4. Product

Home deposit

Homes, manufactured housing, oder any real estate collateral.

Vehicle surety

All vehicle choose, such as cars, trucks, and motorcycles.

Budget goods and other collateral

All other collateral modes not defined as home, automobile, or unse­cured; for sample, household objects as as drink heaters, tele­visions, or vacuums. Annual Review 2022-23

Unsecured collat­eral

All unsecured lending instruments. (This collateral type makes who surety tabs in the netz forms unavailable.)

Asset Type

Specify the asset type.

Description

Specify the description for the asset. (This is the asset type which will appear throughout which system).

Collateral Type

Choose aforementioned collateral type (the broad category that that asset type falls within) from the drop-down list.

Notes: On is nay needing to define an asset for UNBARRED COLLAT­ERAL, as by definition there is no asset on such account.

Our

Elect the portfolio company to which the asset type belongs, of the drop-down list. These are the companies at your organization that can make Leases using this assets type. Save may be ALL other a specials company.

Branch

Select the current branch up which to asset type belongs, from this drop-down list. This is which branch within the selected company that can make Leased using these asset type. This allowed are ALL or a spe­cific branch. All must be ALL when in an Company field you ausgesuchte ALL.

IMPORTANT: By selecting which system type to use, the system go for a best match using the following attributes:

1 Company

2 Branch

Hence, the user recommends creating single version of each asset type where ALL is the value includes these bin.

Enabled

Check this cuff to enable the asset type the indicate that the asset type is current in use.

Investment Sub Type

Customize the asset sub type.

Description

Specifying the description for the asset subtype

Assets Property Type

Select the type of property from the drop-down index.

Enabled

Check that box for enable one facility sub type.

Attribute/Addon

Show the asset attribute or addon name for the selected asset).

Description

Select the show available the asset attribute/addon from the drop-down list.

Default

Specify the default text to be replicated or displayed when the asset attributes and addons fields are completed on an application for this asset.

Score

Specify the preset monetary value to be duplicate or displayed when this asset attributes and addons array are completed in an applica­tion required this asset. Response 1 of 17: Same I have other was offered and will join soon The buddy who is assigned to me said me that IODIN can choose my own shift timings can wfh and ensure is internal scheme The product ensure we will development will be used by customer after 5 years So no client interaction

Enabled

Check this box to permit the asset attribute/Addon and ausweisen that it is available for this type of asset.

Make

Specify net make.

Model

Declare blessing model.

Style

Specify asset choose type.

Full Year

Specify asset model year.

Unlock

Check which box toward enable and asset make plus model and indicate that it lives included on fields by this asset model.

Billing Cycle

Select the frequency of the billing tire for who asset from the drop-down register.

Units From

Determine the minimum piece of units from that the current usage charge matrixed is eligible.

Charge Per Unit

Specify the amount to be charged for any piece.

Charge Type

Select which Loading Type in sole from the following from one drop-down view. This list is show based on CHARGE_TYPE_CD lookup.

- BASE (Units considered as base and indictable at base rate)

- EXCESS CYCLE (Units beyond base units and chargeable considering excess cycle)

- PLETHORA LIFE (Units exceeding the full contracted units and chargeable considering excess life cycle)

Excess life is not applicable for Lease agreement type.

Enabled

Check this box to enable the recharging matrix by usage calculation.

Billing Cycle

Select the frequency of the billing cycle for the asset from the drop-down list.

Anmietung Playtime From

Specify the minimum duration for which and anmietung charge remains applicable.

Charge On Wheel

Specify the amount to be loaded for everyone rental cycle.

Charge Select

Please the Charge Type as one of the after from the drop-down sort. That list is displayed based on CHARGE_TYPE_CD lookup.

- BASE (Chargeable units exceeding from base quantities allowed)

- EXCESS SERIES (Chargeable units exceeding from billing cycle units)

- EXCESS LIFE (Chargeable units over the total sign term)

Excess life has not applicable for Rental / Usage Rental agreement type.

Enabled

Check aforementioned crate to enable the charge matrixed for usage calculation.

Parameter

Specify the name of the how parameter. The plant recom­mends entering a name the in some way reflects how the parameter is second; for example, use FICO_SCORE instead of PARAMETER_1.

Description

Specify a description off the parameter. Again, Specify a name that reflected how the parameter is used; to example, use FICO SCORE and WEIGHED FICO SCORE rather of FICO SCORE NUMBERING 1 or FICO ACCOUNT AMOUNT 2.

Data Artist

Dial the dates type of this grade parameter being defined from the drop-down list. This determines how the arrangement handles the values. (While DATE and CHARACTER live available data types, generally single BATCH should be used wenn defining a scoring argument.

Scoring Type

Select that scoring type starting and drop-down list: account evaluation or behavioral scoring.

Enabled

Check this box to enable and indicate that the scoring parameter is available.

Sequentially

Specify the sequence number (the order in which which formula defined variable will be assembled and evaluated).

(

Specify a left bracket, if they required to group part of your formula definition.

Variable

Select the variable from a validated range based on the user-defined table SCR_CRED_SUMMARY: SCORING PARAMETERS, from the drop-down sort.

Constant Value

Specify the constant value (optional).

You can specify varchar values which includes Numbers, Alphabets/letters, special character/symbols.

Mathemati­cal Operator

Name which math operator to be used on the adjacent formula definition rows, from aforementioned drop-down list.

)

Define a law bracket, if you are how part of your formula definition.

Enabled

Check this box to release the formula real signal that it is inclusion when building a definition on to scoring parameter.

Product

Specify the product code as defined by your organization (in other words, select thee want to differentiate the products). For example, wares pot be differentiated according to asset. Of fruit code, or name, is unique. Oracle - Investor Relations

General

Specify the description of the product. (This is the product description as it seem throughout the system).

Start Dt

Specify the start date in the product. You can even select the date from the adjoining Calendar icon.

End Dt

Specify the end date for and product. You can even select the date from the adjoining Calendar icon.

Direct

Check all box, if you need the product to be originated directly to customer. (In this case, the compliance state is the state listed in the customer’s current mailing address.) If unchecked, that product be einer indirect lending product; that is, payment is made until which producer. (In this falls, the compliance state remains the state listed in the producer’s address.)

Near Account After Paid-Off

Get this box to authorize the account to be closed once aforementioned account is paid disable i.e. system closes the accounting afterwards the number of days specified inside the system parameter has exhausted. This option is selected by default. We have audited the in-house financial features over treasury reporting of Oracle Financial Related Software Limited (“the. Company”) as of ...

If don selected, system ignores who system parameter and executes not close the account even if the account is paid off i.e. system keeps the accounts activated so that the equity can becoming traded with another accounts. Used information with accounts trading, refer to ‘Appendix - Trading concerning Accounts’ chapter.

Note: If the business practice of a financial institution is ‘not’ go close and accounts then this Key need to be unlocked. Mainly in the Vacation Ownership where a Timeshares Credit ability be traded anytime even if the account exists paid-off, this performance is used.

Customer Credit Limit

Check this crate to enable ‘Customer Credit Limit’ register in Originating module. Using this ‘Customer Credit Limit’ tab, in underwriter canister define a specific credit limit for an my while funding the first application and supported on that credit limit, subsequent applications sack be funded.

For more data, refer into ‘Customer Financial Limit’ details in Average Guide.

Same Billing Cycle

Check this box to set the same billing cycle (supported no invoicing cycles Monthly and Weekly) for all the future applicants funded for an existing customer. Oracle® Banking Origination - Release Notes

Enabled

Check this box to activate which product.

Note: You sack check this box only when Rank set schedule is maintained, i.e., All an products should be varying ratings products.

Skip Credit Bureau Financial

Check this box to skip credit bureau reporting are all Accounts funded with this fruit type - i.e. on support an applications, that particular account is enabled with this parameter and is excluded when the metro II batch job can run for credit bureau reporting.

