4. Producers

4.1 Introduction

The sections under the Producers screen allows you to maintain producer level activities and transactions.

The Producer master page displays summary information for a specific producer, including the address of producer and financial summary of the wholesale credit that is extended. It appears on the screens opened from the following links under Producers section:

• Balances
• Transactions
• Credit Lines
• Statements
• Comments
• Tracking Attributes
• Audits

4.2 Producers

To view the Producer screen

1. On the Oracle Financial Services Lending and Leasing home page, click the WFP master tab.
2. Click the Producers bar link.
3. Select the status of the producer you want to work with.

   

   If you click this:	Financial Services displays:
   Active	The active producers.
   View All	Both the active and inactive producers.

4. On the Producers master page, select the record you want to work with and click View.
5. On the Producer master page, view the following information:

   In the field:	View this:
   Producer	The producer number and name. By default, only active pro­ducers are displayed.
   Total Credit Limit	The sum total of all credit lines extended to the producer. This field is 0 for inactive producers.
   New Status	The status of the producer in WFP module: Active or Inac­tive. Active indicates the producer has open lines of credit or outstanding unit loans.
   Address	The address of the selected producer.
   Analyst	The name of the analyst who activated producer in WFP mod­ule.
   Total Sus­pended Amt	The sum of the suspended amount for all credit lines, or amount from credit limit that will not be available. This is a means of temporarily reducing the credit limit.
   Advance Balance	The current balance of advance outstanding with the pro­ducer.
   Available Credit	The current available credit limit. The available credit equals total credit less the suspended amount less advance balance.
   Approval Dt	The date on which the producer status changes to Active or inactive.
   Pre Bill Days	The number of days before due date when the statement would be generated.
   Pmt Due Day	The day of the month when payment is due.
   Last Pmt Dt	The date on which the last payment was made
   Last Pmt Amt	The amount received in the last payment made by producer.
   Last Bill Dt	The date when the last billing statement was generated.
   Next Bill Dt	The date when the next billing statement will be generated.

4.2.1 Balances sub tab

The Producer Balances sub screen displays producer level balance information.

To view the Producer Balances screen

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

1. On the Producer screen, select the record you want to work with.
2. In the Producer Balances screen’s Balances section, select the record you want to work with.
3. In the Balances section, view the following information:

   In the field:	View this
   Type	The description of balances type.
   Amount	The balance due from the producer.
   Paid	The balance paid by the producer.
   Waived	The balance waived by the financial institution.
   Charge Off	The balance charged-off by the financial institution.
   Recovered	The recovered charged-off balance.
   Outstanding	The balance that is still due from the producer. The outstanding balance equals the amount minus the paid amount minus the waived amount minus the charged-off amount minus the recov­ered amount.

4.2.2 Transactions sub tab

The Producer Transactions screen enables you to view past producer level transactions. Based on WFP set up, certain transactions can also be reversed.

To view the Producer Transactions screens

On the Oracle Financial Services Lending and Leasing home screen, click WFP > WFP > Producers > Transactions

1. On the Producer screen, select the record you want to work with.

   

In the Sort By section, choose Post Dt to sort the entries in Transactions section in order of when transaction was created.

-or-

Choose Txn Dt to sort the entries in Transactions section in order of when the transaction occurred.

-or-

2. Select View All to view all transactions.
3. In the Producer Transactions page’s Transactions section, select the record you want to work with.
4. In the Transactions section, view the following information:

   In this field:	View this:
   Post Dt	The post date of the transaction.
   Txn Dt	The effective date of the transaction.
   Transaction	The description of the transaction.
   Amount	The transaction amount.
   Reason	The reason for the transaction.
   Comment	The comment for the transaction.

To reverse a transaction

5. On the Oracle Financial Services Lending and Leasing home screen, click WFP > WFP > Producers > Transactions
6. On the Producer master page, select the record you want to work with

In the Sort By section, choose Post Dt to sort the entries in Transactions section in order of when transaction was created.

