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In this course, you will be introduced to Retail Accounts with the mention of some
basic and important Property Classes
Slide 2
Overview of Arrangement Accounts
Slide 3
Accounts - Product Management
Product
Savings and Current products with eligibility checks based on customers.
Types
Tax on
Tax conditions can be defined for interest and Charges on accounts.
Interest
Account
Dormancy of accounts and reactivation supported.
Inactivity
Slide 4
Account Management
Account
Customer accounts (Savings, Current)
types
Account
Check digit validations, IBAN compliant, Legacy account number storage facility.
Numbering
Multi-
Accounts are currency specific which can handle multi-currency transactions.
Currency
Image and Customer Images, Signature and Documents required to open accounts can be
Document collected and stored as a digital copy.
Balance Stores various balances – ledger balance, cleared balance and working balance .
updates All of these are updated online.
Accruals and
Capitalization Accrual and capitalization of debit and credit interest can be defined.
Slide 5
Arrangement Accounts – Product overview
Eligible
Negotiable
products /
Default product
Non
Negotiable
Arrangement
Conditions
Arrangement
Account
Product
Tracking
Conditions
Arrangement
Account
Non Tracking
Eligibility
Interest Interest
expense Income
Arrangement
Account
Charge Charge
Income Income
Slide 6
Arrangement Account Dependencies – Product Related
Slide 7
Model Bank Product Groups and Products
Slide 8
Workshop - 1 Creation of an Accounts Arrangement
Slide 9
Workshop – 1- Solution Creation of an Accounts Arrangement
Slide 10
Workshop – 1- Solution Creation of an Accounts Arrangement
Slide 11
Workshop – 1- Solution Creation of an Accounts Arrangement
Slide 12
Workshop – 1- Solution Creation of an Accounts Arrangement
Slide 13
Understanding the Arrangement Overview
User Menu > Retail Operations > Account Arrangement > Account Arrangement
Label Description
Arrangement Contract reference
Slide 14
Understanding the Arrangement Overview
User Menu > Retail Operations > Account Arrangement > Account Arrangement
Label Description
Limit Reference Limit Product and Serial
Number
Manage Limit Set to Yes if AA manages the
underlying Limit
Single Limit Indicates that this limit cannot
be shared by other
arrangements. Will always be
Yes if AA manages the LIMIT
Slide 15
Understanding the Arrangement Overview
User Menu > Retail Operations > Account Arrangement > Account Arrangement
Label Description
Ledger Cleared Balance + Uncleared
Balance funds
Cleared All authorised Credits and
Balance Debits (only cleared funds=no
future exposure dated credits
included)
Working Cleared Balance +
Balance Unauthorised Debits
Available Limit Overdraft Available
Overdraft
Slide 16
Understanding the Arrangement Overview
User Menu > Retail Operations > Account Arrangement > Account Arrangement
Label Description
Financial AVAILABLE Balance multi-
Summary value set from ACCOUNT
Record
Locked Funds Enquiry on
AC.LOCKED.EVENTS and
“New” Icon
Accruals Interest accruals till date
Slide 17
Understanding the Arrangement Overview
User Menu > Retail Operations > Account Arrangement > Account Arrangement
Label Description
Activity Log Lists all Current and Pending Activities
Slide 18
Understanding the Arrangement Overview
User Menu > Retail Operations > Account Arrangement > Account Arrangement
Label Description
New Activity Facilities in Accounts and
amendment of existing Activity
Slide 19
Arrangement Accounts
Application specific Parameters
Slide 20
AA - Tables used for building components
AA.PROPERTY.CLASS
AA.PROPERTY
AA.PERIODIC.ATTRIBUTE.CLASS
AA.PERIODIC.ATTRIBUTE
AA.ACTIVITY.CLASS
AA.ACTIVITY
AA.PRD.DES.<PROPERTY.CLASS>
AA.SOURCE.CALC.TYPE
AA.PROPERTY.CLASS.ACTION
Slide 21
AA - Tables used for building components
Released by Temenos:
AA.PROPERTY.CLASS
AA.PERIODIC.ATTRIBUTE.CLASS
AA.PROPERTY.CLASS.ACTION
AA.ACTIVITY.CLASS
Slide 22
AA.PROPERTY.CLASS
Type
Attributes controlled by TYPE Field Property
Class
CCY, OPT.CCY, DATED, MULTIPLE, MERGE,
FORWARD.DATED, TRACKING, NON.TRACKING ,
TRACKING.ONLY, ARRANGEMENT, TRIGGER Product Line Balance
Prefix
Slide 23
AA.PROPERTY
FORWARD.DATED
PRODUCT ONLY
Future dated properties appear alongside
Details defined at Product level cannot be
current condition as multiple tabs for
viewed or amended at Arrangement Level
negotiation at a later date
RESIDUAL ACCRUAL
SUSPEND Property When interest accrued is greater than
Property can suspend income. Applicable for
Type amount made due, excess amount moved to
INTEREST and CHARGE properties
RES<INTEREST>
SUSPEND OVERDUES
CREDIT
Property can suspend overdue incomes
Null Property (Charge) is payable to customer
Option possible only if SUSPEND also opted
Slide 24
AA.PRD.DES.<Property Class>
Product
Category condition for
Account
Posting
Restrict Currency
Slide 25
AA.PRD.DES.<Property Class>
Slide 26
AA.PROPERTY.CLASS.ACTION
Slide 27
Arrangement Accounts Property
Classes, Properties and Product
Conditions
Slide 28
AA Accounts Property Classes - Overview
Payment
Customer
Schedule
Account Closure
Accounts
Activity
Officers
Restriction
Tax Accounting
Slide 29
Account Property Class
Interest Settlement
Charge
Limit Eligibility
Payment
Customer Schedule
Account Closure
Payment/ Change
Payout Rules
Accounts Product
Activity
Officers
Restriction
Tax Accounting
Balance
Balance
Availability
Maintenance Activity
Activity Charge Override
Mapping Periodic Charges Charges
Slide 30
Customer Property Class
Interest Settlement
Charge
Limit Eligibility
Payment
Customer Schedule
Account Closure
Payment/ Change
Payout Rules
Accounts Product
Activity
Officers
Restriction
Tax Accounting
Balance
Balance
Availability
Maintenance Activity
Activity Charge Override
Mapping Periodic Charges Charges
Slide 31
Limit Property Class
Interest Settlement
Charge
Limit Eligibility
Payment
Customer Schedule
Account Closure
Payment/ Change
Payout Rules
Accounts Product
Activity
Officers
Restriction
Tax Accounting
Balance
Balance
Availability
Maintenance Activity
Activity Charge Override
Mapping Periodic Charges Charges
Slide 32
Interest Property Class
Interest Settlement
Charge
Limit Eligibility
Payment
Customer Schedule
Account Closure
Payment/ Change
Payout Rules
Accounts Product
Activity
Officers
Restriction
Tax Accounting
Balance
Balance
Availability
Maintenance Activity
Activity Charge Override
Mapping Periodic Charges Charges
Slide 33
Settlement Property Class
Interest Settlement
Charge
Limit Eligibility
Payment
Customer Schedule
Account Closure
Payment/ Change
Payout Rules
Accounts Product
Activity
Officers
Restriction
Tax Accounting
Balance
Balance
Availability
Maintenance Activity
Activity Charge Override
Mapping Periodic Charges Charges
Slide 34
Charge Property Class
Interest Settlement
Charge
Limit Eligibility
Payment
Customer Schedule
Account Closure
Payment/ Change
Payout Rules
Accounts Product
Activity
Officers
Restriction
Tax Accounting
Balance
Balance
Availability
Maintenance Activity
Activity Charge Override
Mapping Periodic Charges Charges
Slide 35
Charge Property Class
Interest Settlement
Charge
Limit Eligibility
Payment
Customer Schedule
Account Closure
Payment/ Change
Payout Rules
Accounts Product
Activity
Officers
Restriction
Tax Accounting
Balance
Balance
Availability
Maintenance Activity
Activity Charge Override
Mapping Periodic Charges Charges
Slide 36
Eligibility Property Class
Interest Settlement
Charge
Limit Eligibility
Payment
Customer Schedule
Account Closure
Payment/ Change
Payout Rules
Accounts Product
Activity
Officers
Restriction
Tax Accounting
Balance
Balance
Availability
Maintenance Activity
Activity Charge Override
Mapping Periodic Charges Charges
Slide 37
Payment Schedule Property Class
Interest Settlement
Charge
Limit Eligibility
Payment
Customer Schedule
Account Closure
Payment/ Change
Payout Rules
Accounts Product
Activity
Officers
Restriction
Tax Accounting
Balance
Balance
Availability
Maintenance Activity
Activity Charge Override
Mapping Periodic Charges Charges
Slide 38
Closure Property Class
Interest Settlement
Charge
Limit Eligibility
Payment
Customer Schedule
Account Closure
Payment/ Change
Payout Rules
Accounts Product
Activity
Officers
Restriction
Tax Accounting
Balance
Balance
Availability
Maintenance Activity
Activity Charge Override
Mapping Periodic Charges Charges
Slide 39
Change Product Property Class
Interest Settlement
Charge
Limit Eligibility
Payment
