Creating a Final Bill

1. On the toolbar, point to Loan Level and click Create Final Bill.

   The Create Final Bill search filter appears.

2. In the Servicer Loan No. field, type the loan number.
3. Click Submit.

   The Final Bill Utility filters appear.

4. To verify whether a final bill already exists for the loan, click the Click here to view the Final Bill history for this loan link. See Editing a Final Bill for more information about modifying existing final bills.
5. From the Vendor Name drop-down list, select the vendor.
6. In the Final Bill Due Date field, type or select the due date. A default date appears according to your company configuration.

   You cannot set the final bill due date prior to today's date.

7. From the Department(s) drop-down list, select the department. Select multiple departments by pressing the CTRL key and clicking the selections.
8. From the Reason Code drop-down list, select the reason.
9. In the Note field, type a comment.
10. If needed, do one of the following:
    • To prevent a vendor from submitting an invoice after the deadline date, select the No Further Invoices Accepted After Deadline check box.
    • To allow an invoice to be submitted after the deadline, clear the No Further Invoices Accepted After Deadline check box; however,InvoicingSM will tag the invoice with a Late Invoice exception.
11. Click Add.