Financial Terms One
Money is disbursed to the client from this book
What is the Distribution Side?
Pre-Defined Hierarchy
What are the Rules of Distribution?
CSUP; Arrearages with a frequency amount; All of the unadjudicated arrearage subaccounts; Adjudicated subaccounts using a predefined hierarchy
What is Court Order Side Hierarchy?
USPT
What is Unpaid support balance transfer?
The process of determining which case receives all or a portion of the payment.
What is Allocate?
The process of determining within the case, which account is paid first, second, etc.
What is Distribute?
This field, on 05.08, shows whether a check is still outstanding, reconciled, or canceled.
What is Reconciliation Status?
A method of collecting child support in which an employer or other payor deducts the amount owed from the wages of the NCP and forwards this money to CCO.
What is Income withholding?
State Foster Home Fund or Guilford DSS
What are agency accounts?
URPA is reduced by these two disbursement types
What are CSUP disbursed to the State and Arrears disbursed to the State?
Unreimbursed Public Assistance - The portion of TANF paid to the CP that has not been reimbursed through child support collections.
What is URPA?
Condition in which an NCP is behind in making payments.
What is delinquency?
If the case is coded AFDC and URPA is greater than -0-, the arrears are payable to __________.
What is the State?
Financial provisions of a court order. When an extension is created, ACTS also creates a corresponding subaccount to track the movement of funds through the system and to modify balances of the different obligations.
What is extension or subaccount?
Purge payments, lien executions, and performance bonds
What are payments that do not prorate?
Look here to see all of the NCP's IV-D cases and to get a big picture of all the support that the NCP owes today
What is 05.19?
$5.00 convenience fee
What is the fee charged when NCP makes a credit or debit card payment on ncchildsupport. com?
The total amount of an NCP's unadjudicated arrearages PLUS the amount past due on the Arrears Frequency that an NCP must pay to be in compliance with the court order.
What is compliance arrears?
Retroactive support owed to the State is based on....
What are NC Guidelines and the NCP's ability to pay?
Payments are receipted into ACTS through me.
What is System Account 10?
Agency, system, participant and case accounts
What are the four accounts ACTS uses to receipt, distribute, and disburse payments?
Account 60
What is other state payment?
URPA
What is unreimbursed public assistance?
Specifies where payments that do not prorate are allocated.
What is docket number?
Where can you find the URPA balance?
What is 05.08. CP's MPI#?