Refunding credits
If an account has unapplied credits, you can send a refund to the customer. When you refund credits, Infor Public Sector first reconciles the account in the background, applying the existing credits to any outstanding debits. Only the credits that remain after the account is reconciled are available for refund. These credits are displayed in a tree structure. You can browse through the tree and select the credits that you want to refund.
Infor Public Sector creates a refund transaction for the amount of the credit being refunded, which will also be displayed as a line item on the customer's next bill. Depending on the refund amount and your agency's approval levels, the refund may also require approval. To approve or reject refunds, users with the necessary approval levels can use the Pending Refunds to Review item in My Infor. After the refund is approved, it can be sent to an accounts payable application to handle the actual payment.
Unapplied credits can also be reallocated, manually applied to unpaid charges, transferred to another account, or used to reconcile the account.
See Applying credits, Reallocating credits, Transferring credits and Reconciling an account.