PAC - Deposit Refund Parameters
This is the program used to set up and maintain the defaults and parameters to be used for the student deposit refund system.
To edit any of these parameters, click on the 'Edit' icon at the top of the screen.
When satisfied with your entry, click on the 'Save' button to commit your changes to the TASS.web database.
| Fields that require further explanation | |
|---|---|
Fee Code for transfers to Parents Account | This is the Fee code that will be used when a student deposit is distributed against a parent account using TASS.web program Finance > Parent Accounts > Student Deposit Refunds. It must be a credit fee code and the GL account should be the liability account for student deposits that applies to type 'D' deposits. |
Supplier Code for Refunds | This is the supplier code in Accounts Payable that will be used when student deposits are to be refunded as cheques or electronic payments to the parent. This should be a supplier that is not used elsewhere in Accounts Payable and cannot be the 'Miscellaneous' supplier. The GL distribution account for this supplier should be the liability account for student deposits that applies to type 'D' deposits. |
GL Account Code for Deposits | This is the GL account code that is referred to in the two fields above. It should be the same as the GL account code on the refund fee code and refund supplier record. |