Support ›› Manual ›› Credit Management ›› Operations ›› Refunds Processing ›› Settlement ››
Refund Batch Authorization
Use this sub-module to authorize a Refund Batch.
A refund Batch Debits a Customer's Loans or Investment account and Credits their Ordinary Savings account.
To access this window, click :Credit Management - > Operations - > Refund Processing - > Refund Authorization
The following screen will open up :
Refund Batch Authorization Fig 1.
The verified refund batches will be displayed on the screen.
NOTE: You can only authorize a refund batch whose status is verified.
Refund Batch Authorization :
Identify the refund batch to be authorized :
Refund Batch Authorization Fig 2.
Click on the verification icon
against the entry to open the following screen :
Refund Batch Authorization Fig 3.
Cross check and ensure the entry details are correct.
Remarks - Provide authorization remarks in the remarks field.
Pick the post option from the drop down menu.
Click on the update Button to effect the verification.
On successful completion you will get a pop up message confirming that the operation was successful
Created with the Personal Edition of HelpNDoc: Free Qt Help documentation generator
All Rights Reserved.