Customer Schedule
Account Closure
Payment/ Change
Payout Rules
Accounts Product
Activity
Officers
Restriction
Tax Accounting
Balance
Balance
Availability
Maintenance Activity
Activity Charge Override
Mapping Periodic Charges Charges
Slide 40
Activity Restriction Property Class
Interest Settlement
Charge
Limit Eligibility
Payment
Customer Schedule
Account Closure
Payment/ Change
Payout Rules
Accounts Product
Activity
Officers
Restriction
Tax Accounting
Balance
Balance
Availability
Maintenance Activity
Activity Charge Override
Mapping Periodic Charges Charges
Slide 41
Accounting Property Class
Interest Settlement
Charge
Limit Eligibility
Payment
Customer Schedule
Account Closure
Payment/ Change
Payout Rules
Accounts Product
Activity
Officers
Restriction
Tax Accounting
Balance
Balance
Availability
Maintenance Activity
Activity Charge Override
Mapping Periodic Charges Charges
Slide 42
Balance Availability Property Class
Interest Settlement
Charge
Limit Eligibility
Payment
Customer Schedule
Account Closure
Payment/ Change
Payout Rules
Accounts Product
Activity
Officers
Restriction
Tax Accounting
Balance
Balance
Availability
Maintenance Activity
Activity Charge Override
Mapping Periodic Charges Charges
Slide 43
Activity Charges, Charge Override Property Class
Interest Settlement
Charge
Limit Eligibility
Payment
Customer Schedule
Account Closure
Payment/ Change
Payout Rules
Accounts Product
Activity
Officers
Restriction
Tax Accounting
Balance
Balance
Availability
Maintenance Activity Charges
Activity
Periodic Charges Charge Override
Mapping
Slide 44
Periodic Charges Property Class
Interest Settlement
Charge
Limit Eligibility
Payment
Customer Schedule
Account Closure
Payment/ Change
Payout Rules
Accounts Product
Activity
Officers
Restriction
Tax Accounting
Balance
Balance
Availability
Maintenance Activity Charges
Activity
Mapping Periodic Charges Charge Override
Slide 45
Activity Mapping Property Class
Interest Settlement
Charge
Limit Eligibility
Payment
Customer Schedule
Account Closure
Payment/ Change
Payout Rules
Accounts Product
Activity
Officers
Restriction
Tax Accounting
Balance
Balance
Availability
Maintenance Activity
Activity Charge Override
Mapping Periodic Charges Charges
Slide 46
Balance Maintenance Property Class
Interest Settlement
Charge
Limit Eligibility
Payment
Customer Schedule
Account Closure
Payment/ Change
Payout Rules
Accounts Product
Activity
Officers
Restriction
Tax Accounting
Balance
Balance
Availability
Maintenance Activity
Activity Charge Override
Mapping Periodic Charges Charges
Slide 47
Tax Property Class
Interest Settlement
Charge
Limit Eligibility
Payment
Customer Schedule
Account Closure
Payment/ Change
Payout Rules
Accounts Product
Activity
Officers
Restriction
Tax Accounting
Balance
Balance
Availability
Maintenance Activity
Activity Charge Override
Mapping Periodic Charges Charges
Slide 48
Officers Property Class
Interest Settlement
Charge
Limit Eligibility
Payment
Customer Schedule
Account Closure
Payment/ Change
Payout Rules
Accounts Product
Activity
Officers
Restriction
Tax Accounting
Balance
Balance
Availability
Maintenance Activity
Activity Charge Override
Mapping Periodic Charges Charges
Slide 49
Payment / Payout Rules Property Class
Interest Settlement
Charge
Limit Eligibility
Payment
Customer Schedule
Account Closure
Payment/ Change
Payout Rules
Accounts Product
Activity
Officers
Restriction
Tax Accounting
Balance
Balance
Availability
Maintenance Activity
Activity Charge Override
Mapping Periodic Charges Charges
Slide 50
Customer, Officers & Activity Mapping
Slide 51
Customer – Arrangement features
Slide 52
CUSTOMER Property Class
Payment
Account
Schedule
Customer Closure
Accounts
Activity
Officers
Restriction
Tax Accounting
Slide 53
Customer - Property Class
Property
Class
CUSTOMER
Slide 54
Customer – Product Condition
Owner1
Owner
Primary Owner
Owner 2
Other Party
Slide 55
Example Customer Product Condition
Slide 56
OFFICERS Property Class
Payment
Customer
Schedule
Officers Closure
Accounts
Activity
Account
Restriction
Tax Accounting
Slide 57
Officers - Property Class
Property
Class
OFFICERS
Slide 58
Officers – Product Condition
Primary Officer
Main Officer responsible for the Product or Arrangement
Other Officers
Other Officers have specified role
Slide 59
Example - Creating a new Officers Product Condition
Slide 60
Activity Mapping – Links
Transaction Type
AC
Maps to Transaction Code
Using FT.TXN.TYPE.CONDITION
FT.TXN.TYPE.CONDITION
Slide 61
ACTIVITY.MAPPING Property Class
Payment
Customer
Schedule
Accounts
Activity
Account
Restriction
Tax Accounting
Slide 62
Activity Mapping - Property Class
Property Class
ACTIVITY.MAPPING
Attributes:
Balance Prefix
DATED, MERGE NIL
TRACKING.ONLY
Slide 63
Activity Mapping - Product Condition
Transaction
Payments and withdrawals in Account arrangements initiated through
Account based applications like FT, TELLER
Transactions triggered through Transaction Codes
Transaction Codes of other applications that trigger AA activities specified
Transaction Activity
Activity performed in an arrangement when a movement with associated
Transaction Codes is posted from FT, Teller etc.
Slide 64
Example - Creating Activity Mapping Product Condition
Slide 65
Quiz – Answer the following
Slide 66
Accounts
Slide 67
ACCOUNT.CLASS
Slide 68
Arrangement References
Arrangement Number
Definitive, Unique reference of the Arrangement
Account Number
Is typically the reference number given to the Customer (i.e., Cheque Book)
Internally, is also the GL reference of the Arrangement
Structure and validation configured in COMPANY
AA.ARRANGEMENT.ACTIVITY Reference
Key to an “Activity” done on an arrangement.
Slide 69
ALT.ACCT.PARAMETER
Slide 70
ALT.ACCT.PARAMETER settings
Slide 71
ALT.ACCT.PARAMETER in Arrangement
Slide 72
Constraints /Maintenance
Slide 73
Constraints– REFERAL
Slide 74
Constraints – POSTING.RESTRICT
Slide 75
Account Maintenance - Inactive Flag & Reset Inactive Flag
Slide 76
Account - Property Class
Property
Class
ACCOUNT
Slide 77
Account – Product Condition
Category
Accounts use Customer type of Account Category codes
Range 1000 to 9999
Must be Non-contingent, avoid ranges meant for Nostro, Vostro
Posting Restrict
Pre defined Posting restrictions used
Debits or Credits or all transactions could be set to attract overrides
Slide 78
Account – Product Condition
Currency
Currency of Arrangement
Defaulted from Currency of New Arrangement Activity
Cannot be changed after authorisation of arrangement
Slide 79
Account – Product Condition
Date Convention
Schedule for non-working days
Forward; Backward; Forward Same Month; Calendar
Date Adjustment
Value - All schedule events calculated on Value Date of Arrangement
Period - Every schedule event calculated on previous schedule date
Not applicable when Date Convention is Calendar
Anniversary
Stores the Anniversary Date of the arrangement
Slide 80
Account – Other features
REFERAL
Must be an existing code in REFERAL table
Account details / details of entries referred in EOD report
MANDATES
Supported through EB.MANDATE application
Currently supported only for Corporates, not Retail
INACTIVE MONTHS
Period in months for deciding inactivity
Can be set as negotiable at arrangement level
Slide 81
Account – Other features
Origination Reference
Possible to indicate external reference identifier
Slide 82
Workshop – Creating a Referal condition
Slide 83
Solution - Creating a Referal condition
Slide 84
Workshop – Creating a new Account product condition
Use Admin Menu > Product Builder > Product Conditions > ACCOUNT
Create a new Product Condition
Set the following rules:
Use Category Code 6001
Set Base Date Type to AGREEMENT
Fill in ACCOUNT.TITLE and SHORT.TITLE Fields with title names you
desire
CATEGORY must be NON-NEGOTIABLE
Use the Referral code created in the earlier w/s
All other attributes, by default are Negotiable
Slide 85
Solution - Creating a new Account product condition
Slide 86
Overdraft Limits
Slide 87
Limits
Slide 88
Account – Automatic Creation of Limits
Auto creation of Overdraft Limits possible only for Accounts product line
Slide 89
Creating Limits for Account Arrangements
Input at Product level
Input at Arrangement Level
Yes
Input Limit Ref,
‘NEW’ in Limit serial
and Amount
Creating Auto
Limits
for
Account
Arrangements
New
Single Limit is YES
No.
Existing Limit
Limit auto created,
Enter managed through AA
Limit Ref &
Validated against Serial
Limit application.
If no limit exists, Exp. date,
Single Limit is YES Rev. freq. opt.
