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1		-(% class="wikigeneratedid" id="HSECTION14TRANSFERPROCESS" style="text-align: center;" %)
2		-(% style="color:#2980b9; font-size:28px" %)**SECTION 14 TRANSFER PROCESS **
	1	+(% style="text-align: center;" %)
	2	+= (% style="color:#2980b9; font-size:28px" %)**SECTION 14 TRANSFER PROCESS **(%%) =
3	3
4	4
5	5
...	...	@@ -11,7 +11,7 @@
11	11
12	12
13	13	(% style="text-align:center" %)
14		-[[image:Section 14 Transfer Process_html_8cba33b1e8c9fa24.gif||data-xwiki-image-style-alignment="center" height="128" width="463"]]
	14	+[[image:Section 14 Transfer Process_html_8cba33b1e8c9fa24.gif||height="128" width="463"]]
15	15
16	16	{{info}}
17	17	(% style="break-before: page; text-align: center;" %)
...	...	@@ -26,7 +26,7 @@
26	26
27	27
28	28	(% style="break-before: page; text-align: center;" %)
29		-= (% style="color:#2980b9" %)**Introduction**(%%) =
	29	+== (% style="color:#2980b9" %)**Introduction**(%%) ==
30	30
31	31
32	32
...	...	@@ -41,30 +41,31 @@
41	41
42	42
43	43	(% style="break-before: page; text-align: center;" %)
44		-= (% style="color:#2980b9" %)**Section 14 Process for an Individual Member**(%%) =
	44	+== (% style="color:#2980b9" %)**Section 14 Process for an Individual Member**(%%) ==
45	45
46	46
47	47
48		-== (% style="color:#2980b9" %)**Section 14 where the member is invested in a Managed Fund**(%%) ==
	48	+=== (% style="color:#2980b9" %)**Section 14 where the member is invested in a Managed Fund**(%%) ===
49	49
50		-Generate a Member Statement and ensure that all transactions have been completed and priced.  Exit the member using the standard Member Exit Batch.  Ensure that the workflow process is completed in full.  The Disinvestment Process, which is part of the workflow MUST be done to ensure that the investable portion is moved to Bank for payment. Tax must be applied for on all Section 14 Transfers, in line with SARS’ rules.  Payment is then made to the receiving Fund.
	50	+Generate a Member Statement and ensure that all transactions have been completed and priced. Exit the member using the standard Member Exit Batch. Ensure that the workflow process is completed in full. The Disinvestment Process, which is part of the workflow MUST be done to ensure that the investable portion is moved to Bank for payment. Tax must be applied for on all Section 14 Transfers, in line with SARS’ rules. Payment is then made to the receiving Fund.
51	51
52	52
53		-== (% style="color:#2980b9" %)**Section 14 where the member is invested in a Unitized Fund**(%%) ==
	53	+=== (% style="color:#2980b9" %)**Section 14 where the member is invested in a Unitized Fund**(%%) ===
54	54
55		-Generate a Member Statement and ensure that all transactions have been completed and priced.  Exit the member using the standard Member Exit Batch.  Ensure that the workflow process is completed in full.  The Disinvestment Process, which is part of the workflow MUST be done to ensure that the investable portion is moved to Bank for payment.  Execute the transaction in Market and ensure that the transaction is priced before continuing. Tax must be applied for on all Section 14 Transfers, in line with SARS’ rules.  Payment is then made to the receiving Fund.
	55	+Generate a Member Statement and ensure that all transactions have been completed and priced. Exit the member using the standard Member Exit Batch. Ensure that the workflow process is completed in full. The Disinvestment Process, which is part of the workflow MUST be done to ensure that the investable portion is moved to Bank for payment. Execute the transaction in Market and ensure that the transaction is priced before continuing. Tax must be applied for on all Section 14 Transfers, in line with SARS’ rules. Payment is then made to the receiving Fund.
56	56
57	57
58	58
59	59	(% style="break-before: page; text-align: center;" %)
60		-= (% style="color:#2980b9" %)**Bulk Section 14 Process**(%%) =
	60	+== (% style="color:#2980b9" %)**Bulk Section 14 Process**(%%) ==
61	61
62	62
63	63
64		-== (% style="color:#2980b9" %)**Bulk Section 14 where the member is invested in a Managed Fund**(%%) ==
	64	+=== (% style="color:#2980b9" %)**Bulk Section 14 where the member is invested in a Managed Fund**(%%) ===
65	65
66		-* Generate a few Member Statements and ensure that all transactions have been completed and priced. Check that there are no Outstanding Contributions.
