I am reading the FSW 2013 manual (link in my signature) but it is not clear to me what the process is between fee deduction and PER. From what we have seen so far, most CC charges (or DD) get PER after avg. 7 days. However, my question is whether the cap limit is checked before giving PER or before CC charge? I ask this because I am looking at the 2011 spreadsheet (link in signature) which has CC charges but returned apps due to cap limit. I would appreciate your thoughts...