7. Balances

7.1 Introduction

The Balance Types link displays the various types of balance types computed for each producer (or “dealer”) set up in the WFP module. The balances defined in the Balance Types section are fixed, system defined, and set up during WFP installation. You cannot add or modify any balance types. However, you can choose not to use a balance type by clearing its Enabled check box.

7.2 Balances Link

To view the Balance Types link

On the Oracle Financial Services Lending and Leasing home screen, click Setup > Setup > WFP > Balances

1. In the Balance Types section, select the record you want to work with.

   

Note

If you choose, use Search Criteria to limit the display of records.

2. In the Balance Types section, view the following display only information:

   In this field:	View this:
   Type	The transaction type.
   Code	The balance code.
   Description	The description.
   Level	The balance level. This indicates whether the balance is computed at Producer, Credit line, or unit level.
   Enabled	Select to enable the balance types. When this check box is clear, Oracle Financial Services Lending and Leasing will not compute this balance from that date on for all new producers, credit lines, or units.

Note

The balance types Principal balance and Interest should be enabled at the unit level.