Simulating Payments

Payment simulation allow case workers to preview a payment due for a future date. Payment simulation allows a case worker to see all payments and deductions due to a participant for a specific date before the payment is issued. A simulation of the payment for that week or for the delivery period of the case is displayed along with nominee details for the cover period.

The reducing balance of the total benefit payment minus any deductions per case component is also displayed. Any tax adjustments defined for the product will be simulated and applied to the benefit payment before any deductions are processed. The case worker can also save and store payment simulations. This allows the case worker to compare the effects of each simulation, along with any tax that has been initially deducted from the benefit.

The system automatically stores a list of payment simulations. Case workers can view a summary of the payment simulations that have been saved from this list. A case worker can view further detail on each simulation and can also permanently remove all existing saved simulations.