Siebel eFinance Guide > Products and Pricing > Administrator Procedures >

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 a fee and conditions for a product

  1. From the application-level menu, choose View > Site Map > Product Administration > Product Administration.
  2. Select the product for which to set fees.
  3. In the More Info form, from the Show drop-down list, select Fees and Conditions.
  4. In the Fees and Conditions list, add a record and complete the necessary fields.
  5. 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. From the application-level menu, choose View > Site Map > Product Administration > Product Administration.
  2. Select the product for which you want to set fees.
  3. In the More Info form, from the Show drop-down list, select Rates and Conditions.
  4. 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.
  5. 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.

 Siebel eFinance Guide 
 Published: 20 October 2003