So the saying goes... Did you get another big LIPOMs payment this month?
Sad to say it is not the impact of the BPR, there is a double up of the POB advance for some Licensees. If you did not receive the POB Advance in your Jan LIPOMs, and had to follow up to get an out of cycle payment made, then you may well have received the same payment again in the Feb LIPOMs. To ensure that everyone got their entitlement, both the State and National RNP teams made sure to include the additional payment. If the payment was paid out of the LIPOMs cycle, then it was reversed in the Feb LIPOMs run. However this month it has been paid twice and only reversed once. Its a lot more fun than missing out altogether last month.
As is often the case with such a cumbersome and outdated payment management system, it was up to human intervention to reverse the payments that had been paid out of the cycle. Unfortunately for AP, both the State and National teams thought they were the only ones making the payments this month. And only the one payment was reversed. So if you got a bumper LIPOMs for Feb, you will need to keep in mind that you have now received 100% of the POB renewals for last year, at the increased BPR rate. DON"T BOND WITH THE MONEY...unless you are incentivized to make sure all your POBs renew before the end of March.