67		-* that the banking details of the receiving Fund has been loaded in the (% style="color:#2980b9" %)Administration > Financial Settings > System Bank Accounts > Transfer Funds (Bank Account Type)(%%) screen. Should the user not have access to this screen ensure that someone who does have access loads the banking details before commencing the process.
	66	+* Generate a few Member Statements and ensure that all transactions have been completed and priced.
	67	+* Check that there are no Outstanding Contributions.
	68	+* Ensure that the banking details of the receiving Fund has been loaded in the (% style="color:#2980b9" %)Administration > Financial Settings > System Bank Accounts > Transfer Funds (Bank Account Type)(%%) screen. Should the user not have access to this screen ensure that someone who does have access loads the banking details before commencing the process.
68	68
69	69	Select and generate the(% style="color:#2980b9" %) “**Client Member Investment Product”** (%%)batch.
70	70
...	...	@@ -74,52 +74,56 @@
74	74
75	75
76	76	(% style="text-align:center" %)
77		-[[image:1633327074202-714.png||data-xwiki-image-style-alignment="center"]]
	78	+[[image:1633327074202-714.png]]
78	78
79		-(% style="break-before: page" %)
	80	+
80	80	A report will generate reflecting the member’s current Fund Credit.
81	81
82	82
83	83	(% style="text-align:center" %)
84		-[[image:1633327282743-140.png||data-xwiki-image-style-alignment="center"]]
	85	+[[image:1633327282743-140.png]]
85	85
86	86
87	87	Using the (% style="color:#2980b9" %)**Import Unclaimed Benefit Template**(%%), create a file for import. This template will process the member’s exits in Bulk and write up the payment to be paid into the transferring Fund.
88	88
89	89
	91	+
90	90	(% style="text-align:center" %)
91		-[[image:1633327441733-379.png||data-xwiki-image-style-alignment="center"]]
	93	+[[image:1633327441733-379.png]]
92	92
93	93
94	94	Critical fields that must be considered are:
95	95
96		-(% style="color:#2980b9" %)**System Number  **(%%) This is the unique Everest generated number.
97	97
98		-(% style="color:#2980b9" %)**Exit Type**(%%)  The Exit type is depicted as a number that must be copied from the Key to ensure that the correct exit type is used.
	99	+(% style="color:#2980b9" %)**System Number**(%%) This is the unique Everest generated number.
99	99
100		-(% style="color:#2980b9" %)**ID Number**(%%)  Member’s Identity number.
	101	+(% style="color:#2980b9" %)**Exit Type**(%%)** **The Exit type is depicted as a number that must be copied from the Key to ensure that the correct exit type is used.
101	101
102		-(% style="color:#2980b9" %)**Tax Ref No**(%%)  Member’s tax reference number.
	103	+(% style="color:#2980b9" %)**ID Number **(%%)Member’s Identity number.
103	103
104		-(% style="color:#2980b9" %)**DOX  **(%%) Date of exit, this is the Section 14 date.
	105	+(% style="color:#2980b9" %)**Tax Ref No**(%%) Member’s tax reference number.
105	105
106		-(% style="color:#2980b9" %)**Gross Benefit  **(%%) This is the Rand Amount of the member’s benefit to be transferred, if its not 100% of the members benefit. Leave blank if  the full benefit is to be transferred
	107	+(% style="color:#2980b9" %)**DOX **(%%)Date of exit, this is the Section 14 date.
107	107
108		-(% style="color:#2980b9" %)**Tax Upload Group**(%%)  Set a tax group name, for example 22042020 (date of tax application)
	109	+(% style="color:#2980b9" %)**Gross Benefit **(%%)This is the Rand Amount of the member’s benefit to be transferred, if its not 100% of the members benefit. Leave blank if the full benefit is to be transferred
109	109
110		-(% style="color:#2980b9" %)**Effective Date **(%%) This is the Section 14 Date.
	111	+(% style="color:#2980b9" %)**Tax Upload Group **(%%)Set a tax group name, for example 22042020 (date of tax application)
111	111
112		-(% style="color:#2980b9" %)**Transfer **(%%) Always set this to Y
	113	+(% style="color:#2980b9" %)**Effective Date**(%%) This is the Section 14 Date.
