How Do I Correct an IDT?

Voiding and Editing iPayment Transactions: IDT transactions can be voided and/or recalled and edited prior to being marked as balanced.

Please allow 3 business days for the iPayment file to post to FAMIS once it is balanced. Check FAMIS Screen 47 to verify that the transaction is posted. Enter account 001004 in the account number field and the 7 digit IDT ref# generated by iPayments in the ref#2 field to view both sides of the IDT.

Changing revenue codes: Request revenue code change by submitting a memo to the Corrections Department. Please be specific. The IDT ref#, account number, support account number, current revenue code, and amount will need to be provided. This request will need to be routed through persons with signature authority on both accounts. Please read the Taxable Object Codes. If the revenue code is being changed to a taxable code, please make sure the sales tax is moved to account 034998-2110 if appropriate.

Changing expense codes: Please use Departmental Corrections Request (DCR) Module in Canopy.

Changing selling accounts: Request selling account change by submitting a memo to the Corrections Department. Please be specific. The IDT ref #, current account number, support account number, revenue code, and amount will need to be provided. This request will need to be routed through persons with signature authority on both accounts.

Changing buying accounts: Please use the Departmental Corrections Request (DCR) Module in Canopy. If the new buying account is not a TAMU (02) account, please see Cancelling the IDT section below and How do I create an AR in iPayments?

Changing the amount: Request amounts be increased or decreased by submitting a memo to the Corrections Department. Please be specific. The IDT ref #, both account numbers, both support account numbers, both revenue and expense codes, and current amount need to be provided. This request will need to be routed through persons with signature authority on both accounts.

Changing the support accounts: This can be done by using the Departmental Corrections Request (DCR) Module in Canopy or by using FAMIS screen 56. FAMIS screen 56 does not route for approval. If the support account needs to be changed for a transaction from a previous year, submit a memo to the Corrections Department. Please be specific. The IDT ref #, both account numbers, both support account numbers, both revenue and expense codes, and amount need to be provided. This request will need to be routed through persons with signature authority on both accounts.

Cancelling the IDT: Request that the IDT be voided entirely by submitting a memo to the Corrections Department. Please be specific. The IDT ref #, current account number, support account number, revenue code, and amount will need to be provided. This request will need to be routed through persons with signature authority on both accounts.