Transfer Clearing Account is not populated when redistributing in Payment Redistribution

Unable to use payment redistribution due to an error message. Error Message: No Transfer Clearing Account has been specified in Accounts Receivable Settings. This may cause an error when trying to redistribute payments.

• Payment Redistribution

The Transfer Clearing Account is not populated within the Accounts Receivable Settings program.

1. Navigate to General Revenues or Property Revenues > Accounts Receivable Settings

2. Select the Other Options tab.

3. Click Update.

4. Enter Transfer Clearing Account.

   • This is a Liability account determined by the site.

5. Click Accept.

6. Return to the Payment Redistribution program and redistribute the payments.

Please contact Tax support with any additional questions.