Installment Parameters

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  • 8/12/2019 Installment Parameters

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    ParameterName

    Parameter Description/Narrative Qualifiedby

    GGNEXPDTE Dflts a/c dtes in line with expy dtes None

    GGN!TE"#N Earn all instalments over full date ran$eThis parameter controls whether or not to earn instalments

    over the full accounted from/to ran$e% or to earn overindividual instalment ran$es&

    'ompany%(ranch

    GPP"PPT)' "pply Terms of 'reditThis is a 'ore parameter& t controls the level of Terms of'redit processin$ done for nstalments&

    *N* + Never f this parameter is set to *N*% no Terms of 'reditProcessin$ will ta,e place& This overrides the settin$s forGPPNT)'D!% GPPNT)'D- and GPPNT)'DT&

    *!* + !tandard f this parameter is set to *!*% the settin$s forGPPNT)'D!% GPPNT)'D- and GPPNT)'DT will beused to determine if Terms of 'redit Date will be $eneratedwhen instalments are $enerated% and if amendment of theTerms of 'redit Date on the .or, with nstalment screen isallowed& The Terms of 'redit Date will be written to the!tatistics Postin$ Extension file& ** + ser Defined f this parameter is set to **% user hoo,smay be used both when instalments are $enerated and inthe .or, with nstalment screen to control ser specificTerms of 'redit processin$& The Terms of 'redit Date will bewritten to the !tatistics Postin$ Extension file&

    GPPNT)'D! Default Terms of 'redit Due DaysThis parameter holds the default number of days that will beadded to he nstalment 0rom Date to $ive the *Terms of 'reditDue Date*& f GPP"PPT)'% "pply Terms of 'redit% has beenset to *!* for !tandard% this date will always be defaulted

    unless both GPPNT)'DT and GPPNT)'D- are set to *N*and this parameter is set to 1ero% or the Terms of 'redit DueDate has been populated prior to display on .or, .ithnstalments& f this parameter has been set to 2% andGPPNT)'DT has been set to *-* % then the Terms of 'reditDue Date will be defaulted to e3ual the nstalment Due Date%but may be overridden& The settin$ for this parameter will bei$nored if GPP"PPT)' is set to *N* and no Terms of 'reditprocessin$ will ta,e place&

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    ParameterName

    Parameter Description/Narrative Qualifiedby

    GPPNT)'DT Display Terms of 'redit Due Date 4-/N5This parameter controls the display of *Terms of 'redit DueDate* on the .or, with nstalment Details screen& This fieldwill be input capable when the parameter is set to *-*% display

    only if set to *D* or hidden if set to *N*& .hen the field ishidden it will be defaulted to blan,& t is possible to set thisfield by enterin$ a *T)' Due Days*% which then updates theT)' Due Date as the nstalment 0rom Date plus the numberof entered T)' Due Days& This procesin$ will continue tohappen re$ardless of the display attribute of the T)' DueDays field& f the T)' Due Days field is hidden then the datemust be manually entered into the field& To prevent anydefaultin$ of the date both this parameter and GPPNT)'D-should be *N* and GPPNT)'D! set to 1ero& The settin$ forthis parameter will be i$nored if GPP"PPT)' is set to *N*and no Terms of 'redit processin$ will ta,e place&

    GPPNT)'D- Display Terms of 'redit Due Days 4-/N5This parameter controls the display of *Terms of 'redit DueDays* on the .or, with nstalment Details screen& This fieldwill be displayed when the parameter is set to *-*% else it willbe hidden& This field is used to set the *Terms of 'redit DueDate*& The number of days entered in the field will be addedto the nstalment 0rom Date and the T)' Date will beupdated& This will occur re$ardless of whether the fields aredisplayed or not& To prevent any defaultin$ of the date boththis parameter and GPPNT)'DT should be *N* andGPPNT)'D! set to 1ero& The settin$ for this parameter willbe i$nored if GPP"PPT)' is set to *N* and no Terms of'redit processin$ will ta,e place&

    GPPNT)'P6 "llow entry of To' Date for Permanent nstalments

    This parameter determines whether it is possible to updatethe *'redit Terms Due Date* for permanent instalments& Entryof this date for permanent instalments will override the!tandard defaultin$ for "utomatically Generated Premium&

    GGNN!TD7- nstalments Delay Period

    NoneGGN!E"''D se Endorsement date8

    GGNN!!9T 'reate short instalment 4-/N5

    'ompany%

    (ranchGGNN!):7 nstalment dates overlap 4-/N5

    GGNN!T9# Threshold days for combinin$ instalments None

    G.D0TN!T Default nstalments when renewin$ Policy8

    This parameter is used within #enewals Processin$& tdetermines whether the number of nstalments is defaulted

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    from the policy bein$ renewed&

    f set to - 4-es5% the number of instalments will be defaulted tobe the same as that of the policy bein$ renewed&

    f set to N 4No5% the number of instalments will be defaulted

    accordin$ to the terms of the policy bein$ renewed&

    Possible :alues ;*-* + nstalments will be defaulted from the renewed policy&*N* + nstalments will be recalculated from the terms of thepolicy&

    GGN"DP#DDT "d offset days set in system parameterGGND-DD"T when endorsement is authori1ed on orbefore endorsement start date&

    A5 0or mid term endorsements% due date will be set toendorsement authori1e date > offset days set in system

    parameter GND-DD"T when endorsement is authori1edafter endorsement start date&

    B5 nstalment due dates will be set to instalment from date >offset days stored in system parameter GGND-DD"T ifpostin$ is done on or before policy inception date /endorsement start date&

    C5 .hen postin$ is done after policy inception date /endorsement start date then first instalment due date will be

    'ompany%(ranch

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    set to premium postin$ date > offset days stored in systemparameter GGND-DD"T& 7ater instalments due date willbe set to instalment from date > offset days set inGGND-DD"T& "fter applyin$% if later instalments have duedate before the first instalment due date then later instalmentsdue date will be set to first instalment due date&

    GGND-DD"T )ffset Days to Default the Due Date

    This system parameter contains the number of days that willbe used to ad