Error thrown
Slide 90
Limit Property Class
Payment
Customer
Schedule
Limit Closure
Accounts
Activity
Officers
Restriction
Tax Accounting
Slide 91
Limit – Property Class
Property
Class
LIMIT
Slide 92
Limit – Product Condition
Limit Reference
Input Limit record ID in arrangement
Limit should relate to Primary Owner
Single Limit
Limit for exclusive use of only one arrangement account
Option Yes indicates for only one arrangement, No indicates for use by
any arrangement accounts of same customer
Netting
Option to allow credit balance of an arrangement to be added to overdraft
limit for use in other arrangement accounts using the same Limit
Applicable only for shared Limit
Slide 93
Limit Product Condition for Auto Creation of Limits
Limit Serial
Input ‘NEW’ for automatic creation at product level
Limit Amount
Amount up to which an account can be overdrawn without override
Manage Limit
Yes indicates limit to be managed by AA
Slide 94
Workshop – Creating a Shared Limit Product Condition
Use Admin Menu > Product Builder > Product Conditions > LIMIT
Create a new Product Condition
Limit can be shared. Netting allowed
Set LIMIT.REFERENCE attribute negotiable
All other attributes are not negotiable
Slide 95
Solution - Creating a Shared Limit Product Condition
Slide 96
Workshop – Creating Automatic Overdraft Limit Condition in AA
Use Admin Menu > Product Builder > Product Conditions > LIMIT
Create a new Limit Product Condition
Single Limit alone permitted
Limit Reference Product is 100
Limit serial number as 01
All attributes are negotiable
Slide 97
Solution – Creating Automatic Overdraft Limit Condition in AA
Slide 98
Quiz – Answer the following
Slide 99
Interest
Slide 100
Features of Interest in AA Accounts
Interest Types
Fixed interest
Floating interest
Interest Calculation
Average, highest, lowest for a period
Slide 101
Features of Interest – Tiered Interest rates
Slide 102
Debit Interest link to Limit
Possible to link the first tier amount of debit interest to LIMIT record
Slide 103
Interest Adjustments - Reverse & Replay
Slide 104
Interest Property Class
Payment
Customer
Schedule
Account Closure
Accounts
Activity
Officers
Restriction
Tax Accounting
Slide 105
Interest – Property Class
Property
Class
INTEREST
Attributes:
Balance Prefix
DATED, CCY, MULTIPLE, ACC, DUE
TRACKING,
FORWARD.DATED
Slide 106
Interest – Product Condition
Rate
Fixed rate input directly
Floating index – variable base rate tied to BASIC.INTEREST
Margin Type
Single / Multiple
Margin Operand
Add / Subtract from floating rate
Margin Rate
Spread
Slide 107
Interest – Product Condition
Slide 108
Interest – Product Condition
Tier Amount
Relates to RATE.TIER.TYPE Field
Amounts can be entered if either BAND or LEVEL selected
Tier Percent
Relates to RATE.TIER.TYPE Field
Allows a percentage of the principal to be allocated a specific rate or be
linked to a rate table
Either Tier Amount or Tier Percentage can be opted for Band based
calculation, not both
Slide 109
Interest – Product Condition
Accrual Rule
Include first day for interest accrual
Include last day for interest accrual
Include first and last days for interest accrual
Calculates accrued interest, posts amount using associated accounting rule
Compounding
DAILY, WEEKn, Mnn, TWMTH, Nnnn
Slide 110
Interest – Product Condition
Calculation Threshold
Minimum balance to be maintained below which interest will not be
calculated
Negative Rate
Option to set negative interest rate on accounts in credit
Can set negative interest or it may result due to higher negative spread
If set to NO or NONE and interest rate falls below “0”, Zero interest will be
accrued
If set to YES, negative rate can be input, negative margin can make the
final rate more negative
If set to BLOCK MARGIN, negative effect due to margin not allowed
Slide 111
Interest – Product Condition
Refer Limit
To be marked as Yes, if debit interest link to Limit desired
Only if Limit is managed by AA
Links the first tier amount of debit interest to LIMIT record
Slide 112
Workshop – Fixed Interest settings
Use Admin Menu > Product Builder > Product Conditions > INTEREST
Create a new Product Condition for fixed interest type
Default interest rate is 6%, negotiable not below 5.5% but can go upto 6.5%
with an override if maximum rule is broken
Use Interest Day Basis “B”
Interest accrual to include first and last day
Tier Type is SINGLE
Attributes are negotiable by default
Slide 113
Solution – Setting a fixed Interest rate
Slide 114
Workshop – Floating Interest settings
Use Admin Menu > Product Builder > Product Conditions > INTEREST
Create a new Product Condition for floating interest type
Use BASIC.INTEREST Table 1
A default margin of 0.5%, negotiable down but not below 0.25%. Also make
the upper limit 0.75% but can be allowed beyond with an override
Minimum and Maximum rates are 7% and 9% respectively
Use Interest Day Basis “C”
Interest accrual to include Last Day
Tier Type is SINGLE
Negative interest effect due to margin not allowed
Attributes are negotiable by default
Slide 115
Solution – Floating Interest rate settings
Slide 116
Workshop – Overdraft Interest settings
Use Admin Menu > Product Builder > Product Conditions > INTEREST
Create a new Product Condition for Overdraft Account with auto Limit
Default interest rate for level 1 is 5%,
Default interest rate for level 2 is 5.5%
Use Interest Day Basis “B”
Interest accrual to include first and last day
Refer Limit to be marked as Yes
Attributes are negotiable by default
Slide 117
Solution – Setting an Overdraft Interest rate
Slide 118
Solution – Setting an Overdraft Interest rate
Slide 119
Charges
Slide 120
Summary of Charge Property Classes
Slide 121
Charge and Activity Charges – Other features
Activity Charges
Charge applied when Activity is performed
Can be billed or deferred or capitalised
Scheduled Charges
Charge applied on a particular day according to payment schedule e.g.
Deposits Annual fee
Can be billed or deferred or capitalised
Slide 122
Charge – Other features - Scheduled Charges
• Frequency defined
Defined in a Payment • Charge Property Attached
Schedule • Payment Schedule attached
to Product
Slide 123
Charge – Other features - Break Rule Charges
Defined in specific
Product Conditions • Under Periodic Rules tab
Slide 124
Activity Charges – other features
• Links an Activity to a
Charge Property
Separate • Flat Charge
Property Class • Charge based on Balance
Type In
AA.SOURCE.CALC.TYPE
• Activity Charge Property
with its condition
In Product • Charge Property (linked
Condition to Activity Charge
Product Condition) with
its condition
Slide 125
Charge link to Limit
Slide 126
CHARGE and ACTIVITY CHARGES Property Classes
Payment
Customer
Schedule
Account Closure
Accounts
Activity
Officers
Restriction
Tax Accounting
Slide 127
Charge – Property Class
Currency is optional
Property
Class
CHARGE
Attributes:
Balance Prefix
DATED, OPT.CCY, ACC, PAY,
MULTIPLE, TRACKING, DUE
FORWARD.DATED
Slide 128
Charge – Product Condition
Charge Type
Fixed or Flat
Charge amount should be set
USD 50; GBP 30, etc
Calculated
Calculated on specified balances
2% on Transaction amount, 3% on Commitment amount, etc
Charge Currency
Currency of charge property
Charge will be calculated for the charge property
Amounts calculated rounded based on Currency of CHARGE property
Can be different from currency defined in Id of the Product condition
Tiered charges
Level, Banded, Groups
Slide 129
Charge – Product Condition
Calculation Type
Flat
Charge amount should be set - USD 50; GBP 30, etc
Zero charge acceptable
Percentage
Calculated on specified balances - 2% on Transaction amount
Unit
Multiplication factor to arrive calculating charge - USD 2 per transaction
Charge Rate
Rate at which charge calculated
Mandatory for Percentage Calculation Type
Charge Amount
Amount of charge
Amount will be multiplied when Calculation type is UNIT
Mandatory for Flat and Unit Calculation Type
Minimum and Maximum Charge Amount can be set for each tier
Cannot be input for Flat Calculation type
Slide 130
Charge – Product Condition
Calculation Threshold
Base amount below which charge amount will not be calculated
Free Amount
Deduction allowed on calculated charge
e.g. reduce USD 10 from calculated charge
Slide 131
Activity Charges – Property Class
Property
Class
ACTIVITY.
CHARGES
Attributes:
Balance Prefix
DATED, TRACKING, NIL
FORWARD.DATED
Slide 132
Activity Charges – Product Condition
Charge Property
Charge property triggered when activity is triggered
Period
Method
Due
Defer
Capitalise
Slide 133
Activity Charges – Settlement Related
Settle Activity
Repayment activity to be triggered when there is UNC
Auto Settle
Option Yes will fetch settlement account
If option No, will not settle through settlement property
Slide 134
Workshop – Setting a Fixed Charge
Use Admin Menu > Product Builder > Product Conditions > CHARGE
Create a new Product Condition
Set the following rules
Fixed Charge of USD 10
All Attributes are negotiable by default
Slide 135
Solution – Setting a fixed charge
Slide 136
Workshop – Setting of a Calculated Charge
Use Admin Menu > Product Builder > Product Conditions > CHARGE
Create a new Product Condition
Set the following rules
Charges in USD
No charges for transaction amount up to 3,000
2% for transaction amount up to 20,000 with a minimum of 100
Additonally1.5% for transaction amount beyond 20,000 and up to 50,000
with a minimum of 500
Additionally 1% for transaction amount over 50,000 subject to a minimum
of 800 and maximum of 2,000
All Attributes are negotiable by default
Slide 137
Solution – Setting of a Calculated Charge
Slide 138
Workshop – Setting up Mixed Charges
Use Admin Menu > Product Builder > Product Conditions > CHARGE
Create a new Product Condition
Set the following rules
Charges to be collected in USD.
Flat Charge of 5 for transaction amount upto 500.
Flat Charge of 10 for transaction amount upto 5,000.
Additionally 0.20 % for transaction amount beyond 5,000 and upto 25,000
Additionally 0.10% for transaction amount over 25,000
All Attributes are not negotiable by default.
Slide 139
Solution – Setting up Mixed Charges
Slide 140
Workshop – Setting up Activity Charges
Use Admin Menu > Product Builder > Product Conditions >
ACTIVITY.CHARGES
Create a new Product Condition
Set the following rules
1) Charge to be levied when an accounts arrangement is closed
The Charge Property is ACCHARGE
This Fee is to be capitalised on occurrence of activity
2) Charge to be levied during International ATM withdrawal
The Charge Property is TXNFEE
This fee is to be deferred
All Attributes are not negotiable by default
Slide 141
Solution – Setting up an Activity Charge
Slide 142
Charge Override Property Class
Payment
Customer
Schedule
Account Closure
Accounts
Activity
Officers
Restriction
Tax Accounting
Slide 143
Charge Override – Property Class
Attributes:
Balance Prefix
DATED, TRIGGER, NIL
NON. TRACKING
Slide 144
Charge Override – Product Condition
Charge Amount
User input activity triggers an activity charge / periodic charge
On committing the activity, system defaults charge amount in arrangement
If more than one charge for the same activity is attached, user can
modify / waive all
Slide 145
Workshop – Setting a Charge Override
Use Admin Menu > Product Builder > Product Conditions >
CHARGE.OVERRIDE
Create a new Product Condition
Set the following:
Charge Property - ACCCHARGE to be indicated under Property
Charge Type is periodic
All Attributes are negotiable by default
Slide 146
Solution – Setting up a Charge Override
Slide 147
Periodic Charges Property Class
Payment
Customer
Schedule
Account Closure
Accounts
Activity
Officers
Restriction
Tax Accounting
Slide 148
Periodic Charges – Property Class
Currency is optional
Property
Class
PERIODIC.
