Raising debts of advance payments 107-04030000
Formula
To calculate a MOB advance debt amount:
Amount of advance divided by 13, then multiplying this figure by the number of paydays in the advance period.
Where the:
- amount of advance means the amount of MOB advance paid to the recipient
- number of paydays means the number of whole paydays in the period that:
- starts on the day that the customer ceased to be qualified for MOB, and
- ends at the end of the customer's advance payment period
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Processing Services details for: ABSTUDY and ABSTUDY PES