Multiple Payment Events Dialog

This section describes the default dialog setup when navigating from Menu > Financial > Payment Event Quick Add

Description of Page

Using the multiple payment events option, each row in the payment detail grid typically represents a unique distribution detail. However, more than one row in the grid can belong to a single payment event. All distribution details for identical tender account will be grouped under a single pay event.

The following columns appear in the Payments grid:

• Select a Distribution Rule by which the payment detail is to be processed. If you have set up a default distribution rule, it is defaulted in the first row.
• Specify the Rule Value associated with the payment and expected by the distribution rule.
• Use Payment Amount to define the amount of the payment.
• Use Tender Type to define the form or remittance (e.g., cash, check, etc.). Note that the Tender Type defaults from the installation record.

• Use Check Number if a check is remitted.
• MICR ID is the value of the magnetic ink character recognition (MICR) line on the payment.
  Note: The system supports encryption for MICR ID. If your implementation has configured the system to encrypt MICR ID, the data will be displayed with a masked value; such as, *******.Refer to Encrypting Sensitive Data for more information.
• You may use Customer ID to record additional customer information.
• You may use External Reference ID to record external information associated with the payment tender.
• You may use Name to record additional payment tender information.
• MICR ID is the MICR ID associated with the tender.
• Payor Account ID is the tender account as determined by the Determine Tender Account algorithm defined on the distribution rule. This information is only populated after the distribution detail has been processed.

After specifying the various payment distribution details in the grid, click Create. The system attempts to create payment event(s) as follows:

• As mentioned earlier, all distribution details for identical tender accounts are grouped under a single pay event. The first step in identifying common tenders is to determine the tender account. To do that the system calls the Determine Tender Account algorithm defined on the distribution rule.
• A payment event is created for each unique tender account.
• All rows having all attributes of the tender identical except for the amount are grouped together where each group represents a single tender.
• A single payment tender is created for each unique tender and linked to the payment event.
• The total payment amount for each distinct group of distribution details (for the payment event) having the same rule and value is summarized. For each distinct group, the system calls the Create Payment algorithm defined on the distribution rule providing it with the rule value and total payment amount. It is the responsibility of this algorithm to create the payments for this payment event.
• Add the distinct payment event distribution detail and its total amount beneath the payment event.
• If your implementation is configured for printing at a cashier station, the Print dialog appears. Refer to How To Print Receipts and Endorsements for more details.

The Payment Event ID column appears in the grid after the distribution details have been processed. It shows the payment event ID created for the distribution detail record and a short description as to the status of the payment(s) created for the payment event. You can use this field to navigate to the payment event.

After you've added a group of payment events, you should press the clear button (or Alt-C), to ready the page for the next group of payment event details.