-or-

Choose Txn Dt to sort the entries in the Transactions section in order of when the transaction occurred.

-or-

7. Not all transactions can be reversed. If a transaction cannot be reversed, the Reverse button is dimmed when the transaction is selected.
8. Select View All to view all transactions.Reversed transactions do not appear on the Transactions section when the View All box is cleared.
9. In the Producer Transactions screen’s Transactions section, select the transaction you want to reverse. (You may have to search to find the transaction).
10. On the Producer Transactions screen, click Reverse.
11. In the Transactions section, select All Txns to view the reversed transaction.

4.2.3 Credit Lines sub tab

The Producer Credit Lines screen displays a summary of the credit lines extended to producer. The Units section displays summary information of each unit funded with the selected credit line.

To view the Producer Credit Lines sub screen

1. On the Oracle Financial Services Lending and Leasing home screen, click WFP > WFP > Producers > Credit Lines

   

2. On the Producers screen, select the record you want to work with
3. In the Producer Credit lines screen’s Credit Lines section, select the record you want to view.
4. In the Credit Lines section, view the following information:

   In this field:	View this
   Producer Name	The name of the producer.
   Credit Line	The description of the credit line.
   Type	The unit type associated with the credit line.
   Total Credit Limit	The total credit limit for the credit line.
   Suspended	The amount of the credit line that is suspended (not available for disbursement).
   Available	The available credit for the credit line.
   Enabled	If selected, the credit line is enabled.
   Start Dt	The start date of the credit line.
   End Dt	The end date of the credit line.

Note :

An empty field indicates that the line is active.

5. In the Units section, select the record you want to view.
6. In the Units section, view the following display only information:

   In this field:	View this
   Unit #	The unique number of the unit loan
   Status	The status of the unit loan; either ACTIVE or INACTIVE.
   Contract Dt	The date when the contract was signed
   Advance Amt	The value of loan advanced for financing the asset
   Funded Dt	The date when the unit was funded.
   First Pmt Dt	The date when the first payment would be due from producer.
   Maturity Dt	The date when the loan matures and is expected to be paid back in full.
   Total Term	The term of the loan for unit, in months.

Note

If you select View All, Oracle Financial Services Lending and Leasing displays all units with all status, including the active ones, in the Units section. When a unit is paid off, its status changes and you’ll have to choose View All to view it here.

Statements sub tab The display only Producer Statements page displays a history of the monthly statements generated for the producer in reverse chronological order.

To view the Producer Statements sub screen

1. On the Oracle Financial Services Lending and Leasing home screen, click WFP > WFP > Producers > Statements

   

2. On the Producer master page, select the record you want to work with
3. In the Producer screen’s Statement section, select the record you want to view.
4. In the Producer Transactions section, view the following display only producer level information about the selected statement.

   In this field:	View this:
   Total Due	The total amount due from producer as of the current statement. The total due equals the sum (total due for all credit lines) plus producer level transaction total.
   Txn Total	The total of producer level transactions as of the statement date. The transaction total equals the sum of total due for all producer level trans­actions.
   Type	The descriptions of the producer level transaction type.
   Current Due	The amount due for specified transaction type during the current state­ment period.
   Past Due	The unpaid value due for specified transaction type for all the past statements.
   Total Due	The value total due for the specified transaction type.

The Credit Line Transactions section contains two table records: one on the top lists credit lines for the producer and one on the bottom lists transaction details for a particular credit line. These sections have a parent - child relationship. In this case, what transactions information appears in the table record on bottom depends on what credit line is selected in the top.

5. In the Credit Line Transactions section, select the record you want to view.
6. In the Credit Line Transactions section, select credit line you want and view the following display only information:

   In this field:	View this
   Select	If selected, indicates this is the current record.
   Credit Line	The credit lines offered to the producer.
   Total Due	The total amount due for credit line as of the current statement. The total due equals sum of transaction total for all units under the credit line plus credit line level transaction total.
   Txn Total	The total of credit line level transactions as of the statement date.The transaction total equals the sum of total due for all transactions of a credit line.

