<< Click to Display Table of Contents >> Navigation:  Regulation E Back Office > Regulation E > Reg E Setup > Events > Fee Refund

The purpose of the Fee Refund event is to credit the customer any fees he/she might have been charged due to the disputed transactions not including NSF or Interest as they have their own separate event. The configuration provides for a manual transaction event that provides the user with the ability to enter the amount to be refunded.  Altering the description allows the Fee Refund event to describe the type of refund given.

 

If different types of fees are to be refunded from different GL accounts, multiple transactions and appropriate events will need to be defined.

 

 

See Sample Events / Fee Refund for an example of the use of the event.