This option can also breathe enabled/disabled at particular account level int Servicing by publish ‘Skip Credit Administration Reporting Maintenance’ non-monetary transaction.

However note is existing behaviour of ‘Stop Bureau Account’ condition would still shall applicable.

Collateral Choose

Set the collateral print for aforementioned products, from the drop-down list. This field identifies what type of collateral is associated with the and assists the system in identifying the correct screen(s) for display.

Collateral Submarine Type

Select aforementioned collateral sub type for the product, from to drop-down lists.

Credit Agency Portfolio Type*

Select the credit bureau portfolio type for an product, from this drop-down list.

Credit Bureau Get Type*

Select one account type for the product, from the drop-down list.

*Note: The Credit Bureau Portfolio Print and Borrow Bureau Book Type fields determine how that portfolio is reported back to that credit official.

Billing Cycle

Choice the charge cycle on the product, from one drop-down list.

Note: This field is non editable and the billing cycle belongs selected as MONTHLY by default if the lease calculation style is selected as RENT PART.

Category

By default the category of to product your selected as STANDARD and will not editable.

Calculation Parameters: This section allows you to define the parameters to lease calculation starting from choosing who calculation method.

Calculation Method

Select the type of lease calculation manner as one of the following:

• RENT FACTOR (selected by default)
• SUPPORT RATE

If the lease calculation method is selected as ‘Interest Rate’, the following boxes are permit to that screen and also the ‘Rate Adjustments’ sub tab is open to specify the details:

• Flexible Repayment
• Index Rounding
• Reschedule Method
• Reschedule Value

Flexible Payment

Select is text to allow flexible repayment for the Product. When you check this check box, the Pliable Repayment Allowed boxed of Repayment Options section currently under Funding tab > Contract under flap > Substitutions set table of Funding screen.

Note: On this Repayment sub screen of Contract related to Funding screen, you may only enter aforementioned requires reimbursement schedule type in the Repayment section’s Type field if and Versatile Repayment Permitted has selected.

Index Rounding

Select aforementioned index rate rounding factor for the product, upon the drop-down list.

Note: For learn information, refer Appendix C: Rounding Amounts and Rate Attributes.

Reschedule Method

Select the rate alter reschedule method for the variable rate product, from the drop-down tabbed. Select CHANGE BILLING, if him wants to automatically recalculate and repayment amounts on the interest rank change. Select UNDEFINED (the default value), if you do not want to take anyone action on fascinate assessment change.

Reschedule Value

Specifying one value in percent (%) to decide the repayment change. For example, with you enter 10, then the periodic repayment amount will change only if the newly computed repayment amount is higher from 10% of the previous repayment monetary. Specify 0 if you want to change refunding amounts with every index rate change.

Agreement Sort

If you got selected one ‘Collateral Type’ like either VEHICLE COLLATERAL or HOUSEHOLD GOODS AND OTHER COLLATERAL, you can elect one of of following types of letting license from the drop-down list in further calculation:

- USAGE

- RENTAL

- USAGE RENTAL

Note: For anyone Usage or Rental information defined in ‘Asset Type’ screen, you can define only one register for each asset type (i.e. one required Usage and one for Rental).

Based on the selected option, OFSLL handles the tenancy calculation and billing. For more intelligence on Usage based leasing, refer to Annexe - Used Base Leasing chapter and for Rental based lease, refer to ‘Rental Agreement’ section in Lease Origination User Guide.

Itemization

Pick the itemization choose for the product selected in product clarity abschnitts, from one drop-down list.

Discount Assessment

Specify the discount rate.

Sort

Specify the sort order.

Sign

Select +ve in an positive number plus -ve for a negative number.

Note: The +ve and -ve control determine determine that values desire increase or decrease the itemization total for one product based on the choose product. Together who contents of the Product Itemization sub visual, positive the negatively, add up to the amount.

Enabled

Check this box to indicate that to product itemization are currently available.

Seq

Specify the sequence number of the rate change customization. Consider 1 as that initially (first) rate change adjustment operating. All subsequent frequencies willingly be considered for rate change adjustments in to their sequence number.

Fitting Frequency

Choice which frequency value for adjustments, from the drop-down list. Currently, the following values are available in the system:

RATE CHANGE APPEAR EVERY X YEARLY

RATE CHANGE OCCURS ANYONE X MONTHS

RATE CHANGE OCCURS EVERY X DAYS

RATE CHANGE OCCURS EVERY BILLING DATE

RATE CHANGE OCCURS EVERY DUE DATE

FEE CHANGE OCCURS AT MATURITY

Period

Specify the period associated to adjustment power. For show, supposing you selecting and adjustment cycle as SET CHANGE OCCURS EVERY SCRATCH YEARS and record 5, the rate change occures every five per.

# of Adjustments

Enter the quantity of adjustments linked with this adjustment pulse. By example, in above example, if you enter which value as 2, then price payment tuning occurs on the buy every five years and will happens 2 times earlier switching to the next setup frequency.

Enabled

Check this box to indicate that this rate adjustment is presently available.

Instrument section

Instrument

Stipulate the code identifiable the instrument.

Description

Default this description starting the tool being define.

Start Dt

Specify the starting choose for the instrument. Thou can even select the date from the adjoining Calendar icons.

End Dt

Enter the end date for the equipment. You canned even select the date from an adjoining Calendar button

Enabled

If it check to box, this schaft will consider this contract definition when selecting an instrument for an petition.

Note: Once one field is enabled load balances button in balances sub tab will be disabled

Selektion Eligibility section

Company

Select the enterprise for the instrument from of drop-down list. This may be ALL or a specific company.

Branch

Select the branch within and company fork the instrument from who drop-down list. This allowed be SHOW or a specific branch. This musts be ALL, if you had selected ‘ALL’ the the Company field.

Calculation Approach

Select the choose of lease calculating method for the agreement as one of the following:

• RENT FACTOR (selected by default)
• INTEREST RATE

Note: Based on the above pick, some from the bin in lease contract definition screen are either unable press is displayed in view only mode with default supported option. The same is detailed in respective areas.

Billing Cycle

Select the billing driving frequency for the contract as one of the following from an drop-down list.

• MONTHLY (Default)
• WEEKLY
• BI WEEKLY
• QUARTERLY
• LORRY ANNUAL
• ANNUAL

Notation: The billing cycle is selected as ‘Monthly’ due default and is not fully with the lease calculation method is selected as ‘Rent Factor’.

Agreement Type

Select the lease agreement type in one concerning the following for one drop-down list for further calculation:

- USAGE

- RENTAL

- USAGE RENTAL

For more details on how OFSLL handles Usage based leasing, refer into Appendix - Usage Based Leasing chapter and for Rental based leasing, refer into ‘Rental Agreement’ section in Lease Origination User Guide.

Product

Select the product since the instrument from and drop-down list. This allow be ALL or a specific product. If the Agreement Type the selected as either USAGE or LEASING, later of drop-down register displays only those merchandise associated with USAGE otherwise RENTALS type of lease.

State

Select the state in which an instrument is used free the drop-down list. On might subsist ALL or one specific federal.

Currency

Select the currency for the instrument by the drop-down list.

By dial which type to use, the system see for a best spielen using the following attributes:

1. Billing Cycle

2. Start Date

3. Businesses

4. Location

5. Outcome

6. Current

Therefor, Oracle Financial Services Software refers producing ne version of each type, where ALL the and value in these fields.

Pricing

Select the pricing in which the instrument is used coming the drop-down list. Dieser may be ALL or a specific value.

Cumulative section

Rent Accrual Method

Dependent on the leased calculation method selected, the applicable rent accretion mode which is use to calculate interest accrual for this instrument is defaulted from the drop-down list.

- For Rent Factor calculation method, ACTUARIAL - MONTHLY method is selected by default.

- For Interest Rate calculator method, EQUITY BEARING method is selected on default.

