Where it is necessary to change the EDP of a payment on a SAFE
record the payment must first be moved to Unallocated Payments.
This is achieved by using the Reset Payment function. In resetting
the payment any associated interest charge will automatically be
reduced to nil except where the Interest Exception or Inhibit
Interest signals have been set.
Where either of these signals is set the resetting of the
payment will prompt an entry on the Clerical Interest worklist. The
interest charge should be amended to zero using the Amend Charge
function. Once the interest charge has been reduced to zero the EDP
of the payment can be amended using the function Manage Charge and
selecting Amend EDP.
If the charge is not subject to clerical interest auto
clearing will automatically return the payment with the amended EDP
to the charge and the interest position will be re-calculated. If
the charge is subject to clerical interest auto clearing will still
return the payment with the amended EDP to the charge and this will
prompt an entry on the Clerical Interest worklist.
EDPs can only be amended by the SAFE team.
