Siebel Finance Guide > Managing Products and Pricing >

Defining Fees and Rates

The Fees and Conditions view in the Product Administration screen allows administrators to set fees and rates and define conditions for products.

To set fees and conditions for a product

1. Navigate to the Administration - Product screen > Products view.
2. Drill down on the product for which you want to set fees.
3. Click the More Info view tab.
4. On the More Info link bar, click the Fees and Conditions view link.
5. In the Fees and Conditions list, add a record, and complete the necessary fields.
6. Scroll down to the Conditions list, add a record, and complete the necessary fields.

   Some fields are described in the following table.

   Field	Description
   Condition	Condition for the product.
   Maximum Credit Line	Maximum amount allowed for the credit line.
   Minimum Deposit Amount	Minimum amount required in the account for the condition to apply.

To set a rate for a product

1. Navigate to the Administration - Product screen > Products view.
2. Drill down on the product for which you want to set a rate.
3. Click the More Info view tab.
4. On the More Info link bar, click the Rates and Conditions view link.
5. In the Rates and Conditions list, add a record, and complete the necessary fields.

   Some fields are described in the following table.

   Field	Description
   Annual % Rate	Annual Percentage Rate for credit products.
   Annual % Yield	Annual Percentage Yield for deposit products.
   Conditions	Description of the conditions under which the rates are calculated.
   Index Name	Name of the index used.
   Index Rate	Percentage rate of index.
   Maximum Amount	Maximum amount for the product to qualify for the rate.
   Maximum Rate	Maximum interest rate for a product.
   Maximum Term	Maximum term for tiered rates.
   Minimum Amount	Minimum amount for the product to qualify for the rate.
   Minimum Rate	Minimum interest rate for a product.
   Minimum Term	Minimum term for tiered rates.
   Points	Fee equal to 1% of the principal.
   Rate	Rate percentage, calculated by adding Index Rate to Margin/Spread.
   Rate Type	Type of rate.
   Spread	Increase over index rate to determine rate.

6. Scroll down to the Conditions list, add a record, and complete the necessary fields.

   Some fields are described in the following table.

   Field	Description
   Condition	The condition for the product.
   Maximum Credit Line	The maximum amount allowed for the credit line.
   Minimum Deposit Amount	The minimum amount required in the account for the condition to apply.