Purpose

To specify at the institution level the Disbursement Formula method to be used by the Disbursement Snapshot process

SubSystem

Finance

This form has been decommissioned from V9.0. This information has been transferred to FINF1R00 (Disbursements tab).

This form enables the recording of institutional level information relating to the management of Fee Disbursement. This function allows an administrator to specify at the institution level, the Disbursement Formula method to be used by the Disbursement Snapshot process.

The two methods of Disbursement are:

• Maintain Fee Disbursement Formula - FINF7210
• Maintain Fee Type Disbursement Formula - FINF7510

For example, a university that has many Fee Types associated with the same formula may use FINF7510 to set up formula. A university that has a different formula for each Fee Type may decide to continue using the existing structure of FINF7210. Only one method can be used. An institution should choose which Disbursement Calculation method to use.

This form is accessed from the main menu.

The Disbursement Calculation Method block contains:

• Fee Disbursement Method (Pop)

Rule/Notes:

No initial value will be specified. The user should select a value before setting up disbursement formulae and running the snapshot, otherwise the snapshot will fail. .

Rules/Notes:

Only one method of setting up Disbursement Formula can be used by an institution.