tax_claim:paymentplanform

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tax_claim:paymentplanform [2017/06/05 14:55 UTC] – adjusted formatting for better clarity mwolfetax_claim:paymentplanform [2017/06/08 19:02 UTC] (current) – [Changing Payment Plan Status] mike
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 ====== Add Payment Plan ====== ====== Add Payment Plan ======
 +<WRAP round 40% right box>
 +=== Quick Reference ===
 +Follow these steps to enter a payment plan:
 +  - Click [Pmt Plan] button on Property form
 +  - Click [Add Payment Plan] button on Payment Plan form
 +  - Check box by year to include in the payment plan 
 +  - Enter the //Deposit Amount// and adjust other defaults
 +  - Click [Add Installments] button
 +  - Click [Create Flags] button to keep out of sales
 +  - Click [Print Payment Plan] and have taxpayer sign
 +  - Close the Payment Plan form
 +  - Click [Rec. Pmt.] and add a receipt for the deposit amount, if needed
 +
 +<wrap important>REMEMBER!</wrap> Create the payment plan **before** accepting the deposit payment.
 +</WRAP>
 +
 Add Payment Plan starts a new payment plan and fills in the following default information: Add Payment Plan starts a new payment plan and fills in the following default information:
  
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 Checking the Stay box is an alternative to entering the Payment Count that forces the program to conform to the requirements of a Stay of Sale agreement.  If checked it will create a payment plan with four payments, each three months apart, beginning with the month and year from the Start Date. Checking the Stay box is an alternative to entering the Payment Count that forces the program to conform to the requirements of a Stay of Sale agreement.  If checked it will create a payment plan with four payments, each three months apart, beginning with the month and year from the Start Date.
  
-The Deposit Amount can be entered here so that it will be made part of the calculation of the Installment Amount and appear on the Printable Payment Plan described below.  Entering the amount here does not replace creating a receipt; that needs to be done as a separate step on the Receipt Form as you would usually to receive a payment.  If you have already posted a payment for the Deposit Amount you should not include it on this form because it will reduce the Balance Due below what is actually owed.  If you have already posted the Deposit Payment and want it to show on the payment plan you can enter it here and manually increase the Amount Due by the amount of the Deposit.  This may be confusing, however, because the Amount Due will not match the sum of the Current Balance list.+===== Deposits ===== 
 + 
 +A Deposit Amount can be entered here so that it will be made part of the calculation of the Installment Amount and appear on the Printable Payment Plan described below.  Entering the amount here does not replace creating a receipt; that needs to be done as a separate step on the Receipt Form after the payment plan is set up.  <wrap important>Do not post the payment for the Deposit Amount before setting up the payment plan.</wrap>  If you do, the program will double-count the deposit amount which will reduce the Balance Due below what is actually owed.  ((Mistakes do happen.  If you posted the Deposit Payment before setting up the payment plan, you have two options:  1) if you want it to show on the payment plan, you can enter it on the Payment Plan Form and manually increase the Amount Due by the amount of the deposit (this may be confusing, however, because the Amount Due will not match the sum of the Current Balance list); or 2) you can just leave the Deposit Amount at zero on the payment plan because the payment has already been applied to the balance due.))
  
 ===== Add Installments ===== ===== Add Installments =====
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 Recording payments on this form is important because the program uses this information to generate Payment Plan Reminder letters for tax payers who have missed payments.  These letters are available from the Reports Menu. Recording payments on this form is important because the program uses this information to generate Payment Plan Reminder letters for tax payers who have missed payments.  These letters are available from the Reports Menu.
  
-====== Changing Payment Plan Status ======+===== Changing Payment Plan Status =====
 At some point you will need to change the Status of the Payment Plan.  If the tax payer successfully finishes the payments you should change the status to Completed.  If the tax payer fails to complete the plan in a timely fashion you should change the Status to Defaulted.  If you replace the payment plan or for any other reason no longer need it then you should change the Status to cancelled.  Only Payment Plans with a Status of Active are evaluated for Payment Plan Reminder Letters.  If a Property is completely paid off the program will automatically change the Status of all Active Payment Plans to Completed. At some point you will need to change the Status of the Payment Plan.  If the tax payer successfully finishes the payments you should change the status to Completed.  If the tax payer fails to complete the plan in a timely fashion you should change the Status to Defaulted.  If you replace the payment plan or for any other reason no longer need it then you should change the Status to cancelled.  Only Payment Plans with a Status of Active are evaluated for Payment Plan Reminder Letters.  If a Property is completely paid off the program will automatically change the Status of all Active Payment Plans to Completed.
  • tax_claim/paymentplanform.1496674530.txt.gz
  • Last modified: 2017/06/05 14:55 UTC
  • by mwolfe