The Disbursement Reconciliation Activity Center includes four windows:
· Disbursement Reconciliation Report window is a tree-view style report that allows schools to compare all funds and students disbursed in J1 with those monies authorized for disbursement from PowerFAIDS.
· Disbursement Transaction History window allows schools to review and maintain disbursement data that was sent to student accounts. The disbursement data in this table forms the basis for the Direct Loan Monthly Reconciliation Report.
· Collect Direct Loan Reconciliation Data process extracts all eligible DL disbursement transaction data rows from the Disbursement Transaction History table based on the month end date selected and calculates the total transaction amount and original disbursement date from student accounts for each unique loan and disbursement number. It populates the Direct Loan Report table with the data collected in preparation of exporting it back to PowerFAIDS for reconciliation.
· Direct Loan Monthly Reconciliation Report Data window allows schools to review and maintain the monthly DL disbursement data collected in the Direct Loan Report table by Collect Direct Loan Reconciliation Data. It also allows schools to create the file to share the monthly reconciliation data with PowerFAIDS.