Reference:
Manage Payments Process Model - Page 2 for the business process diagram associated with this activity.
Description: CC&B creates the associated financial details at the time the Payments are frozen. A Financial Transaction is created for each associated Pay Segment. The Financial Transaction contains the financial effects of the Payment Segment on the Service Agreement's current and payoff balances, and on the General Ledger. This process is the same for online as well as automated batch processing.