113	113
114		-(% style="color:#2980b9" %)**Transfer Fund Type**(%%)  This is the transfer fund type of the receiving Fund. This needs to match the System Bank Accounts screen exactly.
	115	+(% style="color:#2980b9" %)**Transfer**(%%) Always set this to Y
115	115
116		-(% style="color:#2980b9" %)**Transfer Fund Name**(%%)  This is the name of the receiving Fund. This needs to match the System Bank Accounts screen exactly.
	117	+(% style="color:#2980b9" %)**Transfer Fund Type**(%%) This is the transfer fund type of the receiving Fund. This needs to match the System Bank Accounts screen exactly.
117	117
118		-(% style="color:#2980b9" %)**FSB Transfer Fund No **(%%) This is the FSB number of the receiving fund and must match the System bank account screen exactly.
	119	+(% style="color:#2980b9" %)**Transfer Fund Name**(%%) This is the name of the receiving Fund. This needs to match the System Bank Accounts screen exactly.
119	119
120		-(% style="color:#2980b9" %)**Transfer Participating Employer  **(%%) This is only required if the last 6 digits of the FSB Transfer number(% style="color:#2980b9" %)** **(%%)does not end in zeros (0)
	121	+(% style="color:#2980b9" %)**FSB Transfer Fund No **(%%)This is the FSB number of the receiving fund and must match the System bank account screen exactly.
121	121
	123	+(% style="color:#2980b9" %)**Transfer Participating**(%%) This is only required if the last 6 digits of the FSB
122	122
	125	+(% style="color:#2980b9" %)**Employer**(%%) Transfer number does not end in zeros (0)
	126	+
	127	+
123	123	Once the file has been updated, save the file for import into the system.
124	124
125	125	Select and generate the (% style="color:#2980b9" %)“**Import Unclaimed Benefits**”(%%) batch.
...	...	@@ -126,16 +126,16 @@
126	126
127	127
128	128	(% style="text-align:center" %)
129		-[[image:1633327705654-665.png||data-xwiki-image-style-alignment="center"]]
	134	+[[image:1633327705654-665.png]]
130	130
131	131
132		-(% style="color:#2980b9" %)**Client  **(%%) This is the Client for which the Section 14 is being processed.
	137	+(% style="color:#2980b9" %)**Client **(%%)This is the Client for which the Section 14 is being processed.
133	133
134		-(% style="color:#2980b9" %)**File Name**(%%)  Click on the (% style="color:#2980b9" %)“**Browse**” (%%)button and locate the saved file.
	139	+(% style="color:#2980b9" %)**File Name**(%%) Click on the (% style="color:#2980b9" %)“**Browse**”(%%) button and locate the saved file.
135	135
136		-(% style="color:#2980b9" %)**Batch Reference**(%%)  This is defaulted by the system.
	141	+(% style="color:#2980b9" %)**Batch Reference**(%%) This is defaulted by the system.
137	137
138		-(% style="color:#2980b9" %)**Client Parent **(%%) This is the Parent that the client belongs to.
	143	+(% style="color:#2980b9" %)**Client Parent **(%%)This is the Parent that the client belongs to.
139	139
140	140
141	141	Click on the (% style="color:#2980b9" %)“**Save**”(%%) and (% style="color:#2980b9" %)“**Execute**” (%%)button.
...	...	@@ -146,37 +146,41 @@
146	146	The second report will confirm if the import was successful or not. If the import was not successful, the errors will need to be rectified before the import is run again. The(% style="color:#e74c3c" %) batch ref number(%%) of the successful import, as highlighted below, (% style="color:#2980b9" %)**must**(%%)** **be kept as it will be used later in the process.
147	147
148	148
	154	+
149	149	(% style="text-align:center" %)
150		-[[image:1633327962522-699.png||data-xwiki-image-style-alignment="center"]]
	156	+[[image:1633327962522-699.png]]
151	151
152	152
	159	+
153	153	The tax information will be populated with the transfer details contained in the file and under System Bank Accounts. The tax application will need to be submitted to SARS and a response is required before processing with payment.
154	154
155	155	The member records now appear in (% style="color:#e74c3c" %)RED(%%) with an exit date and an exit type.
156	156
	164	+
157	157	(% style="text-align:center" %)
158		-[[image:1633328086509-533.png||data-xwiki-image-style-alignment="center"]]
	166	+[[image:1633328086509-533.png]]
159	159
160		-Once the tax response is received, the (% style="color:#2980b9" %)**“Import Unclaimed Benefits – Creditor Payment” **(%%)batch needs to be run.