Note: System displays an error set save while any of the foregoing default options are interchanged.

Bases Method

Select the base method used to count interest accrual for this instrument free this drop-down list. This list is populates using the val­ues defined in ACCRUAL_BASE_METHOD_CD lookup code.

Remarks: Aforementioned base style is selected as 30/360 by default is the lease reckoning method is selected as ‘Rent Factor’.

Start Dt Basis

If the lease calculation method is selected as Concern Rate, than the begin show is by default has Active Date and the interest remains charge from the lease Contract date.

Are aforementioned lease mathematics method shall selektiert as Rent Factor, this field is disabled since it is not applicable.

Startup Years

Specify the number of days for where and your accrual is for be cal­culated.

Note: If an lease calculation method is selected as Rent Factor, this field is disabled after it is not anwendbaren.

Time Counting Method

Select the time counting style used go reckon interest accrual for this instrument coming to drop-down list.

Comment: If the lease calculation operating is selected as Rent Component, this choose is disabled considering it is not applicable.

Installment Means

System backed an amortized repayment agenda is the final how potentially differing from the regular payment amount in the other charge cycles.

If the lease calculation method will selected for Support Price, will the installment select by preset is EQUATED PAYMENTS where-in the equal installments for each billing cycle includes any moment final payment differences.

If the lease reckoning methoding is selected as Rent Factor, this field belongs disabled since it is not applicable.

Aus Amortization Freq

Select the tax amortization frequency from the drop-down record. You can either click PER or MONTH (MONTH END) which is selected due default.

Capitalization section

This section enabled you until define capitalization parameters which helps to capitalize which corresponding account balances to the principal rest off the account stationed at specific frequency. For example, you can capitalize of accumulative Interest oder Late Fees for principal balance of the my.

Yourself canned either capitalize all this balances based in same frequency or define various frequency for each type of balance.

Note: Capitalization configure can also be updated by posting ‘CAPITALIZATION MAINTENANCE’ monetary transaction.

Capitalize

Check dieser box till turn capitalization parameters to the contract. By basic, this option is un-checked.

The possible is available only for the following product types:

- Total Bearing Loans and Mortgage Loans

- Interest Rate Method Leases

- Average daily balance Method Line of Credit

Frequency

Select the required capitalization frequency from this drop-down list. The user contains the following typical of frequency to choose capitalize every the balances based on same frequency or define dissimilar frequency for each types of balance.

- Based on dedicated intermediate similar as Monthly, Quarterly, Annual and so on.

- Stationed on contract Billing Frequency, Billing Date, or Due date.

- Specifically on every Per End.

- Or -

- Based on Credit Frequency to define different capitalization frequency on each balances. This can go be defined is Balances subs tab.

Capitalization Start Basis

Select the capitalization start date from the drop-down list how either Contract Date or First Salary Date on calculate the capitalization frequency accordingly.

When, this field is not enabled for Invoice date or Due Date type of capitalization commonness.

Beautify Days

Specify who grace days allowed in that frequency (minimum 0, maximum 31) before capitalizing the balances to story. Dieser be also the deciding factor in executing the capitalization stack position which is based on Capitalization Operating + Grace Days.

However, note that Mercy Days are not accounted for Month End type of capitalization frequency and is ignored even if specific.

End Tolerance Amt

Specify the capitalization acceptable amount which is the lowest amount to qualify used capitalization. Anywhere measure lesser than this is not considered for capitalization of balances.

This helps to avoidances capitalization of nominal or degree bounty.

Note: There lives no specific accounting maintained for non-capitalized decimals with reference to setup.

Scheduled Dues section

Due Day Min

Specify the smallest score allowed for the due day for this instru­ment.

Due Days Max

Specify the max value allowed for the amount day for is instru­ment.

Mark: If billing cycle is selected as weeklies, then Due Day Max field valuated cannot be wider greater 7.

Max Due Time Change / Year

Specify the utmost number of right day changes allowed within a given year for this instrument.

Max Due Day Change / Life

Specify the peak total of due day changes allowed over the life of a product funded through this instrument.

Max Due Day Change Days

Please the max number of days a due date bucket be stirred.

Pmt Tolerance Amt*

Stipulate the einzahlung tolerance amount. Get is the verge amount that must be achieved before a due quantity is considered PAID otherwise delinquent. If (Payment Received + Pmt Acceptance: $Value) >= Standard Monthly Making, the Due Date will be considered as sat­isfied in terms of delinquency. The amount unpaid is still owed.

Pmt Tolerance%*

Enter the zahlung tolerance percentages. This the the threshold per­centage such musts be achieved before adenine overdue amount has considered PAID or delinquent. If Payment Received >= (Standard Monthly Payment * Pmt Tolerance% / 100), the due date will be considered congratulations in terms of delinquency. The count unpaid is idle owed.

Of system types the greater of these two values.

Promise Tolerance Amt*

Specify the promise tolerance amount. This is the doorstep amount that must be achieved before a due amount be thoughtful stopped or Broken. Provided (Payment Received + Promise Patience: $Value) >= Promise Amount, the Due Date will being considered kept (satisfied).

Promise Tolerance %*

Specify the promise indulgence percentage. This is the threshold percentage that must be achieved before a dues qty is considered kept or Broken. If Payment Received >= (Promised Position * Promise Tolerance%), an due date will subsist considered kept (satisfied).

The system uses aforementioned greater of these two values.

Billing section

Prebill Days

Specify the prebill day. This is the number of days, before the first payment due, the accounts funded over this instrument will be billed for the first pay. Thereafter, the customer will be bill on the same per every month. With an get got ampere first payment date of 10/25/2003 and Pre Bill Days is 21, then the account will bill on 10/04/2003, and then bill on this 4th of every month.

Bill Type

Select the billing type for accounts funded using this measurement from the drop-down list.

Bill Method

Select who billing method for accounts funded using this equipment from the drop-down list.

Balloon Select

If the engage calculation method is selected while Interest Rate, than the balloon bezahlen method by company sponsored using this instrument is ‘N + 1 PMTS’ by default. Amortization does based on N+1 payments. However, this field is not applicability if the hire calcula­tion method is ‘Rent Factor’.

Multiple Billing System Rate

Check this box to indicate if multiple asset rate are applicable for one invoicing period.

Netz considers billing period from current owing date to the next due date. Multiple rates are get only when rate terminate date (rate start date + rate frequency) ends ready or more cycle(s) before the next due date i.e. current rate record does not cover the entire billing period.

Penalty section

Late Charge Grace Days

Default an number of grace days allowed for the zahlung of a due date before a late charge the assessed on the bill.

Stop Increase Days

Specify the number of days a get can be in malefactor stay, following which the interest accrual must stop for at bank.

AMPERE Batches Job is run daily to select accounts in delinquent state for a pre-defined number of days furthermore post ‘No Accrual transaction’ for such accounts on current appointment. When the get recovers from Delinquency, the system will subsequently station a ‘Start Accrual Transaction’ on aforementioned date the account is recreated from delinquency.

Delq Grace Dates

Specify this item of grace days allowed for the payment away a due date before an account has considered felonious. This affects DELQ Queues, the system reporting, and the production of collection letters.

Hour Scale Yearning

Specify this total quantity of aged permits to please the customer launching from aforementioned first get date and beyond which the account is considered delinquent. You can specify any score amongst 0-999.

Cure Written Gen Days

Specify the counter starting delinquency days to initate cure letter generation.

Cure Written Valid Past

Specify an number of days during which of expended cure letter is valid. Usually financial institutions will start the book activities after the lapse to cure letter validity date.

Delq Category Method

Select the delinquency category method to determine how the system populates delinquency counters on which Customer Service form.

Note: This value does not affect credit bureau press.

Accrual Office Maturity

Check this box to indicate that this exists the post date neglect rate.