CHARGES
Slide 149
Periodic Charges features
Slide 150
Types of Periodic Charges
Slide 151
Periodic Charges – Product Condition
Currency
Mandatory input
Can be different from arrangement currency
Can be multi-valued for minimum / maximum
Minimum / Maximum
Can be input currency wise
Waive charge
To be marked as Yes for total waiver
Charge / Activity
Charge property and activity to be defined
Can be multi-valued
Slide 152
Periodic Charges – Product Condition
DEFERRED CHARGE
Activity charge / Rule break charge / Activity restriction charge
APP.METHOD set to DEFER in respective properties
Charge property that are deferred and to be made due can be multi-valued
INC.ALL.DEF.CHGS
Instead of defining the above field
On the scheduled date whether all the deferred charges to be made due
To be marked as Yes
On scheduled date system clubs all deferred charges to raise a single bill
Slide 153
Workshop - Setting up a Periodic Charge
Use Admin Menu > Product Builder > Product Conditions >
PERIODIC.CHARGES
Create a new Product Condition for collecting periodic charges
Set the following:
Currency for charge is USD
A minimum charge of 15 and a maximum charge of 65 to be set
Charge Property CHEQUEWD to be attached to activity ACCOUNTS-
ENCASHCHQ-ARRANGEMENT
(for this charge, input COUNT in source balance)
HIGHESTDEBIT to be defined for next charge property
(for this charge, input DRMAXIMUM in source balance)
All Attributes are negotiable by default
Slide 154
Solution – Setting up a Periodic Charge
Slide 155
Quiz - Match the Following
Slide 156
Tax Property Class
Payment
Customer
Schedule
Account Closure
Accounts
Activity
Officers
Restriction
Tax Accounting
Slide 157
Tax – Property Class
Property
Class
TAX
Slide 158
TAX – Product Condition
Property Class
Tax can be collected currently for Interest and Charge
Tax Code
Tax table with rate for computation of tax for associated property class
Either TAX.CODE or TAX.CONDITION allowed
Tax Condition
Valid TAX.TYPE.CONDITION
Either TAX.CODE or TAX.CONDITION allowed
Slide 159
TAX – Product Condition
Property
Property on which Tax is calculated
Tax can be collected currently for Interest and Charge properties
Slide 160
Workshop – Setting Tax on Savings Account Interest
Use Admin Menu > Product Builder > Product Conditions > TAX
Slide 161
Solution - Tax on Savings Account Interest
Slide 162
Payment Schedule – Product Condition
Scheduled Recalculation
Automatically at predefined frequency
weekly, monthly, yearly, etc.
Slide 163
Payment Schedule, Settlement of
Dues and Payment Rules
Slide 164
PAYMENT.SCHEDULE Property Class
Payment
Customer
Schedule
Accounts
Activity
Account
Restriction
Tax Accounting
Slide 165
Payment Schedule – Property Class
Property
Class
PAYMENT.
SCHEDULE
Attributes:
Balance Prefix
DATED, CCY, NIL
FORWARD.DATED
Slide 166
Payment Schedule – Product Condition
Payment Types:
ACTUAL - Repayment of calculated property classes - Interest, charge
Payment Methods :
DUE - Amount is Due to or from customer
CAPITALISE - Capitalise the amount
PAY – Amount paid to customer
Payment frequency
Frequency at which payments will be made due
Applicable for Payment Type
Due frequency
Not applicable for Accounts product, payment frequency defaulted
Slide 167
Payment Schedule – Product Condition
Actual amount - for Adhoc payments, actual amount for each payment
date to be defined
Overrides the calculated amount
Start date and End date fields can accept not only an absolute date but
also a ‘relative’ date
Slide 168
Defining relative dates
Slide 169
Payment Schedule – Product Condition
Recalculation types
Slide 170
Payment Schedule – Product Condition
Slide 171
Payment Schedule – Billing features
Billing
Slide 172
Workshop - Scheduling Quarterly Interest Payment
Use Admin Menu > Product Builder > Product Conditions >
PAYMENT.SCHEDULE
Create a new Product Condition
Interest to be paid quarterly on the first Monday
Interest payment to start from a day after the initial deposit is made
All attributes are negotiable
Commit the record
Slide 173
Solution – Scheduling Quarterly Interest Payment
Slide 174
Workshop - Scheduling Payment for Current Account
Use Admin Menu > Product Builder > Product Conditions >
PAYMENT.SCHEDULE
Create a new payment schedule Product Condition for Current accounts
Interest to be set for payment semi-annually for credit interest and monthly
for debit interest
Periodic charge – LEDGERFEE to be scheduled monthly
Both interest and charge to be made due
Bills must not be combined
All attributes are negotiable
Commit the record
Slide 175
Solution – Scheduling Payment for Current Account
Slide 176
Workshop - Scheduling Payment for Premium Account (Bundle)
Use Admin Menu > Product Builder > Product Conditions >
PAYMENT.SCHEDULE
Slide 177
Solution – Scheduling Payment for Premium Account (Bundle)
Slide 178
Settlement of Dues
Slide 179
Settlement of Dues / Payout
Slide 180
Settlement – Activity Class – PAY-IN Activity
PAYIN-ACTIVITY
Activity to source the payment amount from Pay-in Account
To be left blank if sourced from non-arrangement Account
If sourced from Arrangement Account:
ACCOUNTS-DEBIT-ARRANGEMENT
DEPOSITS-APPLYPAYMENT-PO.DEPOSIT
PAYIN-SETTLE-ACTIVITY
Activity triggered to apply the payment received
ACCOUNTS-APPLYPAYMENT-ACCOUNTS.PAYMENT.RULES
DEPOSITS-APPLYPAYMENT-PR.DEPOSITS
LENDING-APPLYPAYMENT-PR.REPAYMENT
Slide 181
Settlement – Activity Class – PAY-OUT Activity
PAYOUT-ACTIVITY
Activity triggered for applying payment in Pay-out Account
To be left blank if paid into a non-arrangement Account
If paid to an Arrangement Account:
ACCOUNTS-CREDIT-ARRANGEMENT
DEPOSITS-CREDIT-ARRANGEMENT
PAYOUT-SETTLE-ACTIVITY
Activity triggered to pay the property PAYBALANCE
ACCOUNTS-APPLYPAYMENT-ACCOUNTS.PAYOUT
DEPOSITS-APPLYPAYMENT-PO.DEPOSITS
Slide 182
SETTLEMENT Property Class
Balance
Settlement
Availability
Account Closure
Accounts
Officers Eligibility
Tax Accounting
Slide 183
Settlement – Property
Property Class
SETTLEMENT
Slide 184
Settlement Instruction - Receive
Payment Type
Link between Payment Schedule and Settlement property
Can be sub valued for different types of Interest, Charges
Pay-In Activity
Activity run to pay out funds when the receiver is an Arrangement
Slide 185
Settlement – Receive Funds
Slide 186
Settlement – Receive funds – ACCOUNT.DEBIT.RULE
Full – Debit Pay-In account with full bill amount, irrespective of funds
If funds available partially, overdraft created for short amount
None – Pay-In account not debited unless funds are available to settle
the bill in full
Slide 187
Settlement Instructions – Pay Out
Payout Activity
Activity run when the receiver of funds is another arrangement
Slide 188
Settlement Processing in Different Currencies
Slide 189
Settlement of Direct Debits
Payment Type
Can hold any payment type defined in payment schedule
Slide 190
Workshop – Settlement Instructions
Use Admin Menu > Product Builder > Product Conditions >
SETTLEMENT
Slide 191
Solution – Settlement instructions
Slide 192
Payment Rules Property Class
Payment
Customer
Schedule
Account Closure
Accounts
Activity
Officers
Restriction
Tax Accounting
Slide 193
Payout Rules Property Class
Payment
Customer
Schedule
Account Closure
Accounts
Activity
Officers
Restriction
Tax Accounting
Slide 194
Payment Rules & Payout Rules – Property Classes
Property Class
PAYMENT RULES
PAYOUT RULES
Attributes:
Balance Prefix
DATED, MULTIPLE, NIL
TRACKING
Slide 195
Payout Rules & Payment Rules – Product Condition
Property sequence
Specifies the property sequence in which balances will be affected during
repayment
Must be a valid property of Interest, Charge or Principal amount
Slide 196
Payout Rules Definition
Slide 197
Workshop – PAYMENT RULES Setting
Use Admin Menu > Product Builder > Product Conditions >
PAYMENT.RULES
Create a new Product Condition
Choose Application Type as BILL.PROPERTY
Earliest bills to be paid first
Pay off Bills in the following order:
Properties : DRINTEREST
Remainder Activity - ACCOUNTS-CREDIT-ARRANGEMENT
Bills not to be processed before due date
All Attributes are not negotiable by default
Slide 198
Solution - PAYMENT RULES Setting
Slide 199
Workshop – PAYOUT RULES Setting
Use Admin Menu > Product Builder > Product Conditions >
PAYOUT.RULES
Create a new Product Condition
Choose Application Type as DEPOSIT.RULE.PAYOUT
Pay off Bills by Property in the following order:
Properties : CRINTEREST
Earliest bills to be paid first
All Attributes are not negotiable by default
Slide 200
Solution – Payout rules setting
Slide 201
CHANGE.PRODUCT Property Class
Payment
Customer
Schedule
Accounts
Activity
Account
Restriction
Tax Accounting
Slide 202
Change Product - Overview
Property
Class
CHANGE.
