Waiver Amount Adjustments
Last updated on FEBRUARY 14, 2018
Applies to:PeopleSoft Enterprise CS Student Financials - Version 9 to 9.2 [Release 9]
Information in this document applies to any platform.
A waiver code is configured to use 'Waive Percentage' s set on the waivers page (Set Up SACR, Product Related, Student Financials, Tuition and Fees, Waivers), the waiver amount is adjusted proportionately to the charge amount. The waiver amount appears to follow the adjustment calendar while doing the adjustment.
However, if the waiver is setup as a flat amount waiver, the waiver amount will not follow the adjustment calendar during downward adjustment. Is there a way to set up a flat amount waiver to adjust proportionately to the charge amount? For example, if the original charge is $1000, and a flat waiver of $600 is applied. The original charge is reduced by 25%, can the waiver amount be reduced by 25% also?
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