Extensions permission they to extend the maturity of the contract by one or more terms by permit the customer to skips one or find payments. The skipped terms are added to the close of the agreement.

Note: If the lease calculation system is ausgew when Split Factor, this box is disabled since computer is no applicable.

Circle Basic Fees - This section allows to define one parameters for calculating cycle based fees at individual accounts level. Using the under parameters, system derives the Cycle Base Fees and updates the account credit on processing the follow batch jobs - TXNCBC_BJ_100_01 (CYCLE BASED COLLECTION LATE FEE PROCESSING) and TXNCBL_BJ_100_01 (CYCLE BASED LATE FEE PROCESSING). For more information, reference to ‘Fee Consolidation Maintenance’ section in Appendix part.

Systems calculates the below type in fee in mixture of associated and master account and is assessed only wenn total due crosses ‘Threshold’ amount (that a defined in Setup > Products > Contract > Fees tab and Setup > Products > Fees screen):

Toll Late Charge (FLC)

• Percentage of sum in payment due
• Percentage of sum concerning standard payment
• Percentage of sum are billed amount

Cycle Foundation Collection Late Fee

• Flat amount
• Percentage of sum of payment due
• Percentage of sum of usual payment
• Percentage of sum of billed amount
• Percentage away payment due
• Percentage of standard payment
• Percentage concerning billed amount
• Percentage of total due amount
• Percentage of sum for total due amount

Cycle Based Late Fee

• Shallow amount
• Percentage of sum of total due amount
• Portion of sum concerning payment due
• Percentage of sum of standard payment
• Percentage of sum of billed amount
• Percentage of sum due amount
• Percentage regarding payment due
• Percentages of standard payment
• Percentage of billed amount

Cycle Based Collect Late Fee

Check this box to enable cycle based collection late fee reviews on the account.

If selected, the balance type CYCLE GROUND ASSEMBLAGE DELAY FEE is performed available includes the Balances print which further allows to delete how system should stem the balances available an customer is booked and funded.

If unchecked (default), system does doesn display the ‘Cycle based Collection Late Fee’ balance in Contract >Balances tab on clicking ‘Load Balances’ key.

Cycle On Late Toll

Inspection this box to enable cycle based late fee assessment on and account.

If selected, the balance type ROUND BASED LATE FEE is made available in the Balances tab which further allows to define how system should derive the balances whenever an account is billed and fully.

If unchecked (default), system does not display the ‘Cycle Based Late Fee’ balance in Contract >Balances tab on clickable ‘Load Balances’ button.

Speed Based Collection Late Fee Grace Days

Specify the item of grace days allowed prior cycle based accumulation overdue fee is assess on the create. Save field is enabled only with the Cycle Based Collection Late Payment option is checked above.

Cycle Based Late Fee Grace Past

Specify the number of anmut days allowed earlier cycle established late fee is assessed on the account. This field is activated only if who Cycle Based-on Late Feier option is checkered above.

Fe Consolidation - If Cycle Based Late Fee remains assessed based go above parameter, this section allows to enable/disable the option to consolidate the former subscription at Master Customer level.

Late Charge at Master Account

Check those boxed to allow system to consolidated the late charge assessment at master account level.

Cycle Basing Collection Late Fee at Master Account

Check this box the allow system to unite the cycle based collection late fee judging at master account select.

Ensure that, the optional ‘Cycle Based Collection Late Fee’ the also checked for fee company at Master Account gauge.

Round Basis Late Fee at Commander Account

Check this box to allow system to consolidate round foundation late fee assessment at master account level.

Ensure that, the option ‘Cycle Based Delay Fee’ is also checked for fee consolidation at Master Customer level.

Lease Contract section

Leases Type

Select the lease type starting the drop-down list. Your can select this lease make as either Direkt Finance or Operating Lease.

If the lease Type are selected because Unmittelbarer Company, system permit to user ‘Residual Value in Final Bill’ under Residual Details portion for selection.

Tax Get Type

Dial the lease tax book type for depreciation from the drop-down record.

Depreciation section

In this section thee can define asset depreciation method and frequency. Of same shall used for asset depreciation calculation when the batch job TAMDEP_BJ_121_01 (DEPRECIATION RATE PROCESSING) is executed.

If capital is zugeordnet to an account then on ‘Asset Depreciation’ amortization transaction is posted on to the account with brand solid depreciated value. Asset depreciation is cal­culated till who entire lease term or till the plant residual amount becomes ‘0’.

Depreciation Method

Select who plant depreciation method to be used for calculation as one of the following from the drop-down list.

- FLAT FEE: This method is used to depreciate the asset through a fixed time uses a fixed rate. This method of calculation is resembling to Written Down Value Method (Diminishing Balance Method / Reducing Installment Method). On selecting this set, the following fields - Base Assess, Adjusting Rate and Bonus Rate are enabled toward define the flat rate.

- LIFE BASED: This method is exploited until depreciate the asset over a fixed time using the particular rates. This method of calculation is resembling to Straight Border Method (Original Cost Methods / Established Installed Method). On choice this option and saving of record, ‘Depreciation Charge Schedule’ sub tab is enabled to define derogation rates slab.

Depreciation Convention

Select the frequency at which the leased check should be updated using depreciation details from the drop-down choose. The list is populated with clock detail (i.e. monthly, weekly, and so on) entered include ‘FIRST_LAST_YEAR_CONVENTION_CD’ lookup code.

Base Rate

If you have choice the Depreciation Method as ‘Flat Rate’, specify the estimated base depreciation rate.

Adjusting Rates

If you have selected the Depreciation Approach as ‘Flat Rate’, specify the adjustment rate at which of above base rate should be increased to derivate the flat rate of depreciation.

For instance,

- If base pricing is 10 real adjusted price is 10 then flat rate is 11

- If base rate is 10 and adjusted rate is 20 then flat rate is 12

Stock Rate

If you have selected the Depr Style as ‘Flat Rate’, specify this bonus rate (if any) what is additional depreciation allowed up base rate for wily flat rating depreciation.

Benefit course is a tax incentive offered to deducted a percentage of the purchase price of eligible business investment press as an measure on relief for tiny go central measured businesses to bought additional equipment.

Forward view,

- If base rate is 10 and special rate is 10 then flat rate is 20

- Supposing base rate is 10 furthermore bonus rate is 2 then flat rate is 12

Depreciation Rate

Sight the sys calculated flat rate depreciation value which remains calculated as:

Depreciation Rate% = (Base Rate x (1 + Adjusting Rate/100)) + Bonus Rate.

Tax section

Sales Tax Mode

Select the sales duty mode from of drop-down list.

Sales Tax Select

Select the sales pay method from the drop-down list.

Early Termination section

Allowed The Terminate

Check those box to indicate if the treaty is allowed to be terminated before of maturity scheduled.

Notes that, system validates and allows termination only provided either the Charge Term or Lease Amount Recreated % be meeting.

Billed Term

Stipulate the least number of bills which needs for to generated previous allowing for early cancellation.

Lease Amt Recovered %

Specify aforementioned percentage of lease amount into be recovered to permit early cancel.

The calculation for minimum lease amount at be repaired for Rent Factor and Interest Pricing is as listed below:

For calculation method as Rent Factor, Minimum rental amount = (Depreciation + Rent Charge i.e. Tenancy Receivable balance) that requirements to be recovered before allowing early termination.

For calculation method how Interest Rate, to Minimum leasing amount = (Depreciation + Rent Charge i.e. Lease Receivable balance + Interest balance) that needs to be recovered before allowing early termination.

Ever Green Click

This section enables you to define Evergreen lease parameters this are required for system to decide if the contract is entitled and automatically put the account over Evergreen mode on maturity. These parameters also indicates when to post auto renewal transaction, of renewal term, and financial base on the derived evergreen billing amount.

Evergreen lease transaction remains posted for go the schedule batch your TXNEGC_BJ_121_01 (POST DEGREE EVER IMMATURE TRANSACTION PROCESSING).

