Adding a Liquid Resource

 

Liquid Resources Detail Page:

1.    Select the Resource Type from the Liquid Resource Type drop-down menu.  See KEES Medical Resource Values for more information.  (KEES User Manual Introduction, K2Ks, Medical Resource Values).

2.    Select the appropriate resource description from the Description drop-down menu.  

NOTE: This value is required for EDBC to determine if a resource is exempt or non-exempt.  EDBC cannot build a budget if this field is not completed.

3.    Enter the resource’s current countable value in the Current Value field.

a.    Enter the appropriate resource value in this field according to policy. Any necessary calculations or deductions will need to be made off system before entering in this field.

NOTE: Do not enter any information in the Income Exempt as a Resource block, it is not functional.

NOTE: The encumbrance field is not currently used to determine the value of a resource. Do not enter an amount in the Encumbrance field unless the consumer reports that they still owe money on a Resource.

4.    Enter Financial Institution details for all Liquid Resources including the Financial Institution Name and Account Number.  The entire Account Number does not have to be entered, only the last 4 digits are needed.

Example:  xxxx-5111 or -5111.

5.    Select the appropriate value using the Verified drop-down menu.

Note: Add all Liquid Resources reported on the application with the appropriate Verified status (Pending, Verified, or Refused).

 

6.    Click the Save and Add Another button to add additional records.  Otherwise, click the Save and Return button.