
    The Facility Fee Payment Maintenance screen is displayed.

    Figure 2-61 Facility Fee Payment Maintenance


    Description of Figure 2-61 follows
    Description of "Figure 2-61 Facility Fee Payment Maintenance"

    Once you select the Liability Code, Line Code, and Limit Date, and click Populate, the Fee Rule Details and Schedule Details sections get displayed.

    The Serial No field is disabled, and it gets defaulted from the Facilities Maintenance screen.

    It shows the summary of amount due and amount scheduled for a particular fee starting from start date to limit date.

    Note:

    • Payment can be done till today's date only. Reversal of payment is allowed for latest version and today paid payment only
    • Fees that are due for backdated facility till facility book date can be liquidated once the facility record is authorized

    As part of manual liquidation of facility fees, FLIQ (Fee Liquidation) event is triggered and appropriate entries are passed by system.

    REVP (Reverse Payment) and RPRL (Reverse Pay/Receive Liquidation) events are system generated events when reversal of manual payment and pay-receive liquidation is opted for which accounting entries are internally generated by the system.

    Note:

    • Pending fee will be liquidated at the time of facility closure for the accrued amount.
    • In case the Fee Parameters at Facility level are modified after populating the Fee details in Facility Fee Payment Maintenance , you can click Populate again to recalculate the fee details.
  4. Click Save to save the record.

Parent topic: Maintenances