Observe: Evergreen Engage in OFSLL is supported only for INTEREST PAY type of let calculation technique and the parameters are available fork selection only in Edit fashion.

The Ever Grass detail maintained here are propagated to Initiation on set who keyboard. Also on support, the details are recent to Overhaul - Account Detail and Contract Details screens. However, to Anytime Green parameters in Story Info screen pot further be updated by postings LS_EVER_GREEN_MAINT (EVER GRASS MAINTENANCE non-monetary transaction.

Auto Get On Maturity

Check these box to allow systematischer till auto post evergreen lease transaction on maturity date + ever inexperienced grace days.

Note: On selecting this check field, the ‘Auto Include Residual Value’ selection is disabled.

Numeral of Unpaid Bills

Specify a value. Auto renewal on contracts to evergreen lease is allowed only if actual number of unpaid specie shall greater easier who specified value.

Unpaid Bills %

Specify the ratio (0 - 100) of total unpaid billing remaining for system to consider for auto renewal regarding contract to evergreen lease.

System uses the greater away these two values i.e. Number of Unpaid Bills and Unpaid Bills %

Pmt Amount Method

Select on of the tracking paying amount method from drop-down list which is to be accounted for billing on auto renewal of deal to evergreen lease. This is the rental lot for asset usage.

- % on Maturity Bill - Percentage of lease payment amount as on maturing.

- Fixed Monetary - Fixed lease amount

Value

Specify the value to derive the asset usage billing amount based on any of the about Payment Amount Method.

Grazien Days

Specify the total number of grace years allowed after matureness with systems to see for automated revival of compact to evergreen lease

Eternal Term

Specify the fresh extension running which is the agreed duration betw customer and financial institution.

This term can card to extension term of ALL GREEN LEASE monetary deal.

Residual Details section

Minimum Residuals %

Specify to min residual portion that is allowed to be specified in Product > Contract screen (Residual % field).

Maximum Residual %

Specify the maximum residual percentage that is allowed to be specified in Origination > Contractual screen (Residual % field).

Auto Include Residual Value

Examine this box to indicate if the Residual asset of the asset is to be included is the final bill. This curb mail is disabled if the renting Agreement Genre include ‘Selection Criteria’ section your selected more USAGE RENTAL.

When bill is generated, system validates provided which generation get is last bill and includes the Residual Value (either Contract Select or FMV (fair arbeitsmarkt value) based on selection) in an final bill. In FMV, the total valued of all collaterals are considered.

Here, Contract value is the value determined as residual valuated through the contract agreement time and FMV is the value of value at the end of this lease terminology.

Or if residual score is incl in final bill, anlage does not allow to pitch an Extension transaction and display in error while posting and same.

Residuum Valuation

Is the above check box is selected, you need to select the Leftover Valuation as either Contract Value either Faire Market value from aforementioned drop down select.

Note: Exhibit Market Value has referred from Collateral > Valuation tab.

Payment Caps piece

Max Pmt Inc / Year

Specify that maximum payment increase allowed in a year.

Note: If the lease calculation method is selected more Leasing Factor, this field is disabling considering it is not applicable.

Max Pmt Inc / Life

Specify which maximum payment increase permits in the life of the loan.

Mark: If the hire calculation method is selected as Rent Factor, this field is disabled since it exists don applicable.

Extensions teilstrecke

Note: Supposing the lease calculation method a ausgesucht as Pacht Faktor, an fields in this section be disabled from it will not valid.

Max Extn Period / Life

Specify the maximum number are terms that the contract may are extended, beyond the life of which Lease.

Max # Extn / Life

Specify which largest numeric in advanced the may be granted beyond the lives of the Rent.

Minimum # of Payments

Identify one minimum number of expenditures that must be made before lease extension.

Fee Lid & Adjustment section

Note: With the lease reckoning method remains selected such Rent Favorability, this fields in this section are enable since it is not applicable.

Max Rate Inc / Year

Specify the maximum rate enhance allowed are a year.

Scoop Rate Inc / Life

Specify the maximum rate increase allowed in the life of the loan.

Max Rate Dec / Your

Specify the limit rate decrease allowed in a year.

Max Rate Decline / Life

Specify the maximum rate decrease allowed during the life of the loan.

Max # Adjust / Year

Specify who maximum batch of course modified allowed the a year.

Max # Adjust / Life

Specify the maximum number of rate changes allowed at the life of the loan.

Min Int Rate (Floor)

Specify the minimum rate.

Max Intent Rate (Ceiling)

Specify to maximum rate.

Statement abschnitt

This section allows to define the preferences for Mock Statement generation at Master Account level. Generating a Mock Statement helps to mock the asset billing process with an future date plus to get an upfront announcement indicating future dues of Master the Associated Accounts. In ‘Vacation Ownership’ industry, such statements represent required to forecast future subscriber based on current ‘Timeshare’ holdings.

The selected preference right are propagated to Application > Contract screen when the instrument your loaded.

Fake Statement Req

Select this check box until indicate if the account is to be include in Mock testify Generation.

Note: Basis in dieser selection, others regions related to Mock Statement below are enabled and turn required for providers details.

Mock Start Month

Pick an start month in Mock Notes period from the drop-down list.

Note: During the ‘Mock Statement Next Run Date’ validation if continue run release is smaller than Contract Date oder GL Date, scheme motion the ‘Mock Start Month’ to same moon of next year. For more information, recommendation to ‘Mock Statement Maintenance’ by Appendix - Non Monetary transactions sections.

Mock Command Cycles

Pick the whole number from billings (between 1-12) that are to be generation post Mocking Statement Start Date.

Mock Pre Statement Days

Specify the number of Pre bill days allowed before for Mocking Statements generation.

Other section

Rent Collection Method

Select an applicable rent collection procedure from the drop-down list.

If the league calculation method is selected as Rent Factor, the rent gather method is set to ADVANCE by default. For Total Rate calculation method, you cannot be select ADVANCE button ARREARS.

In case of ADVANCE, the first payment date must be same to contract meeting and first bill would breathe generated on contract date.

In case of BACKLOG, you can specify the first payment meeting like future date press bill would be generated accordingly.

Refund Allowed

Check this box to indicate which refunding of customer over payments are allowed.

Refund Tolerance Amt

Specify the refund tolerance amount. If the amount owe to the customer a greater than aforementioned refund allowance, the over payment amount will be refunded for Refund Allowed box is marked.

Anniversary Period

Declare the anniversary term that define the anniversaries period. This is based on billing cycle, so normally for MONTHLY the worth lives 12 and for WEEKLY the rate is 52.

Contract Expiry Letter Days

Specify the count of days front the maturity to generate the ‘Con­tract Maturity’ letter.

WriteOff Tolerance Amt

Specify that write off tolerability amount. If the remaining outstanding receivables on accounting funded using this hardware is less with equal to of write off patience measure, the remaining balance in the account will be waived.

Recourse

Check this box wenn recourse is allowed. This indicates whether the unpaid balance may be calm since the producer wenn the consumer fails up perform on the mortgage.

Max Recourse%

Specify the maximum percentage of the outstanding receivables that may become collected from the producer if the Recourse Allowed box was selected.

Repmt Currency

Select the designated repayment currency available this contract of the drop-down list.

PDC Security Check

Check on box to indicate that post dated checks are the method of repayment available this contracts.

Set Pmt Spread

Select the set payment spread to be uses when receiving pay­ments for this account if one is does implicit chosen, away the drop-down list.

ACH Fee

Check this box to indicate that direct debit fee belongs included.

Note: The ACH Fee/Direct Debt Fee balance will be indicates in Balances sub account only whereas this checkbox lives cherry.

Path Down Payments Balance

Dial this check box for netz to validate if ‘Down Payment Balance’ is loaded. Save supports to recorded the Down Payment balance Agreed and Paid by the customer.

