Running recalculations

You can run recalculations for monthly pre-authorized payment (PAP) plans that are configured to automatically recalculate amounts in order to recalculate payment amounts for sign-ups in the plan. You can run the recalculation for all sign-ups or all new sign-ups. You can also run the recalculation for all or new sign-ups in a specific batch. For example, if you wanted to recalculate payment amounts for sign-ups in a billing batch after a tax bill calculation, you could run the recalculation exclusively for the sign-ups in the billing batch.

To run a recalculation:

1. From the menu, select Property Tax > Processing and Transactions > PAP Plans. For more information about navigation, refer to Navigating Property Tax.
2. Locate the row for the PAP plan and, under Name, select the name. The PAP Plan Details page appears.
3. At the top of the page, select Actions and then select Recalculate. The Recalculate PAP Plan page appears.

4. Using the following table, configure each setting as required:

   Field	Description
   New Payment Amount Start Date	The start date for the new payout amount calculated for sign-ups in the plan by the recalculation process. You must choose from payment events in the plan with an Event Date on or later than today's date. From the list, select the payment event to set as the new start date for the recalculated amount.
   Sign-Ups to Recalculate	The sign-ups in the plan to include in the recalculation process. What do you want to do? To run the recalculation for all sign-ups in the plan, select All Sign-Ups. To run the recalculation for new sign-ups in the plan only, select New Sign-Ups. Sign-ups are considered new if the payout amount is undefined. For example, when adding a sign-up, you can leave the Amount field blank so that the payout amount is set when a recalculation is run for new sign-ups only. For more information about sign-ups and payouts, refer to PAP tab. To run the recalculation for all sign-ups in the plan that are in a specific batch only, select All Sign-Ups in Selected Batch. The Batch field appears, allowing you to select the batch. For example, you may want to apply the recalculation to a specific billing batch to recalculate payouts based on new amounts determined by a recent tax bill calculation. To run the recalculation for new sign-ups in the plan that are in a specific batch only, select New Sign-Ups in Selected Batch. The Batch field appears, allowing you to select the batch.
   Batch	If you selected All Sign-Ups in Selected Batch or New Sign-Ups in Selected Batch, in the Sign-Ups To Recalculate field, you must select the batch to use. Select a batch: Select . The Select Batch dialog box appears. Locate the row for the batch and select it. For more information about finding items in grids, refer to Working with grids. Select OK.
   Batch Type	The batch type for the batch selected in the Batch field.
   Batch Description	The batch description for the batch selected in the Batch field.

5. Select Run Recalculation. The recalculation is submitted for processing and the status is set to Recalculation In Progress until it is complete.