PRODUCT
Slide 203
Change Product – Product Condition
Allowed Product
Products to which switch is allowed
If left blank switch is permitted to all products within the product group
Slide 204
Change Product – Product Condition
Change Activity
Activity applicable is CHANGE.PRODUCT
Change to Product
Product to which arrangement to switch to on a date or a period
Slide 205
Change Product – Product Status
Slide 206
Workshop – Change Product relative to birth date of Customer
Use Admin Menu > Product Builder > Product Conditions >
CHANGE.PRODUCT
Slide 207
Solution – Change Product relative to birth date of Customer
Slide 208
Balances and Availability
Slide 209
Dates in Accounting Entries
Booking date
Date on which accounting entry is generated.
In a live situation, Booking date is System run date
Value date
Date on which entry is to be given value for interest purposes
Can be input while originating transaction or defaulted from
TRANSACTION Table
Exposure date
Date on which entry can be drawn against
Present in Credit entries or Debit entries which are reversals of Credit
entries
Can be input while originating transaction or defaulted from TRANSACTION
Table
Slide 210
Account Balances
AA Balances
CURBALANCE – Ledger Balance (EB.CONTRACT.BALANCES)
Working balance
Value of cleared balance and unauthorised debit entries. Useful for limits
Available balance
Maintained as a ladder to show date wise cash flow in an account, includes
Forward dated entries produced by contract applications and STO
Slide 211
Balances
Slide 212
AA.SOURCE.CALC.TYPE
Source calculation
Fields CALC.START.DAY & CALC.END.DAY defines days for
calculation period
Slide 213
AA.SOURCE.CALC.TYPE
MONTHLY
Applicable only for Interest
Calculated balance for each month, not supported for Charge
MONTHLY Options:
Average Monthly – similar to average, average balance split by month
Highest Monthly – similar to highest, highest balance split by month
Lowest Monthly – similar to lowest, lowest balance split by month
PROPERTY
Based on Property, calculated on highest / lowest / average / daily balances
TXN.AMOUNT
Based on Activity, calculated on transaction amount
Slide 214
Balance Availability Property Class
Payment
Customer
Schedule
Balance
Closure
Availability
Accounts
Activity
Officers
Restriction
Tax Accounting
Slide 215
Balance Availability Property Class
Can define settings for available balance updates and credit check
Property Class
BALANCE.
AVAILABILITY
Slide 216
BALANCE.AVAILABILITY Property Class
Slide 217
Balance Availability – Notice Withdrawal
Slide 218
Balance Availability – Available Balance
Slide 219
Workshop – Balance Availability, Notice Settings
Use Admin Menu > Product Builder > Product Conditions >
BALANCE.AVAILABILITY
Create a new Product Condition
Set the following rules:
Notice amount is 50000
Notice period required is 3 days
Balance kept available for 2 days
Credit check to be made on available balance for both debits and credits
All other attributes, by default are Negotiable
Slide 220
Solution - Balance Availability, Notice Settings
Slide 221
Eligibility
Slide 222
Eligibility
Slide 223
Types of Eligibility
Types of eligibility:
Customer must be less than 18 (student)
Customer must be over 18, a local resident, full time employed
Customer must be a corporate local resident
Customer must be a foreigner (Non-resident)
Customer’s salary must be above 2M USD per annum
Slide 224
Establishing Eligibility
Establishing eligibility
Filter the Product Catalogue to show only the products that the customer is
eligible for
Check the customer’s eligibility during “New Arrangement” activity
Slide 225
Eligibility - Features
Slide 226
Launch the T24 Toolbox by double clicking the icon.
Creating rules for Eligibility
Slide 227
Launch the T24 Toolbox by double clicking the icon.
Creating rules for Eligibility
Slide 228
Launch the T24 Toolbox by double clicking the icon.
Creating rules for Eligibility
Slide 229
Launch the T24 Toolbox by double clicking the icon.
Creating rules for Eligibility
Slide 230
Result of Eligibility Failure at Arrangement
Slide 231
Inheritance in conjunction with Eligibility
Parent
Child
Slide 232
Customer Pricing
Slide 233
ELIGIBILITY Property Class
Balance
Eligibility
Availability
Account Closure
Accounts
Officers Eligibility
Tax Accounting
Slide 234
Eligibility – Property
Property
Class
ELIGIBILITY
Slide 235
Eligibility
Slide 236
Evaluate and Change product based on Eligibility
• ACCOUNTS-EVALUATE.ELIGIBILITY-ARRANGEMENT
• Creates next schedule for eligibility review, evaluate
1 • Customer static change and periodic evaluation
Slide 237
Eligibility product conditions
Eligibility rules
Rule applicable from Rules engine – multi value
Eligibility Failure type – Error / override
Review Failure Action – Change Product / Ignore
Currency
Currency specific rules, applicable from same Rules engine- multi value
CCY Eligibility failure type – Error / override
Review CCY failure action - Change Product / Ignore
Periodic review
Review frequency mandatory
Static Review
Slide 238
Workshop – ELIGIBILITY Product Condition
Use Admin Menu > Product Builder > Product Conditions >
ELIGIBILITY
Create a new Product Condition
Opt for CUSTOMER.AGE.LT.18 rule and IS.LOCAL.RESIDENT rule from
the rules engine
Both rules should throw an error if eligibility check fails
Change Product is the option on review of eligibility for both
Opt for static review
Default product for Savings Account is SAVINGS.DEFAULT
Slide 239
Solution - Eligibility product condition
Slide 240
Quiz – Answer the following
1. Which is the only balance type (Balance property) that can be marked
for a change in asset type under AC.BALANCE.TYPE
CURBALANCE
Slide 241
Restriction of Activities and
Transaction Rules
Slide 242
Periodic Attributes Rules
Slide 243
AA.PERIODIC.ATTRIBUTE.CLASS
Property
Released by TEMENOS to define Actions and Attributes for any Class
underlying Property and Product condition
Action
AA.PROPERTY.CLASS whose condition Periodic
uses the periodic rule Attribute
Comparison
Type Class
ACTIVITY.RESTRICTION, ACCOUNT,
CHARGE, INTEREST and TERM.AMOUNT
ACTION for AA.PROPERTY.CLASS Data Type
Routine
RECEIVE, REDEEM, INCREASE,
DECREASE ……
Periodic
Attribute
Slide 245
AA.PERIODIC.ATTRIBUTE
Periodic Attribute
Time Element
Slide 247
Periodic Attribute Class - Activity Restriction Property Class
Slide 248
Periodic Attribute Class - Activity Restriction Property Class
Balance Related:
MAXIMUM BALANCE
Restrict transaction by checking any balance type, specifying an amount
MINIMUM BALANCE
Restrict transaction by checking any balance type, specifying an amount
Slide 249
Periodic Attribute Class - Interest & Charge Property Class
Slide 250
Workshop - Periodic Attribute for Decrease in Interest Rate
Use Admin Menu > Product Builder > Additional Settings > Periodic
Attributes > INTEREST Property Class
Set a Periodic Attribute for decrease in Interest Rate during any 1 year
period. Rule to be applied with effect from start of arrangement
Slide 251
Solution – Periodic Attribute for Decrease in Interest Rate
Slide 252
Workshop – Periodic attribute for Minimum Credit in an Account
Use MB Admin Menu > Product Builder > Additional Settings > Periodic
Attributes > Activity Restriction Property Class > Minimum Initial
Balance
Set a Periodic Attribute for Minimum Initial Credit for life of the Product.
Slide 253
Solution – Periodic attribute for Minimum Credit in an Account
Slide 254
Activity Restrictions and Transaction
rules
Slide 255
Activity Restriction
Periodic Rules
Enables definition of rules with a time element
Slide 256
Activity Restriction Types
Balance Rules
Transaction Amount
Transaction Count
Slide 257
Activity Restriction – Scheduled Interest / Charge related
Slide 258
ACTIVITY.RESTRICTION Property Class
Payment
Customer
Schedule
Activity
Closure
Restriction
Accounts
Activity
Account
Mapping
Tax Accounting
Slide 259
Activity Restriction – Property Class
Attributes:
Balance Prefix
DATED, CCY, MULTIPLE, NIL
TRACKING,
FORWARD.DATED
Slide 260
Activity Restriction Property
Rule based
Run
Rule Activity based
Run
Rule
Property based
Slide 261
Activity Restriction product condition – Rules tab related
Rule Name
Any name as desired
Any number of rules can be multi-valued
Periodic Attribute
Valid record from AA.PERIODIC.ATTRIBUTE
Balance
Balance type on which rule should apply
Value
Actual value of the balance type
Slide 262
Activity Restriction product condition – Activity tab related
Slide 263
Activity Restriction product condition – Property tab related
Property
Interest / Charge properties defined in Payment Schedule
Evaluation
Break – Breaking the rule
Satisfy – Satisfying the rule
Evaluation Result
Apply Interest / charge property amount
Waive Interest / charge property amount
Alternate Property
Slide 264
Workshop - Setting restrictions in Current Accounts
Use Admin Menu > Product Builder > Additional Settings > Periodic
Attributes > ACTIVITY.RESTRICTION –
TRANSACTION.COUNT.TOTAL > New Condition
Create a Periodic Attribute applicable for any one month period, in an
Arrangement to restrict total no. of transactions
Use Admin Menu > Product Builder > Additional Settings > Periodic
Attributes > ACTIVITY.RESTRICTION – MINIMUM.BALANCE > New
Condition
Create a Periodic Attribute applicable for life of an Arrangement to restrict
minimum balance in the account
Use Admin Menu > Product Builder > Product Conditions >
ACTIVITY.RESTRICTION
Define a rule for maintaining minimum daily balance of 50 under periodic
attribute MINIMUM.BALANCE and for maximum cheque withdrawals of 5.
