Write Off Student Charges
- Set up account posting rules for student charge writeoffs. See Reference: Account Posting Rules for Student Transactions.
- Set up writeoff reasons with a usage ofStudent Financials. See Steps: Write Off Receivables.
- Configure theStudent Charges Writeoff Eventbusiness process and security policy in the Student Financials functional area.
You can write off past due charges that you've deemed noncollectable to account for them properly. You might consider charges to be noncollectable when:
- You can't contact the student.
- The debt is extremely old.
- A collection agency fails to recover the payments.
- The collections are otherwise not worth pursuing.
- Access theFind Students with Past Due Chargesreport.
- Select from the related actions menu of a student.
- Select aWriteoff Reason.You can select from writeoff reasons that have a usage ofStudent Financials.
- Select the charges to write off.
Workday generates accounting for the writeoff and you can use the
Find Student Charges Writeoff
report to track the writeoff. When you write off all of the student's past due charges, they no longer display on the
Find Students with Past Due Charges
report.(Optional) If the student is in collections, remove them by changing the student's collection status to
Inactive
.