Overview Installment Schedules

Navigate:ClosedTax > Levy Management > Setup > Installment Schedules

ClosedNavigation Flowchart Roll-Based Assessment

Here is a flowchart of Tax Levy Management > Setup > Installment Schedules. Obvious actions, such as Save and Close, are not included in the flow. Common Actions are included only if applicable to completing the task.

ClosedNavigation Flowchart Event-Based Assessment

Here is a flowchart of Tax Levy Management > Setup > Installment Schedules. Obvious actions, such as Save and Close, are not included in the flow. Common Actions are included only if applicable to completing the task.

Description

Installment schedules are assigned during tax roll processing based on revenue object criteria specified for different schedules. For example, you can create different numbers of installments for different roll types.

One default schedule is provided with Aumentum, and you can set up as many additional schedules as you need. During tax roll processing, the system considers each override installment schedule in a specified order, and when a revenue object matches the criteria of one or more schedules, it is assigned the first schedule encountered. Whenever a revenue object does not match the criteria for any of the override schedules, the default schedule is used.

The installment schedules refer to the Functional Calendar to find calculation formulas for the event dates (such as due dates, delinquent dates, etc.), which are determined and stored in the database during tax roll processing.

ClosedJurisdiction Specific Information

California

  • Corrected, Supplemental, and Escape Dates. To accommodate the installment schedule setup and the functional calendar setup for prior year corrections, escapes and supplemental due dates, go to Configuration > Criteria Groups > Set Up Criteria Groups. Create a group to include the Corrections Tax Change Reason Code. Then, go to Tax > Levy Management > Setup > Installment Schedules > Add or Edit Installment Schedules and set up a new Installment Schedule using your Criteria Group.
Steps

  1. Select the default schedule or an override schedule to edit, or create a new override schedule on Add or Edit Installment Schedules.

    • NOTE: The default schedule does not automatically come with a calendar assigned. You must assign one here.

  2. Enter the installment schedule information, including number of installments, selection criteria, and calendar information on Set Up Installment Schedule.

Related Topics

Process Tax Roll

Functional Calendar

Prerequisites

Levy Management

  • Value Criteria - Value criteria groups must be set up before setting up override installment schedules.

Configuration Menu

  • Application Setting - Set the Maximum Installment to the maximum number of installments a schedule can have.

  • Functional Calendars - Calendar must be set up before setting up installment schedules.

  • Criteria Groups - Groups must be set up before setting up override installment schedules.

Other Sources

  • The default Installment Schedule needs to be bootstrapped into the database for the initial installation only.

Dependencies

Installment schedules must be set up before the Installment Schedule Assignment step of Tax Roll Processing.