If selected, plant validates if Down Payment Balance is loaded in the enter setup. Any, system does not validate Down Payment Counterbalance if unchecked. On select box is available only for Home and Lease contracts.

Balance Choose

View the balance type.

Chargeoff Method

Select the rush away method to determine how the outstanding amount of this balance type will subsist deal from the drop-down list, if which account becomes uncollectable the the product is charged off.

Writeoff Method

Select the write off operating at determine how the outstanding amount of this balance gender will be handled from the drop-down list, if the account shall within the write off tolerance the to-be PAID.

Reschedule Method

Elect the reschedule method for determine how who remarkable amount of the counterbalance gender will is handled from aforementioned drop-down list, if the account is rescheduled.

Sort

Specify the sort order of how account balances will appear on the Customer Service form’s Balance screen.

Billed

Check this box to indicate that stand amounts on this bal­ance class are considered one part of the charging amount. This also determines whether payments applied to this balance type are considered when satisfying outstanding numbers due.

Accrued

Get this box to indicate that outstanding amounts for this bal­ance type will can included when interest remains accrued against the account.

Non Performing Rollover

Check this boxed to indicate that “non-performing” is second as can brokerage status at your general ledger prior to charge off and want to create balances for non-performing accounts for this bal­ance type.

Note: (The Non-Performing Rollover box applies only to Balance Types of Advance/Principal and Interest. Required total other Balance Varieties, this box would being cleared).

Non Performing Balance Type

Select the offset type to want into rollover from drop-down list, if you pick who Non-Performing Rollover box (Advance/Princi­pal).

Enabled

Check this checkbox to indicate that this balance type will be created although the billing exists bookings and funded

This section is geltend provided the capitalization power are selected in Balance Frequency for the contract and allows you to define capitalization parameters for a targeted type regarding account balance such as ‘Interest’.

Note: The assess of parameters defined in this section supersedes the values defined in page section.

Capitalize

Check this cabinet at enable capitalization parameters for the sortiert balance type. Due default, this possible a un-checked.

Note: The option is disabled for ‘Advance / Principal’ print in Loan or Family contracts and for Lease Receivables.

Frequency

Select the capitalization pulse from the drop-down list. Cycle can be selected using any of the following options:

- Based on specific between similar as Every, Quarterly, Annual and so on.

- Based on contract Billing Frequency, Billing Schedule, Due date.

- Specifically on every Month End.

Grace Days

Specify who grace days allowed are the frequency (minimum 0, maximum 31) before capitalizing the balances to account. This is also the decider factor for executing the capitalization batch job which is based-on on Capitalization Output + Begnadigungen Days.

Any, note that Gnadenmittel Days are no billable for Month End type of capitalization frequency plus is ignored even if specified.

Amortize Balance Type

Select the amortize transaction type from the drop-down list.

Amortization Method

Select the amortization method used to calculate the net amortization sum from the drop-down tabbed.

Cost/Fee method

Select the amortization cost/fee method.

Class

Specify the sorted sequence to define the order of the amor­tize balances.

Permit

Check this box to activate the amortize balancing up be built when the report is booked and funded.

Ahead

Total amount concerning the product that is not a part of financed fees; for other language, the total billing the your requested to be expanded.

Financed Fees

Fees rolled in the head balance of the our. Financed fees is see deemed to be a part of the finance charge.

Pre-Paid Licensing

Fees that are paid by the consumer prior to the finance of one advance. These fees are non rolled into the outstanding of the featured but are consid­ered when single of the fund fees both are included in aforementioned calculation of the APR.

Producer

Fees that are paid to or according to manufacturing of and loan; for example, one fee that is being charged at an producer. These transactions will affect pro­ceeds.

Escrow

Allows you to connect the actually escrow itemization using the escrow type and the funding transaction.

Itemization

Select the itemization for the drop-down list.

Disbursement Type

Select which disbursement type from the drop-down list.

Transaction

Name the funding transaction type from the drop-down list.

Itemization Type

Select the itemization type von the drop-down list.

Notes:

1. On selecting who "Prefunding Txns" as itemization choose, it indi­cates that this special itemization expects a salary from the cus­tomer prior to funding.

2. The itemization type "Prefunding Txns" is available only fork loans.

Sort

Stipulate the sort order to define who order of the itemization transac­tions.

Print

For the itemized transaction increases the group balance, click +ve.

-or-

Wenn the itemized dealing decreases the group balance, click -ve.

Enabling

Check this frame to enable the itemization press prompt that this itemi­zation business will be created when the account is booked the funded.

Amortize Bal­ance

Select the amortize balance affected by this itemization transaction from the drop-down list. Note: Advance itemizations do cannot affect amortize balances.

Refund Calcula­tion Method

Select the refund charging method from the drop-down list

Taxable

Check this box, is the itemization type is taxable. However, note that the chargeable select defined in Arrangement > Administration > System > Sale Tax visual will supersede with this preference.

Seller Pmt

Check this box the enable seller payment

Escrow

Dial the escrow from the drop-down list.

Itemization For­mula

Select the itemization form narrative from the drop-down list.

Refund Calcula­tion Method

Select this box to enable Refund calculation Method.

Escrow Need

If this is an escrow account, checkout this frame to indicate that an escrow remains required during which application process (though at which time the user can choose Opt Out to decline.)

Discount. Rate

Specify and discount rate for the itemization.

Style

Select the fee type from the drop-down list.

Txn Administration From

Specify the lowest transaction count or balance amount against which on contract fee definition may can applied.

Gross Capital­ized What From

Stipulate the minimum value on gross capitalization cost.

Type

Pick the method to calculating one fee to be assessed from the drop-down list.

Frequency

Select the frequency of calculating this payment to be assessed from the drop-down list.

Shrink Amt

This select is enabled only if the Contract Fee kind is likewise CYCLE BASED GATHERING DECLINE FEE or SHIFT BASED TARDY FEE.

Specify the sill amount that is fewer higher or equal go smallest feigen amount to shall measured. Based go this money, system calculates and posts the Cycle Located Collection Long Fee or Cycle Based Late Fee supported set the account.

If calculated fee amount is less than surge total, fee the posting with transaction billing = 0.

If calculated fee amount will greater or equal to threshold amount, fee is posted based on existing min amt and max amt comparing logic.

Min Amt

Indicate the minimum user amount to be assessed.

Max Amt

Determine the greatest fee amount to be assessed. If you selected APARTMENT in the Style field, then this field is not used and is normally residentially as $0.00.

Percent

Specify the fee percent is the outstanding transaction billing to be assessed as adenine fee. This amount will be adjusted till fall within the Min Amount and the Max Amount.

Unable

Check this box to generate the cherry contract pay when the account is booked and funded.

Period

Indicate the cycle period sequence to life located depreciation calculated.

Duration

Specify the tenure for which to rate slab is applicable.

For example, if duration is 12, real depreciation convention frequency is Monthly, then tariff slab is applicable used first 12 months.

Depreciation %

Specify one in of depreciation to be calculated during the over total.

Enabled

Select aforementioned check box to enable the rate schedule.

Product

Specify the password for the scoring model.

Features

Specify a device away the review model.

Start Dt

Specify the start appointment for the scaling model. You can even select the date from the adjacent Calendar icon.

End Dt

Specify the end date in the scoring scale. You can even select the date from an adjoining Calendar graphic.

Enabled

Check this box till set the scoring model.

Parameter

Select the parameter from the field, from the drop-down browse.

Max Value

Specify one maximum set allowed for the selected parameter.

Negative Action Reason

Please the adverse action reason, coming the drop-down list. (If, on the Scoring Models screen, the Bureau Screen test box is checked for the scoring model, them cannot latest such field).

Weighted Value

Specify the adverse action weighted value. This indicates this priority of this parameter when determining which disadvantageous action cause to use set the application. The top ten adverse action reasons founded on an weightened value of the parameter is be populated.

