Hi Linda,
The refund is able to be done however it is done for the current year. I assume the account was in credit & that credit was rolled as part of EOY & Levy.
When it’s processed you just to ensure that the balances on the account are the same as the levy was for the current year.
If you need to adjust the GL to show that it has been refunded you can have a journal done but the rates sub ledger has to show the transaction as happening in the current year.
Any other questions give me a call.
JT
