Locations:
- Credit Balances for Refund page
Users with the following permissions:
- Financial - Reports: View Credit Balances for Refund
Case:
FA overpayments should be refunded in 14 days according to the federal law.
Problem:
There is no ability to track the students with a negative balance that is formed after receiving an FA payment.
Solution:
Added the Credit Balances for Refund report.
The report shows all students that require a refund for the following reason: the A/R Card balance is negative because of a received FA payment and such refund is possible (there is a personal funds overpayment):
The report shows the following fields:
- A/R Card Balance - student balance from the A/R Card. The sum hyperlink leads to the student's A/R Card page.
- Credit Balance for Refund - the sum that needs to be refunded to a student:
- If Balance in the A/R Card is greater than Total Payoff (the sum the student paid from personal funds), the whole Total Payoff can be refunded.
- Otherwise only the Balance sum from the A/R Card can be refunded.
- Start Refund Date - the date the refund days count started.
- Days from Refund Date - the number of days that had passed since the day when a refund was to be made. If this value is greater than N days, the cell is highlighted in red and hovering over the cell will display a corresponding hint.
- Groups - the student's groups.
Note: N - is the value of the Period for Which a Student Must Get a Refund After Overpayment, days setting from the School Settings page.
The information in the report is updated and recalculated automatically in the background.
If the automatic calculation is in the process at the moment, the report will show a corresponding message.
Available since GEGI v4.12.0 (view release notes)