HECS Reconciliation Reverses the Upfront Discount And Applies A Deferral For An Amount Equal To the Reversed Discount When An Enrollment Has a Liability Status Not Equal to 202
(Doc ID 2946768.1)
Last updated on JANUARY 26, 2024
Applies to:
PeopleSoft Enterprise CS Student Financials - Version 9.2 and laterInformation in this document applies to any platform.
Symptoms
A student receives an Up Front HECS Discount. One or more enrolled classes has a liability status that is not 202 - HECS Up-Front Discount. The student pays their charges prior to the census date. When the HECS Reconciliation is run, the discount is reversed from the student account. A HECS Deferral is posted for the amount of the reversed discount.
When a student has a liability status of 202, and has paid their charges prior to census date, the discount should not be reversed.
The issue can be reproduced at will with the following steps:
- Navigate to Student Financials, Tuition and Fees, Australian Loan Processing, Process HECS Reconciliation;
- Select a run control;
- Populate the run control for one emplid and term, and specify the appropriate census date range;
- Submit the process to the process scheduler;
- Navigate to Student Financials, View Customer Accounts;
- Select the student;
- Review the HECS account for the term HECS Reconciliation was run;
- Note the HECS discount had been reversed and a HECS Deferral has posted for the amount of the HECS Discount that was reversed.
Cause
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In this Document
Symptoms |
Cause |
Solution |
References |