Assign Credit to Int/Pen

RSA 80:57 states that an overpayment of $5.00 or less does not have to be refunded to the taxpayer. Therefore, when a payment is being posted and it overpays the invoice by $5.00 or less, the Avitar Tax Collect system will ask if you want to assign the overpayment to interest and penalties. You would select Yes to assign it or No to leave it as a credit. The Assign Credit to Int/Pen toolbar button is used after you have created the credit and now decided to assign it to interest and penalties.

 

To Assign Credit to Int/Pen, search and select the credit using the Receipts Data Access Tabs.  Select the Int/Pen toolbar button to display the Assign to Interest/Penalties dialog box. Click Yes to assign the credit or click No to cancel the procedure.