Maintaining applications

Use this procedure to maintain application and application adjustments before and after application close.

  1. Select Applications > Review Applications.
  2. Perform these steps if the application and dependent application adjustment were processed through Application Close with Application Posted status:
    1. Select the Payment Reversal or Invoice Reversal option to create a reversal header and detail set.
    2. After releasing or processing through Application Reversal Creation, run Application Close.
  3. Perform these steps if the application and dependent application adjustment has not been processed through Application Close with Available for Posting status:
    1. Select options within the Applications or Adjustments panels.
    You can change the applied amount and global ledger date, you can add and update application adjustments, you can approve application adjustment exceptions, and you can delete applications if needed.