Recon Summary (Annuity)

Applies for Type of Run:

-  ANNUITIES

-  BENEFICIARY FND

-  INVESTMENT FUND

-  LIVING ANNUITIES

-  INVESTMENT FUND

-  TRUST

Note:

This Schedule Reconciliation Report is also available as a report for payment run reconciliation purposes in the Processes > Regular Payments > Reports > Summarised Recon Report. 

The Summarised Recon Report shows all of the changes for all the schemes for all the payment days under a holding fund for a specific month. 

Refer to the RECONRP XL Spreadsheet that is extracted in the Summarised Recon Report.

From the Annuities menu, click  alongside Reconciliation Report on the sub-menu on the left. 

Additional options will be displayed.

Select Recon Summary below Reconciliation Report on the menu.

The following screen is displayed.

The following columns are displayed:

-          Scheme Code

-          Date Captured

-          Report Type

-          Sequence Number

-          Scheme Code

-          Scheme Name

-          Action

Scheme Code

If a Scheme Code is captured and SEARCH is selected, the system will display the applicable report for only the Scheme selected in the list for the run.

If the Scheme Code is deleted and SEARCH is selected, the system will display the screen with all of the reports for the run.

Click display alongside the required report.  The Report Selection screen will be displayed.

Note:

Depending on the transactions falling into the reporting period, additional totals may be displayed on the reconciliation report.

The following columns are displayed:

-          Detail

-          Annuitants (number of annuitants)

-          Amount

The following items are displayed in the Detail column:

-          Annuities paid in the previous month

-          New Annuitants

-          Annuitants not paid

-          Annuitants newly suspended

-          Annuitants re-instated

-          Increases applied

-          Arrear payments for current month

-          Arrear payments for previous month

-          Total

-          Annuities paid in the current month

-          Total No. of Annuitant Payment Amount Increased

-          Annuitant NET Amount Increased

-          Annuitant NET Amount Decreased

-          Annuitant TAX Amount Increased

-          Annuitant Tax Amount Decreased

-          Annuitants Ended with End Dates Report

Click PRINT in order to print the report.