TCM0232020 - Payment - payment profile: Payment profile - accounting (Info)

»Ê¹ÚÌåÓýapp amount of the tax credit award will be entered on to the individual customer’s accounting record for this award. »Ê¹ÚÌåÓýapp amount of the tax credit award is the sum of all tapered entitlements for each tax credit.

»Ê¹ÚÌåÓýapp previous version of the award is cancelled out by entering a negative sum of the award amount (known as a ‘contraâ€�) to the accounting record. »Ê¹ÚÌåÓýapp new award is then entered as a positive sum.

If the recipient changes during the award period

  • the award entitlement up to the date of change is entered on the first recipient’s accounting record
  • the balance is entered on the new recipient’s account.