Refund MOA Balance

 

Purpose:  To refund to the individual or firm money in their Money on Account.

 

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

 

•      Names or Firms → File Maintenance → Routines Drop-Down Menu →

 

Example:  When the routine is launched a window will open

 

The Refund MOA Balance routine will display all the transactions that constitute the current Money On Account balance. The available refund methods (check or credit card) are displayed.  Select the method by which you want to pay the refund. Enter the amount to be refunded.

 

 

 

 

 

A refund accounting slip can be printed. For non-integrated systems, the Refund Accounting Slip can be used for tracking the refund in your outside accounting package.

 

Note: the accounting slip cannot be re-printed, so be sure that the slip printed correctly before you respond to the message above.

 

Depending on how the original payment was received, the refund transaction is either refunded to a credit card or posted to an A/P voucher (if your system settings are set to automatically create an A/P voucher for refunds in the module where the money was applied).