The Credit Allocation Detail zone shows the results of dynamic credit allocation of an account or one of its obligations. It also allows a user to bring P&I up to date and to forecast P&I to the current date or in the future.
The default is to show the credit allocation detail for all non-closed, non-canceled obligations on the account that support dynamic credit allocation.
An obligation that supports dynamic credit allocation must reference a Determine Detailed Balance algorithm.
Check Include Closed Obligations to include the detail of the closed obligations in the Display Allocation mode. This switch is not applicable when forecasting or updating P&I.
Use the Obligation dropdown and click Display Allocation to restrict the information for a specific obligation. The list of obligations includes closed obligations only if Include Closed Obligations has been checked.
Use the Assessment dropdown and click Display Allocation to restrict the information for a specific assessment for the obligation. An option of No Assessment Grouping is shown in the assessment dropdown if there are any debit financial transactions that are not related to a specific assessment.
Click Forecast P&I to forecast P&I up to the Forecast Date for the display level selected. The date must be on or after the current date and is only applicable for the Forecast P&I button. The date is ignored and reset if the Display Allocation or Update P&I buttons are clicked.
Click Update P&I to bring P&I up to date to the current date for the selected level. The button is not available if the user has drilled down to an assessment because P&I is calculated for the whole obligation.
A message above the grid provides information about the data displayed in the grid. It indicates the Id of the level selected for display (account, obligation or assessment).
If the data displayed is the allocation details or the result after updating P&I, the message indicates the "Calculated through" date; the last date that penalty and interest was calculated. If the display is for the account and the obligations have different Calculate Through dates, the message indicates this.
If the data displayed is forecasted P&I, the message indicates the date to which the data was forecasted.
The grid displays the following rows:
A row for each debt category for which the account / obligation has financial transaction posted.
A row for Unapplied Credits displays if the overall balance is a credit
A row for the Total displays with the total of each column
The grid displays the following columns:
Amount Assessed indicates the original amount of each debt category. This is a sum of the amount of each financial transaction that qualifies for the row.
Amount Collected indicates the total amount payments that have been allocated to one of the debt category rows.
Amount Waived indicates the total amount of any waivers that have been applied to one of the debt category rows. This should only appear for a "penalty" or "interest" type of debt category.
Amount Written Off indicates the total amount of any amount written off. Written off amounts are identified by looking at credit adjustments where the adjustment category indicates that it is a write off.
Other Credit indicates the amount of any other type of credit that has been "applied" to this debt category.
Total is a total for the amounts in the row.
All the amount fields are hypertext. Clicking on the amount fields will cause a list of all financial transactions that contribute to that amount to appear.
Copyright © 2011, Oracle and/or its affiliates. All rights reserved.