Vesting Configuration

Navigate: ClosedTax > Tax Sale > Property Sale > Export/Import > Vesting Configuration

Description

Use this task to set up information for importing vesting type mappings when processing the Tax Sale Buyer Payment ImportAccounts Receivable Batch Process for processing, for example, internet sale winning bid data. The vesting information is viewed and maintained on the Maintain Property Sales screen.

The Tax Sale Buyer Payment Import process requires that you define the tender amount when processing this import for internet sale winning bid data. The tender amount must match the total in the data file. Information included in this import includes temporary buyer number, PIN, and sequence number. If a temporary buyer number does not exist, one is created; otherwise, the buyer number is simply updated. Once all processes finish without errors, the tax sale items configured in the import.txt file (Configuration > File Input/Output Configuration) are paid, and the buyers are either created or updated. You can verify this via Property Sale Maintenance. Any vesting information you define via the Property Sale > Export/Import > Vesting Configuration task is displayed on the Maintain Property Sales screen.

Steps

  1. On the Export/Import Setup screen, click Add New in the Import Vesting Type Mapping panel to add any new mappings.

  2. Click in the first field to free form edit the data as applicable.

  3. Click in the second field to select the applicable mapping.

    NOTE: Mappings selections available are systypes (Configuration > Systype Categories and Systypes).

  4. Click Save.

    • Click Close to end the task.

Prerequisites and Setup

  • A tax sale/property sale must exist.

  • The import.txt file must be configured for the Tax Sale Buyer Payment Import via Configuration > File Input/Output Configuration.