LEDGERFEE charge is waived when both the previously defined rules are
satisfied.
All attributes are set as negotiable
Slide 265
Solution - Setting restrictions in Current Accounts
Slide 266
Solution - Setting restrictions in Current Accounts
Slide 267
Workshop – Setting restrictions in Notice Accounts (a)
Use Admin Menu > Product Builder > Additional Settings > Periodic
Attributes > ACTIVITY.RESTRICTION –
TRANSACTION.AMOUNT.TOTAL > New Condition
Create a Periodic Attribute applicable for monthly repeating periods starting
with calendar date to restrict total transaction amount
Use Admin Menu > Product Builder > Additional Settings > Periodic
Attributes > ACTIVITY.RESTRICTION – MAXIMUM.BALANCE > New
Condition
Create a Periodic Attribute applicable for life of an Arrangement to restrict
maximum balance in the account
Use Admin Menu > Product Builder > Additional Settings > Periodic
Attributes > ACTIVITY.RESTRICTION –
TRANSACTION.COUNT.TOTAL > New Condition
Create a Periodic Attribute applicable for a rolling monthly periods to restrict
transaction counts in the account
Slide 268
Solution - Setting restrictions in Notice Accounts (a)
Slide 269
Workshop – Setting restrictions in Notice Accounts (b)
Use Admin Menu > Product Builder > Product Conditions >
ACTIVITY.RESTRICTION
Create a new Product Condition for Notice accounts
Defining a rule for minimum initial balance of 1000 while crediting an
arrangement
If minimum opening balance goes below 1,000, an override is to be
generated and MINBALFEE is collected for breaking the rule
Define maximum balance not to exceed 2M, when exceeded, an error is to
be generated
Restrict the total cash withdrawals amount to 5000 when cash withdrawals
occur within monthly periods defined. When the rule is broken, no credit
interest is to be paid to the customer for the period
Assess whether the maximum transaction count does not exceed zero for
cash withdrawals. When rule is not broken, bonus is to be paid to the
customer
All Attributes are negotiable by default
Slide 270
Solution - Setting restrictions in Notice Accounts (b)
Slide 271
Solution - Setting restrictions in Notice Accounts (b)
Slide 272
Workshop – Setting restrictions in Savings Accounts
Use Admin Menu > Product Builder > Product Conditions >
ACTIVITY.RESTRICTION
Slide 273
Solution - Setting restrictions in Savings Accounts
Slide 274
Solution - Setting restrictions in Savings Accounts
Slide 275
Workshop – Setting restrictions in Student Accounts
Use Admin Menu > Product Builder > Product Conditions >
ACTIVITY.RESTRICTION
Slide 276
Solution - Setting restrictions in Student Accounts
Slide 277
Workshop – Setting restrictions in Staff Accounts
Use Admin Menu > Product Builder > Product Conditions >
ACTIVITY.RESTRICTION
Slide 278
Solution - Setting restrictions in Staff Accounts
Slide 279
Quiz – Answer the following
Slide 280
Account Closure
Slide 281
Arrangement Closure
Slide 282
Closure Property Class
Payment
Customer
Schedule
Account Closure
Accounts
Activity
Officers
Restriction
Tax Accounting
Slide 283
Closure – Property
Property
Class
CLOSURE
Attributes:
Balance Prefix
DATED, TRACKING
Slide 284
Arrangement Closure
Slide 285
Arrangement Closure
Slide 286
Closure – Product Condition
Closure Type
BALANCE - When all balances become Zero, closure activity is scheduled
Closure Method
Valid options are Automatic, Manual and Online
Specifies whether closure processing would be triggered automatically or
manually or Online
Closure Period
Indicates when CLOSURE activity would be processed for Automatic
closure
Posting Restrict
Specifies the account closure posting restriction code
Slide 287
Workshop - Automatic closure
Use Admin Menu > Product Builder > Product Conditions > CLOSURE
Create a new Product Condition
Closure to happen automatically on balances becoming zero
Period for processing is 10 days
Posting restriction code is 90
All attributes are negotiable by default
Slide 288
Solution – Automatic closure of Account
Slide 289
Workshop - Online closure of Account
Use Admin Menu > Product Builder > Product Conditions > CLOSURE
Create a new Product Condition
Closure to happen Online
Period for processing is nil
Posting restriction code is 90
All attributes are negotiable by default
Slide 290
Solution – Online closure of Account
Slide 291
Quiz – Answer the following
2. Payment rules are used when Bank pays dues to Customer and Payout
rules are used when Customer pays dues to Bank
a) True
b) False
Slide 292
Building Banking Products:
Retail Accounts Arrangements
Slide 293
Workshop - Creation of an Accounts Product Group
Use Admin Menu > Product Builder > Products > Product Lines –Accounts
Create a new Product Group with the following Settings:
PROPERTY CLASS PROPERTY MANDATORY
ACCOUNT BALANCE YES
ACCOUNTING ACCOUNTING YES
ACTIVITY.MESSAGING MESSAGING
ACTIVITY.MAPPING ACTIVITY.MAPPING YES
ACTIVITY.CHARGES ACTIVITY.CHARGES
ACTIVITY.PRESENTATION PRESENTATION
CUSTOMER CUSTOMER YES
INTEREST CRINTEREST
DRINTEREST
LIMIT LIMIT
OFFICERS OFFICERS
CHARGES ACCCHARGE
TXNFEE
CHEQUEWD
PAYMENT.SCHEDULE SCHEDULE
ACTIVITY.RESTRICTION AR.ACCOUNT
CLOSURE CLOSURE YES
BALANCE.MAINTENANCE BALANCE.MAINTENANCE
BALANCE AVAILABILITY BALANCE.AVAILABILITY
ELIGIBILITY ELIGIBILITY
CHANGE.PRODUCT CHANGE.PRODUCT
CHARGE.OVERRIDE CHARGE.OVERRIDE
PERIODIC.CHARGES LEDGERFEE
TAX TAX
PAYMENT.RULES ACCOUNTS.PAYMENT.RULES
PAYOUT.RULES ACCOUNTS.PAYOUT
SETTLEMENT SETTLEMENT
Slide 294
Solution – Creation of an Accounts Product Group
Slide 295
Solution – Creation of an Accounts Product Group
Slide 296
Workshop – Creation of a Default Accounts Product
Use Admin Menu > Product Builder > Products > Product Lines –
Accounts > Product Groups
Create a default Product under Product Group created in previous Workshop
with the following settings:
contd....
Slide 297
Workshop – Creation of a Default Accounts Product
Slide 298
Solution – Creation of a Default Accounts Product
Slide 299
Solution – Creation of a Default Accounts Product
Slide 300
Workshop – Creation of a Parent Account Product
Use Admin Menu > Product Builder > Products > Product Lines –
Accounts > Product Groups
Create a Parent Product under Product Group created in previous Workshop
with the following basic settings:
Slide 301
Solution – Creation of a Parent Account Product
Slide 302
Workshop – Creation of a Current Account (child) Product
Use Admin Menu > Product Builder > Products > Product Lines –
Accounts > Product Groups
Create a child Current Account Product under Parent Product created in
previous Workshop with the following settings:
PROPERTY PRODUCT CONDITION ARRANGEMENT LINK
Slide 303
Solution – Creation of a Current Account (Child) Product
Slide 304
Solution – Creation of a Current Account (Child) Product
Slide 305
Accounts Arrangement
Slide 306
Workshop - Creating an Accounts arrangement
Use User Menu > Retail Operations > Account Arrangement > Account
Arrangement - Product Catalog > Retail Accounts > Product Groups >
Your Product Group > Your Product
Create an Arrangement for your Customer for the Product published in
previous Workshop
Look at the Account Schedule. Are interest definitions for debit and credit
available. Check if, Ledgerfee set for periodic charge is also defined
Click on the settlement tab. Payin and Payout accounts of the customer are
to be fed in
Commit the Arrangement
Accept overrides, if any
Get the record authorised
Slide 307
Solution - Creating an Accounts arrangement
Slide 308
Account Activities and Transactions
Slide 309
Financial Activities
Payments from and into an AA Account can be done through ACCOUNT related
applications
Slide 310
Workshop – Transfer between Arrangement Accounts
Use User Menu > Role based Home Pages > Retail Operations >Home
Page – Customer Service Agent > Payments/Accounts Transfer
Slide 311
Solution – Transfer between Arrangement Accounts
Slide 312
Workshop – Transfer between Accounts in different currencies
Use User Menu > Role based Home Pages > Retail Operations > Home
Page – Customer Service Agent > Payments / Accounts Transfer
Slide 313
Solution – Transfer between Accounts in different currencies
Slide 314
Workshop – Payment of Arrangement loan
Use User Menu > Role based Home Pages > Retail Operations > Home
Page – Customer Service Agent > Payments / Accounts Transfer
Slide 315
Solution – Payment of Arrangement loan
Slide 316
Workshop – Funding of a Deposit Arrangement
Use User Menu > Retail Operations > Deposits Transactions >
Arrangement Activities (FT) > AA Deposit - Fund
Slide 317
Solution – Funding of a Deposit Arrangement
Slide 318
Workshop – Back dated credit in an Arrangement
Use User Menu > Role based Home Pages > Retail Operations > Home
Page – Customer Service Agent > Payments / Accounts Transfer
Slide 319
Solution – Back dated credit in an Arrangement
Slide 320
Solution – Back dated credit in an Arrangement
Slide 321
Solution – Back dated credit in an Arrangement
Slide 322
Workshop – Eligibility checking in Retail account
Use Admin Menu > Product Builder > Product Conditions > ELIGIBILITY
Pick out the Children record
View eligibility settings in Children account
Use User Menu > Retail Operations > Product Catalog > Retail Accounts
> Product Groups > Savings Account > Savings Account (Notice)
