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 Reversing Subrogation/Recovery Receivables

Use

You can reverse a subrogation/recovery receivable that has already been posted. You would need to do this, for example, if you posted the subrogation/recovery receivable by mistake.

Prerequisites

  • You have posted the subrogation/recovery receivable and it has the status Requested (see Status of Subrogation/Recovery Receivable ). This means that the collections and disbursements system has not yet reported back any cash receipt at all for the amount requested.

  • You are working in collective subrogation/recovery processing on the Settlements tab page.

Procedure

  1. In the Settlement Overview section, double-click to select the settlement whose receivable you want to reverse.

  2. Choose with the quick info text Reverse .

Result

  • The subrogation/recovery receivable is given the status To Be Reversed . Once you save the data, the subrogation/recovery receivable has the status Reversed .

  • The collections and disbursements system reverses the document.