Interest Report Ind Change

The Interest Report Ind Change transaction is used to indicate if a 1098 form is produced for the account.  

Follow these steps to submit an Interest Report Ind Change transaction:

1. From the Accounting views, select the Interest Report Ind Change transaction from the Select a Non-Monetary Transaction drop down list.  The Interest Report Ind Change dialog is displayed.  The current Interest Report Indicator is displayed.

2. Select the appropriate Interest Report Indicator from the drop down list.

3. Select the Save push-button.  The transaction is submitted to Recovery Accounting.  If the transaction posts successfully the dialog is closed and the originating view is displayed.  If the transaction does not post successfully, the errors are displayed in the Messages dialog.

4. To cancel the transaction, select the Cancel push-button.  When the push-button is selected, the dialog is closed and the originating view is displayed.