Example: Using Standalone Chargebacks to Distribute an Unapplied Receipt Among Multiple Tenants
When you receive one payment to be distributed among multiple tenants without applying it to invoices, you use the standalone chargeback feature.
For example, you receive a receipt for 15,000 from payor 3001 to be applied as:
5,000 to tenant 3004
5,000 to tenant 3333
5,000 to tenant 3334
Using the standalone chargeback feature, you specify the tenant and amount to distribute. Enter the payment amount as a credit (negative amount). You repeat the process until the amount is fully distributed among the tenants.
This table displays the records that the system creates when you use standalone chargebacks to distribute an unapplied receipt among multiple tenants:
Table |
Document Type |
Gross Amount |
Tenant Number |
Payment ID |
|---|---|---|---|---|
F03B13 |
not applicable |
15,000 |
3001 |
521 |
F03B11 |
RB |
–5,000 |
3004 |
521 |
F03B11 |
RB |
–5,000 |
3333 |
521 |
F03B11 |
RB |
–5,000 |
3334 |
521 |
F03B14 |
RC* |
–5,000 |
3004 |
521 |
F03B14 |
RC* |
–5,000 |
3333 |
521 |
F03B14 |
RC* |
–5,000 |
3334 |
521 |
* This is the matching document type (DCTM).
The system uses the payment ID to provide an audit trail from the F03B11 and F03B14 records to the original F03B13 payment record.