SAM110083 – Repayments: issue repayment: cancelling / amending a freestanding credit (Action Guide)
When a freestanding credit on the SA record is to be cancelled or amended, or the EDP of the credit is to be amended, follow steps 1 - 5 below. The guide is presented as follows
| Cancelling a freestanding credit | Steps 1 - 3 |
| Amending a freestanding credit | Steps 4 - 5 |
For details of how to access any of the SA functions, select
‘Index Of Functions’ on the left of the screen.
Note: If a return for 2001/2002 or later years is
unlogged, any freestanding credit created automatically from that
return will be cancelled automatically by the computer system.
Cancelling a freestanding credit
- Use function VIEW STATEMENT to
- Select the statement showing the freestanding credit
- Enter the line number on which the freestanding credit appears in the Select Line field, and
- Select the [View] button. You will then be taken to function CANCEL FREESTANDING CREDIT
- In function CANCEL FREESTANDING CREDIT
- Select the [Cancel] button. The credit previously entered on the SA record will be cancelled
Note: This will reverse any previous allocation where the original credit was allocated to a charge or repayment
- Use SA function MAINTAIN SA NOTES to enter a brief note
recording the fact that the freestanding credit has been cancelled
Amending a freestanding credit
- If you want to amend either a manually created or automatically
created freestanding credit
- Follow steps 1 and 2 above to cancel the original credit
And
- Use function CREATE FREESTANDING CREDIT to enter the revised details
- Use SA function MAINTAIN SA NOTES to enter a brief note
recording the fact that the freestanding credit (amount and / or
EDP) has been amended
