Running the Refund Contributions Process
This topic provides an overview of the steps for refunding contributions and discusses how to view results of a refund and reverse a refund.
|
Page Name |
Definition Name |
Usage |
|---|---|---|
|
Process Refunds Page |
ST_RUNCTL_RFND |
Run a process to refund selected contributions. You must first specify the contributions to refund on the Refunds page. |
|
ST_REFUND_ESPP |
View the results of the Refund process. |
|
|
ST_RUNCTL_REVREF |
Reverse a participant's previously processed refund. |
|
|
Refunds to Payroll Page |
ST_RUNCTL_STESRC1 |
Define run parameters for the Refunds to Payroll report (STES018). This report lists refunds that must be processed manually by your payroll administrator. |
|
Refunds to Payroll Reversals Page |
ST_RUNCTL_STESRC1 |
Define run parameters for the Refunds to Payroll Reversals report (STES007). This report lists refunds that you must reverse and must process manually. |
The Refund Contributions Application Engine process (ESPP_REFUND) refunds all the selected contributions, updates the refunded contributions status, and writes summary and detail records to the Stock Purchase Refunds Tables (ST_REFUND_ESPP and ST_REFUND_DTL). These tables provide a refund history in case you must reverse the refunds.
To refund contributions:
Refresh the contributions available for refund using the Select Refunds page.
Select the contributions to refund using the Select Refunds page.
Run the Refund Contributions process using the Process Refund page.
View refund results using the Review Refunds page.
If you must reverse the refund, run the Reverse Refund process using the Reverse Refunds page.
Occasionally, you must reverse a refund. For refunds processed through PeopleSoft Payroll for North America, the system stores transactions in a temporary payroll transaction file (PSHUP_TXN). When you reverse active refund transactions that haven't been processed by Payroll for North America, the system deletes them from the transaction file and populates the reversal date with the current run date.
Use the Reverse Refunds page to reverse an unprocessed refund. When you click the Reverse Refund button, the system removes the temporary payroll transaction from Payroll for North America with an AE process (ESPP_REF_REV).
Use the Review Refunds page (ST_REFUND_ESPP) to view the results of the Refund process.
Navigation:
This example illustrates the Review Refunds page.
Field or Control |
Description |
|---|---|
Refund Status |
Displays Reversed or Refunded. |
Residual Amount |
Displays the amount remaining after a previous purchase. |
Sent to Payroll |
Displays the date on which the refund was sent to payroll. |
Use the Reverse Refunds page (ST_RUNCTL_REVREF) to reverse a participant's previously processed refund.
Navigation:
Field or Control |
Description |
|---|---|
Status |
Displays Reversed or Refunded. |
Residual Amount |
Displays the amount remaining after a previous purchase. |
Sent to Payroll |
Displays the date the reversal was sent to payroll. |
Reverse Refund |
Click to run the Reverse Refund process. |