Halt Retentions

Processing ‣ Halt Retentions

This screen allows you to set a stop date for transfers by calculating the number of transfers required to stop retentions.

Resident:From the drop down select the resident you need to change.
Bond Agreement:Shows the dates for bond agreements for this resident. There will usually only be one but you may need to select the appropriate agreement.
Current End Date:
 Given the bond agreement date and the number of transfers, this shows when transfers will currently end.
New End:Allows you to enter an end date for the transfers. It will default to the current date.
Current Transfer Period:
 This shows what is currently set as the number of months to transfer retentions. Usually it will be set for 5 years.
New Transfer Period:
 This shows how many transfer periods will apply, given the New End date that you have entered. This halts retentions after the number of months reaches this value.

The Save New Transfers Count button will save details entered back to the accommodation agreement so the update will halt retentions on the required date.