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  • Transfers/Advances

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Only outstanding advances can be repaid.  On the grid, outstanding advances will be denoted with a in the first column.  To Repaying an advance will process an expenditure transaction from the advance out (return) account and a receipt transaction to the advance in (return) account. To repay an advance:

  1. Click on the  for the advance you want to repay.
  2. The amount of the original advance will appear in the amount field.  Enter a date and description of the repayment.
  3. Click on  to post the transaction, click on to not post the transaction and return to the grid

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When an advance is repaid, the advance out (return) dimensions include a 7420 function code and a 922 object code.  The advance in (return) receipt code is 5220.