Transferring the Funding Amount of a Credit Bill to a Garnishment Contract

Prerequisites

To transfer the funding amount of a credit bill to a garnishment contract, you should have:

  • At least one garnishment contract on the account

Note: The garnishment contract is a contract which is created using a contract type where the Special Role Flag field is set to Garnishment.

Procedure

To transfer the funding amount of a credit bill to a garnishment contract:

  1. Search for the funding request in the Funding Request screen.
  2. In the Search Results section, click the link in the Funding Request Information column corresponding to the funding request whose details you want to edit.
    The Funding Request screen appears.
  3. Click the Bills tab.
    The Bills tab appears.
  4. In the Selected Bills zone, click the link on the value Y in the Garnishment Contract column corresponding to a credit bill whose funding amount you want to transfer to a garnishment contract of the account.

    The Edit Garnishment Details screen appears. It contains the following field:

    Field Name Field Description
    Bill Information Indicates the credit bill whose funding amount you want to transfer to a garnishment contract of the account.

    In addition, this screen contains the following fields in a grid:

    Field Name Field Description Mandatory (Yes or No)
    Garnishment Contract Used to indicate the garnishment contract of the account. Yes
    Garnishment Amount Used to specify the amount that you want to transfer to the garnishment contract. Yes
  5. Enter the required details in the Edit Garnishment Details screen.
  6. If you want to transfer the funding amount of the credit bill to more than one garnishment contract of the account, click the Add (The Add Icon) icon and then repeat step 5.
    Note: However, if you want to remove a garnishment record from the funding request, click the Delete (The Delete Icon) icon corresponding to the garnishment record.
  7. Click Save.
    The changes made to the funding request are saved.

Related Topics

For more information on... See...
How to search for a funding request Searching for a Funding Request
Funding Request screen Funding Request (Used for Viewing)
Selected Bills zone Selected Bills