7. In the Credit Line Transactions section, view the following credit line level transaction information for credit line you selected in the previous step.

Note

There may be more than one transaction listed.

In this field:	View this:
Type	The description of the credit line transaction.
Current Due	The amount due for specified credit line transaction type during the current statement period.
Past Due	The unpaid dollar amount due for specified credit line transaction type for all the past statements.
Total Due	The dollar amount total due for the specified credit line transaction type (current plus past).

The Unit Transactions section contains two table records: the one on the top lists units for the credit line selected in Credit Line Transactions section, the one of the bottom lists transaction details for a particular unit. These sections have a parent - child relationship.

8. In the Unit Transactions section, select the record you want to view.
9. In the Unit Transactions section, select the unit you want and view the following information:

   In this field:	View this
   Select	If selected, indicates this is the current record.
   Unit #	The unique unit number.
   Txn Total	The total of unit level transactions as of the statement date. The transaction total equals the sum of total due for all trans­actions for a unit.

10. In Unit Transactions section, view following unit level transaction information for the unit you selected in the previous step.

    In this field:	View this
    Type	The description of the balance type.
    Current Due	The amount due for specified unit transaction type during the current statement period.
    Past Due	The unpaid dollar amount due for specified unit transaction type for all the past statements.
    Total Due	The total dollar amount due for the specified unit transaction type (cur­rent + past).

4.2.4 Comments sub tab

The Producer Comments sub screen enables you to enter new comments regarding the producer. Oracle Financial Services Lending and Leasing saves and displays previously entered comments in reverse chronological order.

To add or view a comment attached to a producer

1. On the Oracle Financial Services Lending and Leasing home screen, click WFP > WFP > Producers > Comments

   

2. In the Producer master screen, select the producer you want to work with.
3. In the Producer Comments section, select the record you want to work.

Note

If you are entering a new record, click Add.

4. In the Currency section, enter or view the following information:

   In this field:	Do this:
   Type	Select the comment type. This field notes the nature of the comment and can help in classifying comments (required).
   Sub Type	Select the comment sub type. This field also notes the nature of the comment and can help further classify comments (required).
   Comments	Enter the comment details (required).
   Comment By*	View the user id of who posted the comment (display only).
   Comment Dt*	View the date and time that the comment was posted (display only).

5. Click Save on the Producer Comments page.

*Oracle Financial Services Lending and Leasing notes the user who entered this comment and the time it was saved.

4.2.5 Tracking Attributes sub tab

Using the Producer Tracking Attributes sub screen, you can add tracking attribute information to a producer at any time.

To add or view a tracking attributes attached to a producer

1. On the Oracle Financial Services Lending and Leasing home screen, click WFP > WFP > Producers > Tracking Attributes

   

2. In the Producer screen, select the producer you want to work with.
3. In the Producer Tracking sub screen, click Load Tracking.

Oracle Financial Services Lending and Leasing loads the tracking parameters.

4. In the Tracking Attributes section, select the record you want to view or edit.
5. To update a tracking attribute, click Edit and enter the requested parameter in the Value field.

Click Save and Add to add a new record. Click Save and Return to return to main screen.

4.2.6 Audit sub tab

If an audit is set for a record, then the system tracks the changes for that record. Select the record for which you want to view the audit info and click ‘Audit’ tab. The system displays the details tracked for that record.

To view the log report of a record attached to a producer

1. On the Oracle Financial Services Lending and Leasing home screen, click WFP > WFP > Producers > Audit
2. In the Producer screen. select the producer you want to work with and click Audit.

The system displays the following details of the selected record:

In this field:	View this:
Record Id	The ID of the selected record.
Field	The amended field name.
Old Value	The old value of the field.
New Value	The changed value of the field.
Changed By	The name of user who changed the value.
Changed Dt	The date when the value was changed.