Section 50 IAC 26-7-19 - Receipt, posting, and reconciliation of paymentAuthority: IC 6-1.1-31-1; IC 6-1.1-31.5-3.5
Affected: IC 6-1.1-22; IC 6-1.1-31.5
Sec. 19.
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-050100165FRAReadopted filed 10/4/2024, 4:04 p.m.: 20241030-IR-050230833RFA