Paying a dividend greater than 100c in the dollar

This method uses the creditor import process to creates payments. Feature is enabled as part of v5.8.37.

1. Job setting
   
   There is a job setting that enables this feature. Until the release of v5.9.x, you will need to request this setting is turned on for your job.
   
   
2. Export creditor list
   
   Export the unsecured creditor listing.
   
   
3. Add payment columns to the spreadsheet
   
   You will need to Entering the payment detail columns will ensure you create a payment as part of the import:
   • Payment Amount
   • Payment Date
   • Cheque Number (this will be the payment reference)
     
     The added spreadsheet columns are below:
     
     
     You may enter any amount for the dividend without validation.
     
     
4. Re-import the data to create the payments

Note:

• If you put a Payment amount for a claim that has not yet been admitted then
• Once a dividend has been paid that exceeds 100c in the dollar, validation will prevent you from being able to updating a creditor's claim details. Although, you still may update the counterparty and banking details.