The Main page contains basic information about the pay plan. Open to maintain this information.
Description of Page
Pay Plan information and Pay Plan ID are displayed on each page. These values only appear after the obligation is created. The Pay Plan ID is a system assigned random number that stays with the obligation for life. The Pay Plan information is a concatenation of important details about the obligation and its account.
The Primary Account ID is identification of the account that is financially responsible for the pay plan.
The Primary Taxpayer ID is identification of the taxpayer that is financially responsible for the pay plan.
Indicate the Division and Obligation Type. These fields control aspects of the pay plan's behavior, such as events that occur when a pay plan is activated or stopped. These fields are gray when the status is not Pending Start.
For more information about pay plan obligation types, refer to Defining Pay Plan Options .
Recommendation Rule is used to create a recommended payment amount and payment schedule. The obligation type controls which recommendation rules are allowed for the pay plan.
If Scheduled Payment Auto Pay is Included in Auto Payand the account is set up for automatic payment, the scheduled payments are covered by auto pay. If Excluded from Auto Pay, the scheduled payments are excluded from auto pay if it is set up for the account.
The Start Date defines when the financial relationship begins. The End Date is a display only field that indicates when the financial relationship terminates.
The Recommendation Rule Parameter Values grid specifies the parameters and their values to use for the selected recommendation rule:
Parameter is the name of the parameter from the recommendation rule algorithm type.
Value is the value used for the parameter. If the recommendation rule allows, you can override the default values by specifying your own.
The recommendation rule's controls the number and type of parameters. The recommendation rule controls the default values and whether they can be overridden.
The Covered Obligations grid lists the obligations that are covered by the pay plan. The list of covered obligations would depend on the business situation and the rules of the specific tax authority. Some tax authorities might allow for obligations across different tax types to be listed on the same pay plan while others may not. Rules regarding open cases (audit, bankruptcy) would also limit the eligibility of obligations. You must create the list of covered obligations before the recommendation rule can recommend a payment amount and list of scheduled payments. The grid displays the Obligation ID, Obligation Information, Account ID, Current Balance and Payoff Balance for covered obligations.
The Scheduled Payments grid displays the scheduled payments created by the recommendation rule (after you click the Recommend button). You can manually create or modify the Scheduled Date and or Scheduled Amount of any scheduled payment in the list. The Total of Scheduled Payments shows the total of all scheduled payments in the list. The Status of each scheduled payment is also displayed.
In the Action grid:
Click Recommend to create a recommended payment schedule based on the recommendation rule.
Click Break to manually stop the pay plan. This executes any break pay plan algorithm(s) defined for the obligation type, and changes the status of the obligation to pending stop.
Click Cancel to cancel the pay plan. This executes any cancel algorithm(s) defined for the obligation type, and changes the status of the obligation to canceled.
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