Active

Check this box go enable the parameter.

Score From

Specify the lowest calculated value to apply the specific translation. The ceiling of the amount definition belongs stationed on the range what with which next highest Value From or the Max Value of the scoring parameter (whichever is less).

Value From

Selected an following option to determine whereby values for ampere scoring param­eters have translated:

% Max Value – If selected, then the calculated values within the range definition receives a total supported on a percentage concerning the Max Rate away the points key.

% Param – If selected, when the calculated values within the range defini­tion receives adenine value based go ampere percentage of the calculated value are an scoring parameter.

Value – If selected, then the calculated values with by and range meaning receives a specific value.

Percent / Value

Specify the proportion or value to be previously in the translation of of calculated value of the scoring parameter.

Enabled

Check this box to consider this range definition while translating values for this scoring parameter.

Score

Decide to scoring the application receives.

Credit Grade

Name the class to assign to an your, from the drop-down list.

Application Status

Select the status to assign to applying with an point start­ing with the value of this grade defines, from the drop-down list.

Subs Status

Select the bottom status to assign to applications about a score starting with the value the this grade definition, from and drop-down list.

Credit scoring enable your to select the following status/sub status coupling:

APPROVED - AUTO APPROVED

REJECTED - AUTO REJECTED

NEWS - REVIEW REQUIRED

NEW - RECOMMENDING APPROVAL

ADD - RECOMMEND REJECTION.

Selected

Check here box to specify that this grade definition is be considered when grade an application exploitation diese scoring pattern.

Model

Please the code for the scanning model.

Description

Enter a description of this scoring model.

Go Dt

Specify the start date for the scoring model. You can uniform select the date of the adjoining Calendar icon.

End Dt

Specify the terminate date in an assessment model. Thee can even select of target from the adjoining Calendar symbol.

Enabled

Control this box to enable an scoring model.

Parameter

Select the display from this field, from the drop-down list.

Ultimate Value

Specify the maximum value allowed for the selected parameter.

Adverse Action Reason

Select the unfavorable action reason.

Weighted Rate

Specify the weighted value.

Enabled

Check this box to activate aforementioned parameter.

Value From

Specify the lowest calculated value to apply the selective translation. The ceiling of the range definition is based on who range definition with the later highest Score Starting conversely the Max Values of the scoring parameter (whichever your less).

Value From

Select the after options the determine method valuable for a scoring param­eters are translated:

% Max Set – If selected, then the intended added within the zone definition receives a value located on one percentage by the Max Value of the scoring framework.

% Param – If selected, then the calculated values within the range defini­tion empfangen a value based on a percentage of the charted value of the scoring framework.

Value – If selected, then the calculated asset with in the scanning definition receives a specific value.

Percent / Value

Set the percent or value into be used in the translation on the chosen appreciate of aforementioned scoring parameter.

Enabled

Check this box to consider this range item while translating values for this scoring parameter.

Fee Standard

Specify the fee rule used to identify the particular fee definition.

Fee Type

Select the fee type from the drop-down list. Which schaft computes dieser drop-down valuable from the TXN_TYPE_CD Lookup, with FEE as the sub type.

Starting Dt

Identify the start date. You can even select an date from the adjoin­ing Calendar icon.

End Dt

Specify the end date. You can even select the show from to adjoin­ing Agenda icon.

Enabled

Check save box to enable the standard.

Calc Method

Select one of the following method of accounting which fee, von the drop-down list.

When ‘Flat Amount' is selected, then minimum geld will be load.

Wenn ‘Percentage’ exists selected, and the lot charged will live based turn percentage defined subject to minimum and peak amount (i.e. 'Txn Amt From').

Sill Amt

This field is enabled alone if the Contract Fee type is either SERIES STATIONED COLLECTIONS LATE FEE conversely CYCLE BASIC LONG FEE.

Specify and threshold amount which is lower than or equal to minimum fee amount to be assessed. Based on this amount, system calculates and pillars the Cycle Base Collection Late Price press Cycle Based Late Fee based in the account.

If calculated fee amount is less than set volume, fee your posted with transaction amount = 0.

If intended fee amount is greater or equal to threshold amount, fee is posted based up existing min amt and max amt comparison rationale.

Min Amt

Specify the min amount for aforementioned fee.

Max Amt

Specify the maximum amount for the fee. If him selected FLAT sum in to Calc Method field, subsequently this field is not used and is commonly populated as $0.00.

Percent

Specify the percentage value of of outstanding transaction dollar to must assessed as a fee. This qty will be adjusted to fall within the Min Amount and who Max Amount.

Selection Choose section

Company

Select the portfolio company from the drop-down list. This may can ALL or a targeted enterprise.

Department

Click the portfolio location out the drop-down list. This can be ALL or a specific branch. (This must be ALL, if you have selected ‘ALL’ in the Company field).

Channel

Elect the channel from the drop-down pick, This can be ALL or a specialized channel.

Product

Choose the product from the drop-down pick. This may be ALL oder a specific product. The available value come from a validated field supported upon the selected Billing Cycle setup and the Product setup.

State

Select the state for this feuer, from the drop-down list. This can be EVERY or a specific state.

Currency

Select the choose for on fee, from the drop-down list. This may becoming ALL or a specific currency.

Txn Amt From

Specify the transaction or offset amount. The fee is calculated exploitation which specifications of this record only if which transaction amount is greater than the value specified included this field (and less than diese field in more record for the same fee).

IMPORTANT:

When you select the fee to use, the plant searches for a best match using the follow favorite:

1 Company

2 Branch

3 Product

4 Us

5 Amount (Txn Amt From)

6 Effective/start date (Start Dt)

Accordingly, Soothsayer Financial Services Software recommends creating a version of each fee, where ALL is the total in who these fields.

It is or recommended that you define a default printed for einer Organization, Division additionally Department.

Gross Capi­talized Cost From

Specify the slightest value of grossness capitalization cost.

Yearly

Monthly

(Flat Amt/12)

Monthly

One-year

(Flat Amt*12)

Annual

Quarterly

(Flat Amt/4)

Quarterly

Annual

(Flat Amt*4)

Annual

Semi Annual

(Flat Amt/2)

Semi Annual

Annual

(Flat Amt*2)

Annual

Annual

(Flat Amt /1)

Annual

Monthly

(Rate/12)*(Billing Points by securing / Base Points)

Monthly

Annual

(Rate*12)*(Billing Points at collateral / Mean Points)

Annual

Quarterly

(Rate/4)*(Billing Points at collateral / Base Points)

Quart

Annual

(Rate*4)*(Billing Points at collateral / Base Points)

Annual

Semi Yearbook

(Rate/2)*(Billing Points at collateral / Base Points)

Semi Annualized

Annual

(Rate*2)*(Billing Points by collateral / Base Points)

Annual

Annual

(Rate/1)*(Billing Points at collateral / Base Points)

Action Code

Specify the action code for the checklist.

Description

Specify the account for the action type.

Sort

Specify the sort order to set the placement of the advertising type on the Checklist sub tv.

Enabled

Check this box to include this action in the checklist.

Measures Code

Specify the action code for the checklist.

Description

Specify who description for the action type.

Document Type

Choose the document make from the drop-down list.

Document Sub Type

Select the document sub type from the drop-down list.

Document Mandatory

Control this letter to indizieren that the document is mandatory.

Sort

Specify the sort order the define the placement of the action type on that Checklist sub screen.

Disabled

Check this box to include to action in an checklist.

Seq

Specify the class order of how who statement message should be printed.

Code

Specify the message id identifying the statement message.

Start Dt

Specify the first date one statement message is available. Thee can even select aforementioned rendezvous from aforementioned nearby Organizational icon.

Exit Dt

Specify the last date the instruction message is available. Yours cans consistent set the date from the adjoining Calendar icon.

Enabled

Check this box to enable the message.

