COBRA Finance Maintenance (CFMT)

The COBRA Finance Maintenance (CFMT) transaction allows you to record and view payments made by a COBRA recipient. It is also used to record adjustments to prior financial activity (for example, due to insufficient funds and a payment made by a canceled check) and to manually record billing adjustment amounts. This transaction is also used to record additional information about each financial transaction such as reference date, payment form, reference number, benefit type and plan, and free-form comments.

The COBRA Finance Maintenance transaction can be created in the following way:

• Select the Create action on the Transaction Catalog.

• Select the Create COBRA Finance Maintenance row-level action on the COBRA Finance Maintenance tab of the COBRA Activity Folder (COBRA) activity folder.

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