Remittance Processing

Presented by:

Yvonne Nelson & Joan Kaun

College of the Rockies

Outline

• Getting started• Remittance Code Creation (REMC)• Creating Vouchers & Reports (BVRP)• Reports (BVRP)• Remittance Maintenance (REMM)• Purge Remittances (REMP)• Rescue procedures when something goes wrong (VOUM)

Getting Started - 1

• Identify the bills to be paid (BEND)– Savings Bonds– Union Dues– RSP Contributions– Deferred Salary Leave– Gift Fund– Social Club– Charity Donations

Getting Started - 2

• Identify Vendor (United Way)• Check set up is correct in CORE

Getting Started - 3

• Make sure that AP.TYPES for HR use is set up in the CF System (APTF)

• You’ll have to trust your friends in Finance

Getting Started - 4

• Where to find Remittance ProcessingPR

PPRREM

REM

REMC

REM

BVRP - 1

• Should be ran after Payroll runs EHUP • Report Only mode

– Can be ran as many times as you need– Used for verification of data accuracy

• Voucher Update mode – Creates voucher– Can only be ran once for the selected records

BVRP - 2

BVRP – 3 Reports Created

• Ben/Ded Remittance Report• Tax Remittance Report• Additions Report for Benefits/Deductions• Cancellations Report• Reversals Report

BVRP – 4

REM

REMM – To add or change a record

• You must assign a remittance Id number in order to create a new record– Remittance Code Lookup – enter (…)– F2, or Window Bottom Function Key– Take note of the last number, the F8, or Finish– Now enter the next ID number – and A for Add

REMM – To add or change a record in the Remittance file

REMM – 2 Rerun BVRP (report only)

BVRP – Creating the Voucher

BVRP – Voucher Report

REMP – Purge Remittances

REMP – Report Only

REMP – Update Mode

OH NO!! – The Voucher is wrong!!

VOUM – Voucher Maintenance(rescue procedure)

• Take your paper voucher, and a really good candy to your friend in Accounts Payable

• Explain your dilemma and ask her/him very nicely to fix it.

Summary

• REMC– Remittance Code

Creation• BVRP

– Reports and Update mode

• REMM– Remittance Maintenance

• REMP– Purge Remittances

• VOUM– Voucher Maintenance