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Adjusting and reversing pledge payments

You can use the Pledge Reversal window to:

Opening the Pledge Reversal window

Pledge Reversal window key fields

Field

Description

Pledge Amount

Total amount pledged.

Allocated Amount

Amount received against the pledge.

Reverse Single Instalment

Select to reverse the last instalment of the pledge.

Reverse Allocated Amount

Select to reverse the Allocated Amount of the pledge.

Reverse Other Amount

Select to type in the amount to reverse.

Note: It is not possible to reverse a negative amount.

Adjust Pledge Amount

Select to type in a new Pledge Amount.

Note: If the pledge amount is reduced, the original pledge amount is stored on the pledge record.

Adjustment Comment

Add a comment for the pledge adjustment.

Note: This field is not editable unless Adjust Pledge Amount is selected.

Transfer Reversed Amount to Debtor Account

Select to transfer the amount of the reversed pledge to the debtor account. Otherwise, the reversed amount is unallocated.

Last modified: 4/10/2012 12:04:39 PM

See Also

Using the Payment Creation window

© 2017 Synergetic Management Systems. Published 20 July 2017.

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