Adjusting and reversing pledge payments
You can use the Pledge Reversal window to:
- reverse payments to a pledge
- move payments from a pledge to the debtor account.
Pledge Reversal window key fields
Field | Description |
---|---|
Pledge Amount | Total amount pledged. |
Allocated Amount | Amount received against the pledge. |
Reverse Single Instalment | Select to reverse the last instalment of the pledge. |
Reverse Allocated Amount | Select to reverse the Allocated Amount of the pledge. |
Reverse Other Amount | Select to type in the amount to reverse. |
Adjust Pledge Amount | Select to type in a new Pledge Amount. |
Adjustment Comment | Add a comment for the pledge adjustment. |
Transfer Reversed Amount to Debtor Account | Select to transfer the amount of the reversed pledge to the debtor account. Otherwise, the reversed amount is unallocated. |