We are happy to report that, as of PICS 15.20.005.04, we have made improvements to the methodology that calculates the current and effective ACT values in our funding calculations. This means the Learner Status, Claim History and reports from the Funding Calculator will more accurately show ACT values. This fixes issues with:
Correct ACT value not being used for learning past expected end date
ACT not being calculated where the latest ACT record has a To date but the aim is still open
There are still a few known issues which we are looking to fix soon.
Employer payments before/after programme dates are not being assigned an ACT value
ACT not being calculated for Disadvantage and LSF payments in the same period as the learner’s actual end date.