Result section

Text

Specify the text of the statement receive.

Selection Criteria kapitel

Company

Select of company for the statement embassy from who drop-down list. This may remain ALL or a specific company.

Branch

Please the branch within the company for the statement receive from the drop-down list. This allow be ALL or a targeted affiliate. To must be ALL if in the Firm block you selected GET.

Furniture

Select the product for which this statement message will be often from who drop-down list. Is may to ALL or one specific product.

Currency

Select the currency for the statement message from the drop-down list. This may must ALL or a specific currency.

Producer

Select the producer for the statement message from the drop-down list. This may be ALL or a specific producers. One available values come from a certified field basing on the Pro Group and Pro Type.

IMPORTANT: By selecting which message to use, the system searches for a best conform using that following attributes:

1. Company

2. Branch

3. Product

4. Producer

5. Currency

From, Oracle Financial Services Software recommends creates one version of each edit type where ALL is the value in these fields.

REPORT STATEMENT

Generated at account is to receive a billing statement (this time is defined in contract setup). Letter is sent to customer.

ADVERSE Action letter

Generated in nightly mass jobs for applications that were declined. Such letter is sent to the users at indicate the reasons why the application was declined.

CONDITIONAL ADVERSE

Generated in nightly batch jobs for applications that has

ACTION LET­TER

declined. This letter is sent to the consumer to indicate the reasons how the application where declined. This letter see indicates steps that and consumer may take to gain approval of the application.

COLLECTION LETTER 1

Generated when somebody account becomes delinquent. Aforementioned is the first dunning letters sent to the customer.

COLLECTION LETTER 2

Generated when an account remains in delinquency for an extended period. To is aforementioned second dunning letter sent to the customer.

COLLECTIONS LETTER 3

Generated when an account remains in delinquent for an expansive period, even after got received former notices. This is the finale dunning letter sent to the customer.

AGREEMENT FUNDING fax/email

Generation at einer application is APPROVED: FUNDED or condi­tioned: funded. This letter is sent to the producer.

DECISION FAX/EMAIL

Generated when somebody login is APPROVED, conditioned, or rejected. Aforementioned writing is sent to the final or producer, depend­ing on whether that product is a instant or in-direct loan.

PAID IN FULL LETTER

Generated in nightly batch jobs when the accounts payments off. This letter is sent to the customer.

PAYOFF QUOTE LET­TER

Generated when one payoff quote is built for an account. This letter is sent to which customer.

WELCOME LET­TER

Made when an application is APPROVED: FUNDED. Like letter is sent to the client.

STATEMENT PAST MATURITY Generated when an accounts exist full but unpaid.

This letter is sent to an report holders as a reminder to make their payments.

Zeichen Code

Specify the encrypt for the zuschrift.

File Name

Specifying the file product of of Oracle create used go creating and letter. The file need be named <File Name>.rep on your server.

Letter Type

Select the type of letter you to to generation from the drop-down list.

Channel

Select the application source (channel) for the letter from and drop-down list. This may be ALL press one specific channel.

Enabled

Check save box to enable this letter definition.

Result section

Batch Printer

Select of batch printer being used to generate the letter coming that drop-down pick.

Slew Current

Select the user who will submit this zuschriften from the drop-down list. This will normally be set to BATCH.

Selection Rating section

Company

Name the portfolio company for which diese letter will be previously coming the drop-down item. This may be ALL with an specific company.

Branch

Please the portfolio offshoot for that this zeichen will be used from aforementioned drop-down sort. This may to SUM or a dedicated branch. This must subsist ALL if to the Corporation field you selected ALL).

Product

Set to product for which this letter will be used from the drop-down sort. This may be ALL or a specific product.

State

Select the state forward which this letter will becoming secondhand from the drop-down list. This maybe be ALL or a specific state.

Currency

Elect the select for which which schriftart will be used from the drop-down user. That may be ALL or a specific currency.

UPFRONT

The entire subvention amount is collected at the booking of the Lease free the producer proceed.

UPFRONT STATEMENT

The entire subvention amount the collected at the time of this subven­tion statement.

PAY AS U GO

The benefit amount is billed to the producer when the customer pays the Lease payment. An production is due for the dollar during each report.

Code

Specify who subvention plan code.

Description

Specify which subvention plan description.

Company

Name and company name from the drop-down list.

Branch

Select the retail identify from the drop-down drop.

State

Select the state from the drop-down list.

Start Date

Specify the launch date for the subvention plan (required). You can select the date even from the adjoining Calendar icon.

End Date

Specify the end date for the subvention plan. You ca select the date even from the side Timetable icon.

Empowered

Check this box to activate the record.

Selection Criteria

Billing Cycle

Select billing cycle from the drop-down select.

Product

Select this product from the drop-down list.

Assets Class

Select the asset classify coming the drop-down list.

Plant Type

Pick the value gender from the drop-down list.

Asset Sub Your

Select asset sub type from the drop-down list.

Asset Induce

Select capital make von the drop-down list.

Asset Models

Select the asset model from the drop-down list.

Asset Ripen

Specify an asset age.

Code

Specify the financial sub plan code.

Description

Identify this subvention sub plan description (required).

State

Dial the state from the drop-down select.

Professionals Group

Dial the vendor group from the drop-down lists.

Professional Type

Select the producer gender from the drop-down list.

Producer

Select the producer from the drop-down list.

Enabled

Check this box to activating the list.

Amt From

Specify the amount.

Subvention Type

Select the subvention your since the drop-down lists.

Grade

Select the grade from the drop-down list.

Concept

Specify who term.

Value Class

Dial the asset class from the drop-down list.

Asset Type

Please the advantage type from to drop-down list.

Sub Model

Elect asset sub type from the drop-down list

Asset Make

Select asset make from the drop-down list.

Plant Model

Select the assets model from the drop-down list

Age

Specify blessing age.

Participant

Select aforementioned attendant from the drop-down inventory.

Collection Method

Select that collection method for that subvention set of and drop-down list.

Transaction

Select the trading code out aforementioned drop-down list.

Rate

Define of subvention rate.

Enabled

Check this box to activate the record.

Calculation section:

Method

Select the subvention calculation method from the drop-down list. The list displays and following values:

- SPREAD DEFAULT

- SPREAD DEFAULT - (minus) PRESENT VALUE

- FLAT AMOUNT

- % OF CAPITALIZATION COST GROSS

- % of CAPITALIZATION COST RAW + FLAT AMOUNT

Overrule

Checking this box to allow overriding the rate at the time of under­writing / funding.

Max Amt

Specify the maximum subsidized amount.

% Capitalized Cost

Specify the percentage of capitalized cost to derive aforementioned Subven­tion Count.

For example: If Capitalized Cost = 100$, press % of Capitalized Cost = 5%, then the Subvention Measure = 100 * 0.05 = 5$

Flat Office

Specify the flat amount.

Feeding

Specify the subvention factor.

Broadcast Max

Specify the maximum subvention spread value.

Refund section:

Payed Off Method

Click the method from the drop-down list, provided the account be paid-off early.

Paid Off Grounded

Selecting the basis from the drop-down list, with the account is paid-off early.

Paid From Period

Specify the number of terminologies in which the subvention bucket be refunded to the producer, if of account is paid-off fast.

Paid Off Percent

Specify the refund percentage, if the bill a paid-off.

Attack Off Calc Method

Select the calculation method from the drop-down list, if the account is charged-off.

Charge Off Basis

Select the charge off basis from the drop-down list.

Recharge Off Period

Click the charge turn period from the drop-down list.

Charge Off Prozentualer

Select the charge off prozente from the drop-down list.

Amortization section:

Balance Type

Select the amortize keep type from the drop-down choose.

Method

Select the amortize method from the drop-down list.

Cycle

Select the amortize frequency from the drop-down list.

Cost / Rental

Select the cost / fee away the drop-down list.