Menu / ABL / Analyst Workflow / BBC's to be Approved
BBC's to be Approved
The BBC's to be Approved page shows all the BBC's that are in progress and that have not yet been approved. You may approve a particular BBC or Approve all BBC or purge it from the system. Note, If you purge the BBC, all data associated with it will be removed and the only way to get it back is to upload the files again or re-enter the data manually.
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Navigation: ABL → Analyst Workflow → BBC's to be Approved
Refer to the Screenshot:
When you ready to approve the BBC, check the box next to one you wish to approve then click on 
button. Click 
button to approve all BBCs in the list. The option appears based on the level of permissions granted to the client Roles and Permissions page.
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You can purge the BBC by clicking the When there are payments for unapproved BBC invoices, the system notifies a warning message to undo the batch. Click on the respective batch number to undo the batch, the system navigates to the Cash Receipt History page. |
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After the batch is undone, you can purge the BBC. The purged BBC details, payment details and invoice details are removed from the system.
If you had set the funding style to be Auto Sweeping then no further actions are needed (Menu → Client Maintenance → Client Parameters → Funding Style). CYNC assumes you will automatically issue the funds from your banking system. However, you will need to create a manual entry into Loan Maintenance so that CYNC can account for the disbursement and adjust the loan balance accordingly. For more information on how to do this, see instructions under Loan Maintenance → Loan Activity → Process OneTime & Manual Charges. If you had set the funding style to be anything other than Auto Sweeping then you will need to continue the process as documented here.
option.
The validations are applicable only for Maintain Current AR Yes clients. For Summary and Detail (Maintain Current AR-No) clients, you can purge the BBC without validations.