161	161
	169	+Once the tax response is received, the “Import Unclaimed Benefits – Creditor Payment” batch needs to be run.
162	162
163		-Insert the (% style="color:#e74c3c" %)Batch Number(%%) from your first import, that was done previously, into this Batch Ref field.
	171	+Insert the (% style="color:#e74c3c" %)Batch Ref Number (%%)from your first import, that was done previously, into this Batch Ref field.
164	164
165	165	The Administrator Bank field is the name of the creditor being paid that has been set up under System Bank Accounts (Transfer Funds).
166	166
	175	+A report will generate confirming which benefits have been populated for payment. Only benefits where tax has been received back will be populated. The report will clearly highlight which members are ready for payment and which are not.
167	167
168		-A report will generate confirming which benefits have been populated for payment.  Only benefits where tax has been received back will be populated.  The report will clearly highlight which members are ready for payment and which are not.
169	169
170		-
171	171	(% style="text-align:center" %)
172		-[[image:1633328312880-362.png||data-xwiki-image-style-alignment="center"]]
	179	+[[image:1633328312880-362.png]]
173	173
174	174
175	175	Click on the (% style="color:#2980b9" %)__**cflo**__(%%) button on the member record. A line would have been created for payment.
176	176
177	177
	185	+​​​​​​​
	186	+
178	178	(% style="text-align:center" %)
179		-[[image:1633328484167-380.png||data-xwiki-image-style-alignment="center"]]
	188	+[[image:1633328484167-380.png]]
180	180
181	181
182	182	The payment can now be made in Bulk at the Parent Level.
...	...	@@ -186,12 +186,13 @@
186	186	Select (% style="color:#2980b9" %)“**Creditors**”(%%). A creditor payment reflects in the Creditor Payment.
187	187
188	188
	198	+
189	189	(% style="text-align:center" %)
190		-[[image:1633328582529-671.png||data-xwiki-image-style-alignment="center" height="189" width="466"]]
	200	+[[image:1633328582529-671.png||height="189" width="466"]]
191	191
192	192
193	193	(% style="text-align:center" %)
194		-[[image:1633328678458-232.png||data-xwiki-image-style-alignment="center"]]
	204	+[[image:1633328678458-232.png]]
195	195
196	196
197	197	Select (% style="color:#2980b9" %)**__eft__ **(%%)hyperlink and a batch editor screen will open to generate the Payment.
...	...	@@ -199,25 +199,25 @@
199	199	​​​​
200	200
201	201	(% style="text-align:center" %)
202		-[[image:1633328773306-793.png||data-xwiki-image-style-alignment="center"]]
	212	+[[image:1633328773306-793.png]]
203	203
204	204
205	205	The payment can be approved on the Payment Management screen as a bulk payment. The process has been completed and the necessary payment records have been created.
206	206
207	207
208		-(% style="break-before: page" %)
209		-== (% style="color:#2980b9" %)**Bulk Section 14 where the member is invested in a Unitised Fund**(%%) ==
	218	+=== (% style="color:#2980b9" %)**Bulk Section 14 where the member is invested in a Unitised Fund**(%%) ===
210	210
211	211	1. Generate a few Member Statements and ensure that all transactions have been completed and priced. Also ensure there are no Outstanding Contributions.
212		-1. Ensure that the banking details of the receiving Fund has been loaded in the (% style="color:#2980b9" %)Administration > Financial Settings > System Bank Accounts > Transfer Funds (Bank Account Type)(%%) screen. Should the user not have access to this screen ensure that some who does have access loads the banking details.
	221	+1. Ensure that the banking details of the receiving Fund has been loaded in the Administration > Financial Settings > System Bank Accounts > Transfer Funds (Bank Account Type) screen. Should the user not have access to this screen ensure that some who does have access loads the banking details.
213	213
214	214	Ensure that the client has been selected.
215	215
216	216	Go to the (% style="color:#2980b9" %)Accounts > Investment Switch Menu(%%) option and create the switch, moving 100% of the member’s Fund Credit into the bank account.
217	217
	227	+​​​​​​​
218	218
219	219	(% style="text-align:center" %)
220		-[[image:1633328856464-285.png||data-xwiki-image-style-alignment="center"]]
	230	+[[image:1633328856464-285.png]]
221	221
222	222
223	223	The system has the option to import the member switch as well. Should only a select number of members be transferring out, the preferred option would be to complete the (% style="color:#2980b9" %)**“Investment Switches Import”** (%%)template and import the members for switching.
