Record Redemption Fees

Record Redemption Fees

 
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AI-generated content may be incorrect.                                                                                          FundWorks Accounts Receivable – Record Redemption Fees


Record Redemption Fees

This feature can be used to add any additional redemption costs, insuring costs, and or Mortgagee Notice Costs.

Navigate:

Lien Processing → Return Check Processing

The Record Redemption Fees menu will be found under the Lien Processing tab.  Follow the steps below.

 

Step 1 – Enter details for Redemption Costs

Select the correct tax year and Property ID.  The ellipsis can be used to search for the correct property. 


Enter the Correct Description and the cost for the account.  Be sure that the Update EB2Gov checkmark is selected.  This will allow data to cross into EB2Gov. 

Step 2 – Record data

When all the data has been recorded inside the menu, click on the Record button.  This will create the cost onto the Lien account, as well as post to EB2Gov if the checkmark is marked.  You will receive a popup stating the cost as been recorded onto the account.  


The Redemption Cost will be posted on the Lien record after clicking okay.  It will be shown in Lien Maintenance under the Lien Processing Tab, and search for the Property ID.    

  







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