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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**(%%) ===
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50	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.
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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**(%%) ===
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55	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.
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175	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.
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177		-​​​​​​​
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179	179	(% style="text-align:center" %)
180	180	[[image:1633328312880-362.png]]
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183	183	Click on the (% style="color:#2980b9" %)__**cflo**__(%%) button on the member record. A line would have been created for payment.
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186		-​​​​​​​​​​​​​​
	185	+​​​​​​​
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188	188	(% style="text-align:center" %)
189	189	[[image:1633328484167-380.png]]
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200	200	(% style="text-align:center" %)
201		-[[image:1633328582529-671.png]]
	200	+[[image:1633328582529-671.png||height="189" width="466"]]
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204	204	(% style="text-align:center" %)
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386	386	(% style="text-align:center" %)
387		-[[image:1633328582529-671.png]]
	386	+[[image:1633328582529-671.png||height="189" width="466"]]
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