COM125012 - Repayments / reallocations: non automatic repayments: intervention in automatic repayments (Action Guide)

To enter BACS details onto COTAX record

Steps 1 - 5

To alter the destination of a BACS repayment

Steps 6 - 9

1.

Before making or amending the assessment

• Use Function MAPS (Maintain Accounting Period Signals) and select ‘Reallocations & Repayments (Manual)’ from the drop down menu of the Inhibitions for the AP for which the repayment is due

2.

Create the overpayment

3.

Make sure that you know the

• Bank Sort Code

• Bank Account Number

• Account Name

• Building Society Reference (when repaying to a Building Society)

4.

Use Function DIRR (Direct Repayment) Screen COT171J to enter the account details and tell the computer to issue the repayment

5.

Make a note on COTAX of why you set the Inhibit Reallocations and Repayments (Manual) signal in Function MAPS.

6.

Before making or amending the assessment

• Use Function MAPS and select ‘Reallocations & Repayments (Manual)’ from the drop down menu of Inhibitions for the AP for which the repayment is due

7.

Create the overpayment

8.

Use Function DIRR and change the existing details, checking that these details are correct before completing DIRR action

9.

Make a note on COTAX of why you set the Inhibit Reallocations and Repayments (Manual) signal in Function MAPS.