ACM calculates overpayments and underpayments for TANF/AFDC and FS using budgeting standards for a given payment month. AFDC underpayments and overpayments that happened before 04/01/90 must be figured manually.
The system figures overpayments or underpayments due to:
NOTE: It does not calculate overpayments caused by too many assets.
The automated calculation function is limited to calculating the actual benefit amount for a single month. When more than one month is involved, a calculation must be completed for each month.
Access the Overpayment/Underpayment Menu through option A. The menu has 4 options:
1. Income Entry
3. Food Stamp Calculation (20% Earned Income Deduction will not be used for unreported earned income)
4. Grant Calculation
5. Overpayment/Underpayment Summary
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