1. Preface

1.1 Introduction

This manual is designed to help you get acquainted quickly with the Interest and Charges module of Oracle FLEXCUBE.

It provides an overview to the module, and provides information on using the Interest and Charges module of Oracle FLEXCUBE.

You can further obtain information specific to a particular field by placing the cursor on the relevant field and striking <F1> on the keyboard.

1.2 Audience

This manual is intended for the following User/User Roles:

	Role		Function
	Back office managers/officers		Authorization functions
	Product Managers		Product definition and authorization
	End of day operators		Processing during end of day/ beginning of day
	Financial Controller / Product Man­agers		Generation of reports

1.3 Documentation Accessibility

For information about Oracle's commitment to accessibility, visit the Oracle Accessibility Program website at http://www.oracle.com/pls/topic/lookup?ctx=acc&id=docacc.

1.4 Organization

This manual is organized into the following chapters:

	Chapter		Description
	Chapter 1		About this Manual gives information on the intended audience. It also lists the various chapters covered in this User Manual.
	Chapter 2		An Overview of Interest and Charge Module gives you a bird’s eye view of the Interest and Charges sub-system in Oracle FLEXCUBE.
	Chapter 3		Maintenance Required for Processing Interest and Charges explains how branch parameters and interest rules can be main­tained in the Interest and Charges sub-system.
	Chapter 4		Maintaining System Data Elements describes the process of setting up system data elements or SDEs.
	Chapter 5		Giving UDE Values for a Condition explains the process of specify­ing actual values for user date elements (UDEs) for an account class and currency.
	Chapter 6		Building Formulae explains how expressions or formulae can be constructed for the purpose of defining an interest rule.
	Chapter 7		Defining Interest and Charge Products explains the process of defining attributes specific to an IC product.
	Chapter 8		Floating Rate Codes for IC Module explains how floating rate codes for the IC module are created and applied.
	Chapter 9		Applying Interest Product on Account explains how you can apply an interest product to a customer account or an account class.
	Chapter 10		Checking for Consistency in Data explains the IC Consistency Check Function and reports inconsistencies in maintained data.
	Chapter 11		Daily Processing of Interest and Charges explains the interest and charges batch function, which processes liquidations and accruals for each business day.
	Chapter 12		Liquidating Interest Online explains the online interest liquidation function in the Interest and Charges module.
	Chapter 13		Maintaining Interest Statement Details explains the maintenance of details pertaining to interest statements given to account holders.
	Chapter 14		Annexure A - Accounting Entries and Advices explains the sug­gested accounting entries that can be set up for the Interest and Charges module.
	Chapter 15		Queries and Reports provides a list of queries and reports that can be generated in this module and also explains their contents.
	Chapter 16		Function ID Glossary has alphabetical listing of Function/Screen ID's used in the module with page references for quick navigation.

1.5 Related Documents

• The Procedures User Manual
• The Settlements User Manual

1.6 Glossary of Icons

This User Manual may refer to all or some of the following icons.

	Icons		Function
			Exit
			Add row
			Delete row
			Option List