...	...	@@ -224,7 +224,7 @@
224	224
225	225
226	226	(% style="text-align:center" %)
227		-[[image:1633328913530-279.png||data-xwiki-image-style-alignment="center"]]
	237	+[[image:1633328913530-279.png]]
228	228
229	229
230	230	Please refer to the (% style="color:#2980b9" %)**Investment Switches**(%%) guide for the full process to be followed.
...	...	@@ -232,14 +232,15 @@
232	232
233	233	Once the switch has been generated (as per the Investment Switches guide), go to (% style="color:#2980b9" %)Accounts > Cashflow Unit Prices (%%)screen at a Parent level to obtain the number of units that must be disinvested from the market.
234	234
	245	+ ​​​​​​​
235	235
236	236	(% style="text-align:center" %)
237		-[[image:1633328986406-762.png||data-xwiki-image-style-alignment="center"]]
	248	+[[image:1633328986406-762.png]]
238	238
	250	+
239	239	Only once the disinvestment process has been finalised in full can the user continue with the process.
240	240
241	241
242		-(% style="break-before: page" %)
243	243	Select and generate the(% style="color:#2980b9" %) “**Client Member Investment Product**”(%%) batch, once the disinvestment has been actioned and priced.
244	244
245	245	(% style="color:#2980b9" %)**Effective Date:**(%%) Today’s date.
...	...	@@ -248,16 +248,18 @@
248	248
249	249
250	250	(% style="text-align:center" %)
251		-[[image:1633330252894-988.png||data-xwiki-image-style-alignment="center"]]
	262	+[[image:1633330252894-988.png]]
252	252
253	253
254	254	A report will generate reflecting the member’s current Fund Credit.
255	255
	267	+​​​​​​​
256	256
257	257	(% style="text-align:center" %)
258		-[[image:1633330357571-100.png||data-xwiki-image-style-alignment="center"]]
	270	+[[image:1633330357571-100.png]]
259	259
260	260
	273	+
261	261	Using the (% style="color:#2980b9" %)**Import Unclaimed Benefit Template, **(%%)create a file for import.
262	262
263	263	This template will process the member’s exits in Bulk and write up the payment to be paid into the transferring Fund.
...	...	@@ -265,56 +265,59 @@
265	265	​​​​​​
266	266
267	267	(% style="text-align:center" %)
268		-[[image:1633327441733-379.png||data-xwiki-image-style-alignment="center"]]
	281	+[[image:1633327441733-379.png]]
269	269
270		-(% style="break-before: page" %)
	283	+
271	271	Critical fields that must be considered are:
272	272
273	273
274		-(% style="color:#2980b9" %)**System Number  **(%%) This is the unique Everest generated number.
	287	+(% style="color:#2980b9" %)**System Number**(%%) This is the unique Everest generated number.
275	275
276		-(% style="color:#2980b9" %)**Exit Type **(%%) The Exit type is depicted as a number that must be copied from the Key to ensure that the correct exit type is used.
	289	+(% style="color:#2980b9" %)**Exit Type**(%%) The Exit type is depicted as a number that must be copied from the Key to ensure that the correct exit type is used.
277	277
278		-(% style="color:#2980b9" %)**ID Number  **(%%) Members Identity number.
	291	+(% style="color:#2980b9" %)**ID Number**(%%) Members Identity number.
279	279
280		-(% style="color:#2980b9" %)**Tax Ref No  **(%%) Members tax reference number.
	293	+(% style="color:#2980b9" %)**Tax Ref No**(%%) Members tax reference number.
281	281
282		-(% style="color:#2980b9" %)**DOX **(%%) Date of exit, this is the Section 14 date.
	295	+(% style="color:#2980b9" %)**DOX **(%%)Date of exit, this is the Section 14 date.
283	283
284		-(% style="color:#2980b9" %)**Gross Benefit **(%%) This is the Rand Amount of the member’s benefit to be transferred, if its not 100% of the members benefit. Leave blank if  the full benefit is to be transferred
	297	+(% style="color:#2980b9" %)**Gross Benefit**(%%) This is the Rand Amount of the member’s benefit to be transferred, if its not 100% of the members benefit. Leave blank if the full benefit is to be transferred
285	285
286		-(% style="color:#2980b9" %)**Tax Upload Group **(%%) Set a tax group name, for example 22042020 (date of tax application)
	299	+(% style="color:#2980b9" %)**Tax Upload Group**(%%) Set a tax group name, for example 22042020 (date of tax application)
287	287
288		-(% style="color:#2980b9" %)**Effective Date   **(%%) This is the Section 14 Date.
