Section 50IAC26-7-19. Receipt, posting, and reconciliation of payment  


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  •    Tax and billing software must be able to do the following:

    (1) Record the following:

    (A) The acceptance, posting, and reconciliation of property tax payments to the county treasurer according to the following:

    (i) The requirements set forth in IC 6-1.1-22.

    (ii) The manual for county auditors and manual for county treasurers.

    (B) Payment information from payments made at a third party location, for example, financial institution.

    (C) Type of payment received.

    (2) Accept payments by automatic clearing house.

    (3) Hold payment in suspense, pending application to a bill.

    (Department of Local Government Finance; 50 IAC 26-7-19; filed Jan 28, 2011, 3:07 p.m.: 20110223-IR-050100165FRA)