Add/Edit Deposit Form

This form lets you enter a new deposit or edit an existing deposit. Once the estimated allocation date has passed, you may allocate funds from this deposit to the customer's postpaid balance or return funds to the customer.

Adding/Editing

To add/edit a deposit use the Deposit Info tab to enter the deposit information.

• Request Date

  Date customer was told a deposit is required.

• Deposit Type

  How the deposit was paid - cash, check, credit card, and so on. Deposit Types are defined in the Admin Console Data Management.

• Principle Amount

  Deposit amount paid.

• Accrued Interest

  Amount of interest earned.

• Total Amount

  Total amount - principle paid + accrued interest.

• Interval (Months)

  Length of time (entered as number of months) the deposit must be held before it can be allocated.

• Est Allocation Date

  The date on which the deposit balance may be allocated based on the Received Date and the Interval.

• Received Date

  Date the deposit was received from the customer.

• Interest Calculated

  The most recent date that interest was calculated. System-generated.

• Allocation Date

  The date the first allocation was made, If any amount of the deposit has been allocated.

• Waive Type

  The reason a deposit was not required. If used, the Waive Date must also be populated. These cannot be changed once the deposit has been received. Waive reasons are defined in the Admin Console Data Management.

• Waive Date

  The date the deposit was waived, if applicable. If used, the Deposit Waive Type must also be populated. These cannot be changed once the deposit has been received.

• Description

  Optional text field for entering pertinent information if applicable.

  All fields on the Deposit Info tab are deactivated (read-only) once the Received Date has been specified.

  Note

  For Corporate Accounts, you cannot add deposits to Non-Invoice Responsible customers.

Allocating

To allocate deposit funds click the Actions button or use Deposit Allocation tab.

• Select the type of allocation from the drop-down list.

  

• Enter the amount to be allocated. The sum of the allocations cannot exceed the total amount of the deposit.

• Enter an optional description if desired.

• Click Save. This adds the allocation to the Deposit Allocation tab and reduces the Total Amount by the amount of the allocation.

  To view allocation transactions made against this deposit click the Deposit Allocation tab.