	301	+(% style="color:#2980b9" %)**Effective Date **(%%)This is the Section 14 Date.
289	289
290		-(% style="color:#2980b9" %)**Transfer        **(%%) Always set this to Y
	303	+(% style="color:#2980b9" %)**Transfer **(%%)Always set this to Y
291	291
292		-(% style="color:#2980b9" %)**Transfer Fund Type **(%%) This is the transfer fund type of the receiving Fund. This needs to match the System Bank Accounts screen exactly.
	305	+(% style="color:#2980b9" %)**Transfer Fund Type **(%%)This is the transfer fund type of the receiving Fund. This needs to match the System Bank Accounts screen exactly.
293	293
294		-(% style="color:#2980b9" %)**Transfer Fund Name**(%%)  This is the name of the receiving Fund. This needs to match the System Bank Accounts screen exactly.
	307	+(% style="color:#2980b9" %)**Transfer Fund Name**(%%) This is the name of the receiving Fund. This needs to match the System Bank Accounts screen exactly.
295	295
296		-(% style="color:#2980b9" %)**FSB Transfer Fund No**(%%)  This is the FSB number of the receiving fund and must match the System bank account screen exactly.
	309	+(% style="color:#2980b9" %)**FSB Transfer Fund No**(%%) This is the FSB number of the receiving fund and must match the System bank account screen exactly.
297	297
298		-(% style="color:#2980b9" %)**Transfer Participating Employer  **(%%) This is only required if the last 6 digits of the FSB Transfer number(% style="color:#2980b9" %)** **(%%)does not end in zeros (0)
	311	+(% style="color:#2980b9" %)**Transfer Participating**(%%) This is only required if the last 6 digits of the FSB Transfer number
299	299
	313	+(% style="color:#2980b9" %)**Employer**(%%) does not end in zeros (0)
300	300
	315	+
301	301	Once the file has been updated, save the file for import into the system.
302	302
303		-(% style="break-before: page" %)
304	304	Select and generate the (% style="color:#2980b9" %)“**Import Unclaimed Benefits**”(%%) batch.
305	305
306	306
	321	+ ​​​​​​​
	322	+
307	307	(% style="text-align:center" %)
308		-[[image:1633327705654-665.png||data-xwiki-image-style-alignment="center"]]
	324	+[[image:1633327705654-665.png]]
309	309
310	310
311		-(% style="color:#2980b9" %)**Client  **(%%) This is the Client for which the Section 14 is being processed.
	327	+(% style="color:#2980b9" %)**Client **(%%)This is the Client for which the Section 14 is being processed.
312	312
313		-(% style="color:#2980b9" %)**File Name**(%%)  Click on the (% style="color:#2980b9" %)“**Browse**” (%%)button and locate the saved file.
	329	+(% style="color:#2980b9" %)**File Name**(%%) Click on the (% style="color:#2980b9" %)“**Browse**”(%%) button and locate the saved file.
314	314
315		-(% style="color:#2980b9" %)**Batch Reference**(%%)  This is defaulted by the system.
	331	+(% style="color:#2980b9" %)**Batch Reference**(%%) This is defaulted by the system.
316	316
317		-(% style="color:#2980b9" %)**Client Parent **(%%) This is the Parent that the client belongs to.
	333	+(% style="color:#2980b9" %)**Client Parent **(%%)This is the Parent that the client belongs to.
318	318
319	319
320	320	Click on the (% style="color:#2980b9" %)“**Save**”(%%) and (% style="color:#2980b9" %)“**Execute**”(%%) button.
...	...	@@ -325,10 +325,14 @@
325	325	The second report will confirm if the import was successful or not. If the import was not successful, the errors will need to be rectified before the import is run again. The (% style="color:#e74c3c" %)Batch Ref number(%%) of the successful import, as highlighted below, (% style="color:#2980b9" %)**must**(%%) be kept as it will be used later in the process.