Verify how they work at arrangement level when you open an arrangement for a
person above 18 years and a customer who is a foreigner
Slide 323
Solution – Eligibility product condition
Slide 324
Solution – Checking eligibility in an arrangement
Slide 325
Solution – Checking eligibility in an arrangement
Slide 326
Workshop – Change Product to a different Product Group
Use User Menu > Retail Operations > Find Accounts > Authorised
Pick a Savings Account arrangement
Through New Activity tab, change the product to Current arrangement
account
Observe the error generated
Slide 327
Solution – Change Product
Slide 328
Workshop – Reverse / Replay of back dated entries
Use User Menu > Retail Operations > Find Account > Authorised
Pick an existing arrangement
Input a back dated FT to credit the account with 20,000
Authorise the same
View the activity log through arrangement overview
Slide 329
Solution – Reverse / Replay of back dated entries
Slide 330
Solution – Reverse / Replay of back dated entries
Slide 331
Solution – Reverse / Replay of back dated entries
Slide 332
Workshop – Interim Interest Capitalisation
Use User Menu > Retail Operations > Find Account > Authorised
Pick an existing arrangement account
Note down the Accrued Interest
Initiate the capitalisation activity
Observe the interim capitalisation in arrangement overview
Slide 333
Solution – Interim Interest Capitalisation
Slide 334
Solution – Interim Interest Capitalisation
Slide 335
Solution – Interim Interest Capitalisation
Slide 336
Solution – Interim Interest Capitalisation
Slide 337
Quiz 5 – Choose the correct Answer
Slide 338
Quiz 5 – Choose the correct Answer
Slide 339
Account Facilities & Enquiries
Slide 340
Account Facilities
Issue Card
Manage Card
Issue Cheque
Stop Cheque
Stop Amount
Revoke Stop
Notice withdrawal
Statement Frequency
Update Statement Frequency
Print Passbook
Slide 341
Account Enquiries
Today’s Transactions
Forward Movements
Cheques Issued
Cheques Presented
Stopped Cheques
Revoked Cheques
Slide 342
Passbook related
Slide 343
Workshop – Issue of passbook
User Menu > Product Catalog > Product Groups > Savings Accounts
> Savings Account
Click to create a new savings arrangement
Input the customer number and currency (USD)
Click on Account property
Select ‘Y’ for issue of passbook
Commit, get the arrangement authorised
User Menu > Retail Operations > Find Accounts > Authorised
Fill in your arrangement ID and click on the icon
Choose New Activity tab
Choose activity – ACCOUNTS-UPDATE-BALANCE
Possible to change the value of the Passbook field from ‘Yes’ to ‘No’,
and ‘No’ to ‘Yes’ for the existing arrangement. Both cannot be done on
the same day for the same account
Slide 344
Solution – Issue of Passbook
Slide 345
Solution – Passbook issue - option change
Slide 346
Cheque Facilities & Enquiries
Slide 347
Cheque Issue and Management in T24 – An Overview
Cheques
Credit Card
Slide 348
Cheque Issue link through Arrangement Overview
Issue date, Quantity, starting Cheque number, stock register and series
Id, are recorded
Slide 349
Workshop – View CHEQUE.TYPE and CHEQUE.CHARGE
Use Admin Menu > Retail Administration > Cheques > Cheque Type
View the cheque handling parameter set-up for Current Account product
Use Admin Menu > Retail Administration > Cheques > Cheque Charge
View the CHEQUE.CHARGE for the above Current account Product
Slide 350
Solution – CHEQUE.TYPE
Slide 351
Solution – CHEQUE.CHARGE
Slide 352
Workshop – Receipt of Stock and Viewing Stock Register
Use User Menu > Retail Operations > Cheques > Receipt of Stock
Mention Cheque type as CURR and the Stock series is CURR as the stock
is meant for Current Accounts
Slide 353
Solution – Receipt of Stock and Viewing the Stock Register
Slide 354
Workshop – Create New Arrangement
Use Role Based Home Page > Retail Operations > Home Page –
Customer Service Agent> Product Catalog > Accounts > Current
Account > Current Account
Create a New Current Account Arrangement for your customer
Commit the Record
Get the Record Authorised
Slide 355
Solution – Create New Arrangement
Slide 356
Workshop – Issue of Cheques
Use Role Based Home Pages> Retail Operations > Home Page –
Customer Service Agent > Arrangements> Accounts > Account
Overview > New Activity > Account Facilities
Select the Arrangement account created in the previous workshop
Record a request for issue of 50 cheques
Accept the Overrides
Slide 357
Solution – Cheque Issue
Slide 358
Solution – Account Enquiries – Cheque Issued
Slide 359
Payment Stop
Slide 360
Payment Stop
Slide 361
Workshop – Stop Payment
Use Role Based Home Pages> Retail Operations > Home Page –
Customer Service Agent > Arrangements> Accounts > Arrangement
Overview > New Activity > Account Facilities
Through Enquiry, see the cheques stopped for payment in Current account
Slide 362
Solution – Stop Payment
Slide 363
Workshop – Recording a revoke of stopped cheques
Use Role Based Home Pages> Retail Operations > Home Page –
Customer Service Agent > Arrangements> Accounts > Arrangement
Overview > New Activity > Account Facilities
Slide 364
Solution - Recording a revoke of stopped cheques
Slide 365
Statements
Slide 366
Statement Generation and Enquiries
Slide 367
Workshop – Statement Frequency Set up and Enquiries
Use Role Based Home Page > Retail Operations > Home Page –
Customer Service Agent > Arrangements> Accounts > Authorised
Select an existing Arrangement
Select New Activity and Account Facilities
Choose Statement Frequency
Set Statement Frequency as Monthly
Select Enquiries, View the Statement Entries Today
View Today Transactions
Slide 368
Solution – Statement Frequency
Slide 369
Solution – Statement Frequency
Slide 370
Solution - Enquiries
Slide 371
Forward Movements
Slide 372
Workshop – Forward dated transaction and enquiry
Use User Menu > Retail Operations > LCY Draft Issue/Account
Transfer > Transfer between Accounts
Slide 373
Solution – Forward dated transaction
Slide 374
Solution – Forward movement enquiry
Slide 375
Interest Rate Change
Slide 376
Workshop – Debit Interest rate change
Use Role Based Home Page > Retail Operations > Home Page –
Customer Service Agent > Arrangements > Accounts > Authorised
Select an existing Arrangement
Select “New Activity” Tab and Choose debit interest change activity
Change debit interest rate
Get the change activity authorised
View the change in interest rate through arrangement overview
Slide 377
Solution – Debit Interest rate change in Arrangement
Slide 378
Solution – Debit Interest rate change in Arrangement
Slide 379
Solution – Debit Interest rate change in Arrangement
Slide 380
Retail Account Maintenance
Slide 381
To Change the Customer
ACCOUNT
ACCOUNT,CHANGE.PRIMARY.OWNER Version
Slide 382
To Change the Customer
AA
ACCOUNTS-CHANGE.PRIMARY-CUSTOMER Activity
Slide 383
To Attach Overdraft Limit
ACCOUNT
ACCOUNT,ATTACH.LIMIT.HP Version
Slide 384
To Attach Overdraft Limit
AA
ACCOUNTS-UPDATE-LIMIT Activity
Slide 385
Limit & Overdraft Account Maintenance
Slide 386
Workshop – Create Overdraft Account
Use Role Based Home Page > Retail Operations > Home Page –
Customer Service Agent > Product Catalog > Accounts > Current
Account > Premium Current Account
Create a New Premium Current Account Arrangement for your customer
in USD
Now observe the Limit auto created for 500
Commit the Record and get it Authorized
Through the Command line view the LIMIT record created by the system
Slide 387
Solution – Create Overdraft Account
Slide 388
Solution – View the Limit Record
Slide 389
Solution – View the Account Record
Slide 390
Workshop – Decouple Limit effective today
Use Role Based Home Page > Retail Operations > Home Page –
Customer Service Agent> Arrangements > Accounts
Select the Premium Arrangement account created in the earlier Workshop
Change the Limit from Managed by AA through UNLINK Activity effective
today
Commit the Record and Get it Authorized
Slide 391
Solution – Decouple Limit effective today
Slide 392
Solution – Decouple Limit effective today
Slide 393
Solution – Decouple Limit effective today
Slide 394
Posting Restrict
Slide 395
Workshop – Create Arrangement with POSTING RESTRICT
Use Role Based Home Page > Retail Operations > Home Page –
Customer Service Agent > Product Catalog > Retail Accounts > Current
Account > Fully Negotiable Account
Create a New Fully Negotiable Account Arrangement for a customer
Select “Account” Tab and set the POSTING.RESTRICT as “1” No Debits
allowed for this Arrangement
Commit the Record and
Get the Record Authorised
Slide 396
Solution – Arrangement with Posting Restrict
Slide 397
Solution – Funds Transfer with Posting Restrict
Slide 398
Notice Accounts
Slide 399
Workshop – Create Arrangement - Notice Accounts
Use Role Based Home Page > Retail Operations > Home Page –
Customer Service Agent > Product Catalog > Retail Accounts > Savings
Account Group > Savings Account (Notice)
Create a Notice Account Arrangement for your customer
Notice Period set as 2D, Notice Availability 5D and Notice Amount as
10,000
Commit the Record
Get the Record Authorised
Slide 400
Solution – Notice Account
Slide 401
Workshop – NOTICE WITHDRAWAL
Use Role Based Home Page > Retail Operations > Home Page –
Customer Service Agent > Arrangements> Accounts > Authorised
