Balance Due from Customer - Procedure
Balance
Due from Customer - Procedure
The
Refund Calculator is used to provide an estimated refund amount when a contract
is cancelled, or to determine if the customer owes us money at the time of
cancellation.
|
- In the TIMX SCM navigation menu, click on Refund
Calculator.
- Follow
the Refund Calculator Procedure to determine if the customer will owe us
money at the time of cancellation.
Refund Calculator Procedure
|
- Click the Payment button on the Enrollment form
to open the Payment Entry box.
- Click
on the down arrow to the right of the Please Make a Selection box
and select Enter Payment Only and
then click OK.
|
3. To process the payment from the existing credit card on file,
click the Existing CC Info button.
- Payment
can also be entered manually to another credit card by selecting the type,
entering the card number, expiration date and amount in the appropriate
fields.
|
- Click on the down arrow to the right of any payment
indicator that may apply to the refund and select Yes.
- Sears Paid Call Fee for Early Cancellation should be used if
a paid call fee is due when a Sears Home Warranty contract is cancelled
within the first 12 months.
- Claim Adjustment on Cancellation should be used if
the customer is due a refund but owes us the lesser of claims paid or
remaining premium due.
|
5.
Verify that the Payment will be processed by date
is the same as the date appearing in the Refund Calculator and the date used
in the Cancellation Date field so that the calculations/amounts will match.
|
- Click the Save Payment button.
|
Related Articles
Cancellation due to Surcharge
If cancellation occurs directly due to the surcharge, follow normal cancellation process and use the below reasons for cancellation: Main Reason: Pricing Cancellation Reason: Surcharge Rebuttals Use the following rebuttals to attempt to save the ...
Deceased Customer: Cancellation/Name Change Process for ALL Contracts
If a customer has a contract/warranty in their name and we are notified they are deceased, we are NO LONGER required to receive a copy of the death certificate or formal written request to proceed with cancellation or name change. Prior to proceeding ...
Pending Cancellation/Dunning Status Procedure
Accounts often fall into pending cancellation or dunning status for 45 days when a payment(s) are unsuccessful after multiple attempts, or after a customer is no longer eligible for mortgage/utility billing. SCM will display a Red Flag at the top of ...
Contract Reinstatement Within 90 Days
Customers may contact Cinch to have their cancelled contracts reinstated (note that only the contract holder can request to have a contract reinstated). Customer Service can only reinstate contracts if they are within 90 days of cancellation and if ...
Add Additional Customer to a Contract
Click the Menu Options icon on the TIMX SCM toolbar and select the Customer Maintenance button. The Customer Maintenance screen will display. To add a second name to the contract, complete the second line available at the top of the screen, tabbing ...