ASSESSMENTS SYSTEM SPECIFICATIONS

The Assessments Billing and Collections System has the following capabilities:

Customer Master Record with the following information: Account Number and Name, Account Address,  Spouse's Name, Social Security Number, Township Code and District Code.

Assessment Master Record with the following information:  Account Number and Name, Parcel ID #,  Assessment Type Code, Total Amount of Assessment, Minimum Payment Due, Amount Paid-to-Date, G/L Account #, Assessment Date, Description of Assessment, 'Statement Month, Interest Accrued, Due Date, Last Payment Date, Total Footage, Exempt Footage, Number Years Assessed and Interest Rate.

The system has the ability to have a separate interest rate for each assessment.

The system has the ability to bill assessments based on the" month" of the  year.

The system has the ability to inquire into an assessment by name, by account number and by tax parcel number.

Inquiry will display the following information: Parcel ID #, Assessment Type Code, Invoice #,  Assessment Date, Total Assessment, Payments To-Date, Interest Accrued, Interest Paid, Balance Due and Current Balance Due.

The system has the ability for the user's personnel to maintain a control file  with the following information: Municipality's Name, G/L Interface Flag, Cash or Accrual Flag, Next Invoice #, Last Date Interest was Accrued, Assessment Type Codes and General Ledger Distribution Account Codes.

The system has the ability to post payments, debit memos/credit memos or adjustments to an account.

The system has the ability to print Daily Receipt Register.

The system prints Daily General Ledger Distribution Report.

The system has the ability to calculate interest and print Assessment Statements based on a "Month Cycle Code".

The system prints Aging Report for open Accounts.

The system has the ability to purge at year end the Accounts with Zero Balance.

The system prints Account Mailing Labels.

The system prints Account Amortization Schedules.