AGRIS Customer Documentation
What are the Basic Patronage Processing Steps?
Here is an overview of the basic steps to process Patronage:
- 1 Here is an overview of the basic steps to process Patronage:
- 2 Here are the more detailed Patronage Refund processing steps with the related navigation paths:
- 3 1. Accumulate Patronage Activity
- 4 2. Balance Patronage to Ledger
- 5 3. Compress Patronage Activity
- 6 4. Transfer patronage
- 7 5. Compress again, if needed
- 8 6. Setup Patronage refund and Integration
- 9 7. Issue patronage Refund
Here are the more detailed Patronage Refund processing steps with the related navigation paths:
1. Accumulate Patronage Activity | |
☐ | Verify that all names in name/address are flagged for “Accumulate Patronage” |
☐ | Verify that all commodity codes and product codes have been defined as patronage codes in PAT > Patronage Codes. |
☐ | Accumulate your activity by month. |
2. Balance Patronage to Ledger | |
☐ | Balance Activity to Ledger. |
☐ | Balance all activity so that you are paying out on the right amounts. |
3. Compress Patronage Activity | |
☐ | Verify that all your name/address misc. fields are updated for patronage payment. |
☐ | Compress the activity to combine the monthly accumulations into a single record for the year |
4. Transfer patronage | |
☐ | Transfer activity for patronage transfers to move activity between names, such as partnerships where each partner collects the patronage. |
5. Compress again, if needed | |
☐ | Compress activity again, if you need to update the NAM Misc. fields. |
6. Setup Patronage refund and Integration | |
☐ | Setup your Patronage Refund |
☐ | Verify your integration to AP. |
☐ | Verify that your patronage codes have the correct rates for payback. |
☐ | Run the Projected Refund Summary Report to Verify Dollars |
7. Issue patronage Refund | |
☐ | If everything is balanced and verified, then issue the dividends/equity for the accumulated patronage. |
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