326	326
327	327
	344	+
	345	+​​​​​​​
	346	+
328	328	(% style="text-align:center" %)
329		-[[image:1633327962522-699.png||data-xwiki-image-style-alignment="center"]]
	348	+[[image:1633327962522-699.png]]
330	330
331	331
	351	+
332	332	The tax information will be populated along with the transfer details contained in the file and under System Bank Accounts. The tax application will need to be submitted to SARS and a response is required before processing with payment.
333	333
334	334	The member records now appear in(% style="color:#e74c3c" %) RED(%%) with an exit date and an exit type.
...	...	@@ -335,25 +335,24 @@
335	335
336	336
337	337	(% style="text-align:center" %)
338		-[[image:1633328086509-533.png||data-xwiki-image-style-alignment="center"]]
	358	+[[image:1633328086509-533.png]]
339	339
340	340
341	341	Once the tax response is received, the (% style="color:#2980b9" %)“**Import Unclaimed Benefits – Creditor Payment**”(%%) batch needs to be run.
342	342
	363	+Insert the (% style="color:#e74c3c" %)Batch Ref Number(%%) from your import, that was done previously, into this Batch Ref field.
343	343
344		-Insert the Batch Number from your import, that was done previously, into this Batch Ref field.
345		-
346	346	The Administrator Bank field is the name of the creditor being paid that has been set up under System Bank Accounts (Transfer Funds).
347	347
	367	+A report will generate confirming which benefits have been populated for payment. Only benefits where tax has been received back will be populated. The report will clearly highlight which members are ready for payment and which are not.
348	348
349		-A report will generate confirming which benefits have been populated for payment.  Only benefits where tax has been received back will be populated.  The report will clearly highlight which members are ready for payment and which are not.
	369	+Click on the(% style="color:#2980b9" %)** __cflo__ **(%%)button on the member record. A line would have been created for payment.
350	350
351	351
352		-Click on the (% style="color:#2980b9" %)cflo (%%)button on the member record. A line would have been created for payment.
	372	+​​​​​​​
353	353
354		-
355	355	(% style="text-align:center" %)
356		-[[image:1633328484167-380.png||data-xwiki-image-style-alignment="center"]]
	375	+[[image:1633328484167-380.png]]
357	357
358	358
359	359	The payment can now be made in Bulk at the Parent Level.
...	...	@@ -364,11 +364,13 @@
364	364
365	365
366	366	(% style="text-align:center" %)
367		-[[image:1633328582529-671.png||data-xwiki-image-style-alignment="center" height="189" width="466"]]
	386	+[[image:1633328582529-671.png||height="189" width="466"]]
368	368
369	369
	389	+
	390	+
370	370	(% style="text-align:center" %)
371		-[[image:1633328678458-232.png||data-xwiki-image-style-alignment="center"]]
	392	+[[image:1633328678458-232.png]]
372	372
373	373
374	374	Select (% style="color:#2980b9" %)**__eft__ **(%%)hyperlink and a batch editor screen will open to generate the Payment.
...	...	@@ -375,7 +375,7 @@
375	375
376	376
377	377	(% style="text-align:center" %)
378		-[[image:1633328773306-793.png||data-xwiki-image-style-alignment="center"]]
	399	+[[image:1633328773306-793.png]]
379	379
380	380
381	381	The payment can be approved on the Payment Management screen as a bulk payment. The process has been completed and the necessary payment records have been created.
...	...	@@ -384,7 +384,7 @@
384	384
385	385
386	386	(% style="break-before: page; text-align: center;" %)
387		-= (% style="color:#2980b9" %)**Disclaimer and Copyright**(%%) =
	408	+== (% style="color:#2980b9" %)**Disclaimer and Copyright**(%%) ==
388	388
389	389
390	390
...	...	@@ -405,7 +405,6 @@
405	405
406	406	This documentation and the software described in it is the exclusive property of EBSphere (Pty) Ltd. This manual or the software may not be copied in whole or part, without the express written consent of EBSphere (Pty) Ltd. Under the law, copying includes translating into another language or format.
407	407
408		-
409	409	EBSphere (Pty) Limited
410	410
411	411	P.O. Box 785803
...	...	@@ -417,4 +417,4 @@
417	417
418	418
419	419	(% style="text-align:center" %)
420		-[[image:Section 14 Transfer Process_html_8cba33b1e8c9fa24.gif||data-xwiki-image-style-alignment="center" height="128" width="463"]]
	440	+[[image:Section 14 Transfer Process_html_8cba33b1e8c9fa24.gif||height="128" width="463"]]