Billing Students Using OLA or VERWINFO
The VERWINFO and Clieop03 functionality work only with the previously existing Business Unit Bank Account, Student Bank Accounts, and Corporate Bank Accounts pages (Setup SACR, Product Related, Student Financials, Billing). If you use the new banking pages that enhance SEPA financial processing, you will not be able to use VERWINFO and Clieop03.
This section provides an overview of billing students using OLA or VERWINFO and discusses:
These steps must be completed to bill students using OLA or VERWINFO:
The institution calculates tuition and fees and bills students.
The institution prints and sends OLA forms to students.
The students sign and return OLA forms to the bank by mail or use electronic banking to notify the bank of OLA details and payments to be deducted from the banking account assigned.
The bank processes the OLA forms, produces the VERWINFO, and sends the VERWINFO to the institution.
The institution loads the VERWINFO and posts payments.
Page Name |
Definition Name |
Navigation |
Usage |
---|---|---|---|
Student Post |
GRP_QUICK_POST |
|
Post transactions for individual students. |
Print OLA Forms |
SSF_RUNCTL_OLA_NLD |
|
Print OLA forms. |
Load VERWINFO |
SSF_RUNCTL_GP_NLD |
|
Load the VERWINFO payment file. |
Access the Student Post page (
).Post transactions.
Access the Print OLA Forms page (
).Image: Print OLA Forms page
This example illustrates the fields and controls on the Print OLA Forms page. You can find definitions for the fields and controls later on this page.
![Print OLA Forms page](img/i6604892an-6d96.png)
Field or Control |
Definition |
---|---|
Business Unit |
Select the business unit. |
Req Nbr (request number) |
Select the request number from your billing process. Before you print OLA forms, you must run billing and get the request number. |
Contract Code |
Select one of the following: A-Contract B-Contract C-Contract |
Access the Load VERWINFO page (
).Note: Using this page, you run the process that loads payments from the banking institution.
Image: Load VERWINFO page
This example illustrates the fields and controls on the Load VERWINFO page. You can find definitions for the fields and controls later on this page.
![Load VERWINFO page](img/i6604892an-6d43.png)
Field or Control |
Definition |
---|---|
File Name and File Directory |
This file name, which is provided by the banking institution, will be loaded into the PeopleSoft system. The File Directory is the location where the file will be sent. |
Group Type |
Select a group type for creation of the Posting Group. |
Input File Layout ID |
Select a layout ID from those already set up. The values in the layout will be used as defaults. |
Balance the Group |
Select this check box to post the group during processing. |
Generate Report |
Select this check box to create a report of the file load. |
Use the standard process to process payments.