Select the Notice Arrangement created in the earlier workshop
Record a Notice withdrawal for USD 1000 effective today
Commit the Record
Through Command line type NOTICE.WITHDRAWAL and get the Record
Authorised
Slide 402
Solution – NOTICE.WITHDRAWAL
Slide 403
Demonstration – Notice account withdrawals
User Menu > Role based Home Pages > Retail Operations > Home Page
– Customer Service Agent > Payments / Accounts Transfer
Slide 404
Solution – Notice account withdrawal settings
Slide 405
Solution – Notice account withdrawal beyond available date
Slide 406
Solution – Notice account withdrawal before available date
Slide 407
Solution – Notice account withdrawal within availability period
Slide 408
Locking of Amounts
Slide 409
Account – Locking of funds
Slide 410
Account Maintenance - Lock Funds
Slide 411
Workshop – LOCKED AMOUNT
Slide 412
Solution – Locking of Funds in an Arrangement Account
Slide 413
Account Closure Related
Slide 414
Workshop – CLOSURE OF ARRANGEMENT with Locked Amount
Slide 415
Solution – Closure of Arrangement with Locked Amount
Slide 416
Solution – Closure Activity with Locked Amounts
Slide 417
Solution – Closure of Arrangement – View Status
Slide 418
Workshop – Closure of Arrangement with Zero Balance
Slide 419
Solution – Closure of Arrangement
Slide 420
Solution – Closure of Arrangement
Slide 421
Solution – Closure of Arrangement
Slide 422
Primary Customer Change
Slide 423
Workshop –Primary Customer Change
Slide 424
Solution – Primary Customer Change
Slide 425
Solution – Primary Customer Change
Slide 426
Solution – Primary Owner Change
Slide 427
Eligibility
Slide 428
Workshop – Eligibility Checking
Use Role Based Home Page > Retail Operations > Home Page –
Customer Service Agent> Product Catalog >Retail Accounts > Current
Account Group > Student Account (Child)
Create a New Student Account Arrangement for the above selected
Customer
View the Eligibility Condition
Commit the Record
View the Error Message
Slide 429
Solution – Viewing the Customer Record
Slide 430
Solution - Eligibility
Slide 431
AA Advanced Accounting
Slide 432
AA Accounting –overview
Arrangement Accounting
Activity Events
Accounting
Property Action
Product
Condition Financial
Reporting
Balance 1
Allocation
Balance 2 Rules SPEC.ENTRY
Balance ‘n’
STMT.ENTRY
Update CATEG.ENTRY
Balances
Slide 433
Arrangement Balances - Overview
Slide 434
AC.BALANCE.TYPE
Reporting Type
Contingent, Non-contingent and Internal
Slide 435
Balance Prefix
Slide 436
AC.BALANCE.TYPE
Reporting Types
Contingent - Off-Balance sheet item
Non-Contingent – In Balance Sheet
Internal - Not Reported
Virtual - Sum of specified balances
Activity Update
Option to update historical balance file
Suspend Balance
Option to suspend posting to PL
Slide 437
Linking Balances to Calculations
Slide 438
Linking Balances to Calculations
Slide 439
AA.PROPERTY.CLASS.ACTION
Slide 440
Activities Overview
Slide 441
Activity Class Actions- ACCOUNTS-CHANGE-INTEREST
Update Interest
Slide 442
Activity - ACCOUNTS-CHANGE-CRINTEREST
Update CrInterest
Actions Properties
Slide 443
Accounting Property Class
Payment
Customer
Schedule
Account Closure
Accounts
Activity
Officers
Restriction
Tax Accounting
Slide 444
Accounting - Property Class
Property Class
ACCOUNTING
Attributes:
Balance Prefix
DATED, MERGE, NIL
TRACKING.ONLY
Slide 445
Accounting – Product Condition
PROPERTY Field
Indicates the Property to which following accounting rules apply
Slide 446
Accounting – Product Condition
Accrue Amort
This should be set as AMORT
Accrue Period
Should be set as MATURITY or a valid period to be defined (1M, 1Y)
Slide 447
Accounting Balances and Data
Current balances
ARRANGEMENT EB CONTRACT
ID: Arrangement No.
BALANCES
1 ID: AA Account ID
Arrangement
Master
Current balance amounts STMT.ENTRY
Account No = Arr A/c
Balance Type = Multi Bal Type
1
ACCT
ACCTACTIVITY
ACTIVITY
ACCOUNT ID: Contract/Account
ACCT.BALANCE.ACTIVITY
ID: Contract/Account
[.balance] - YearMonth
ID: Contract/Account
ID: Account [.balance] - YearMonth
* [.balance] - YearMonth CATEG.ENTRY
Hist Balance and mvmt
Working Balance Hist Balance and mvmt Account No = Arr A/c
Hist Balance
By value dateand mvmt
By value date Profit and Loss Movement
By value date
Link to T24 apps
Crf Key Data
Historic Balances Accounting Entries
Interest Calc
SPEC.ENTRY
Deal No = Arr A/c
CRF Type = Multi Bal Type
Slide 448
AC Allocation Rules and AC Posting Detail
Multiple Targets and Contra Targets can be created from same event
Will allow additional movements to be created if required
Target options include P&L, Internal Account, specific Balance Type
Default is balance type supplied with the entry through
AC.POSTING.DETAIL
Slide 449
Accounting entries in AA
Slide 450
AA and Accounting
Suspense
TELLER Processing
Change A/C on Cr
AASUSPENSE
Dr Till entry to14700
Payment
Cr Arrangement Accounting Rules
USD 1,500.00
AA.ARRANGEMENT.ACTIVITY
Dr 14700
STMT.ENTRY CR1 Arrangement
Txn Ref = (Principal)
DR Till $1,500 TT CR2 Arrangement (Interest)
Txn Ref = CRx Arrangement (Charge)
CR 14700 $1,500 TT (Total=1,500.00)
Txn Ref =
DR 14700 $1,500 AA
Activity Log
Txn Ref =
CR1 Arrangement $xxx AA
Txn Ref =
CR2 Arrangement $xxx AA
Transaction Boundary
Txn Ref =
CRx Arrangement $xxx AA
Slide 451
Workshop – Viewing Account & Accounting information
Use Role Based Home Pages > Retail Operations > Home Page –
Customer Service Agent > Product Catalog > Product Groups >
Accounts > Current Account > Current Account
Slide 452
Solution–View Account & Accounting information
Slide 453
Workshop–View Account & Accounting information after FT
Use User Menu > Retail Operations > LCY Draft Issue/Account
Transfer > Transfer between Accounts
Input a Funds transfer for the arrangement created in the earlier workshop
Commit Record, Note the override message, if any
Slide 454
Solution–View Account & Accounting information after FT
Slide 455
Solution–View Account & Accounting information after FT
Slide 456
Workshop – Creation of Charge Property, Balance Types & Allocation rules
Use Admin Menu > Product Builder > Properties > Charge
Create a new CHARGE property
Use Admin Menu > Product Builder > Additional Settings > Balance
Types
Create balance types with prefixes ACC, PAY, DUE for CHARGE property
Use Admin Menu > Product Builder > Additional Settings > Allocation
Rules
Create a new Allocation Rule for the new CHARGE property (You can copy
Accounting Allocation Rule “DEBIT-CHARGE” and change the P&L
Category retaining other details)
Use Admin Menu > Product Builder > Product Conditions > Accounting
Create a new Product Condition and assign the above rule to your
CHARGE property (Copy the existing Product condition and replace the
new allocation rule to your CHARGE property)
Slide 457
Solution – Creation of Charge Property
Slide 458
Solution – Creation of Balance Types
Slide 459
Solution – Creation of new allocation rule
Slide 460
Solution – Creation of new accounting product condition
Slide 461
Workshop – Rebuilding Product group & Product
Use Admin Menu > Product Builder > Products > Deposits
Open your Product Group
Add your CHARGE property to Charge Property Class
Rebuild the Product Group
Use Admin Menu > Product Builder > Products > Deposits > Your
Product Group
Open your Product, add a product condition to your CHARGE property
Replace the existing product condition for ACCOUNTING Property with the
new one you have created
Proof and publish the product
Slide 462
Solution – Rebuilding Product group
Slide 463
Solution – Rebuilding Product
Slide 464
Solution – Proofing & Publishing the Product
Slide 465
Balance Maintenance Property Class
Payment
Customer
Schedule
Account Closure
Accounts
Activity
Officers
Restriction
Tax Accounting
Slide 466
Balance Maintenance - Property Class
Contracts can be taken over from existing legacy system or existing T24
Accounts module into AA module
Property Class
BALANCE
MAINTENANCE
Attributes:
Balance Prefix
DATED, CCY, MULTIPLE NIL
NON.TRACKING,
ARRANGEMENT
Slide 467
Balance Maintenance – Product Condition
Capture Bill
Capture Balance
Adjust Bill
Adjust Balance
Slide 468
Balance Maintenance – Capture Bill
Amounts are made due and then will be aged by processing as part of
the same activity
Slide 469
Balance Maintenance – Capture Balance
Slide 470
Balance Maintenance – ADJUST BILL
Slide 471
Balance Maintenance – ADJUST BALANCE
Slide 472
Balance Maintenance – Write off Bill
Slide 473
Balance Maintenance – Write off Balance
Slide 474
Balance Maintenance – ADJUST ALL
Allows adjustment of bills and non bills related balances in the same
transaction
Balances and amounts can be increased and decreased
Combination of Adjust Bill and Adjust Balance
Slide 475
Balance Maintenance – Others
Take-over Arrangement
Slide 476
Balance Maintenance Activities
Slide 477
Statements / Passbooks
Slide 478
Masking of entries in Statements / Passbooks
Entries generated to make Payments due will continue, but these will
not appear in Customer statement
Accounting movements to move balances from one balance type to another
E.g. CUR to DUE, DUE to GRA
Slide 479
Quiz
Slide 480
Retail Accounts - A Review
In this course, you were introduced to Retail Accounts. Emphasis was given on
some basic and important Property Classes.
Slide 481