The Delete < $50.00 Debts - is a clean-up tools to remove debts that are less than $50.00. This function removes debts that are no longer desired in the software. There are two options: delete all debts that are less than $50.00 or delete only those debts that are $50.00 but not setoff.
Frequency: This process can be executed as often as desired but is normally a year-end process in late December before the new tax year.
- only the Administrator can access the Tools function.
- removing debts that are < $50.00 keep the debt setoff system leaner by not having to view debts that will not be setoff again or for even the first time. Many of the reports will print these < $50.00 debts if they reside in the software.
- December is the ideal time to perform this function. It will reduce the chance of getting telephone calls from debtors the following tax season.
- this powerful option permanently removes these debts, they cannot be restored without restoring all debtors and debts.
1. From the Main Menu click Tools:
2. The Tools menu options:
3. Move the mouse over Database Utilitiesand click this option:
4. Move the mouse over Delete < $50.00 Debts and click this option:
5. There are two options:
A. Delete All <$50.00:
B. Delete All < $50.00 Not Setoff:-