Refund Credit Balances

 

Purpose:  To refund a peer review credit balance.

 

Launch Point: This routine can be launched from the following location(s):

 

•      Review → Routines → Special Routines →

 

Example:  When the routine is launched a window will open

 

The grid will show all peer review firms/individuals with a credit balance. For those credit balances that you want to refund, expand the detail rows by clicking on the plus sign to the left of the row.  This will show you the payments to the account and the available refund types.

 

 

 

Check the Select box for the refund type you want to use for this credit balance.  Repeat this for each credit balance to be refunded. The count and amount of the refunds selected are shown on the left of the window under the grid.  When you have all the credit balances you want to refund selected, click OK to post the refunds.

 

 

An accounting slip will print for each refund, showing information about the credit balance being refunded. If the refund type selected was by check and your system is set up to automatically create an A/P voucher for review refunds, you will see a note at the bottom saying that the refund has posted to accounts payable automatically.

 

 

 

If the refund type selected was by credit card, that information will also be shown on the accounting slip.