Understanding Payment Predictor Modes

Algorithm groups have instructions for processing payments. The instructions are based on the type of reference information that was used to match payments to customers. This table lists the type of reference information:

Type	Description
Customer reference information	Information such as the MICR ID or customer ID that is supplied with a payment. If a customer reference is not found, Payment Predictor uses item summary reference information or detail reference information to identify the customer.
Item summary reference information	Reference information that does not include the amount, for example, an item ID and reference qualifier code of I on payment entry.
Item detail reference information	Reference information that includes the amount, for example, item ID and item amount on payment entry.

The following table describes payment predictor modes:

Payment Predictor Mode	Description	Payment Predictor Result
Payments with customer identified and no item reference information provided.	Selects processing method for payments that are missing reference information.	If a payment is missing reference information, Payment Predictor places all open items for all of the customers identified by the payment into a temporary table called PS_PP_ITEM_TAO. Note: If the deposit in a Payment Predictor run has more than one payment with the same customer ID and business unit, the process processes only the first payment when you are using one of these algorithm groups: #BALANCE, #COMBOS, #OLDEST1, #OLDESTC, #OVERDUE, or #PASTDUE. For example, the deposit has three payments: Payment 1: References customer USA01 and business unit US001. Payment 2: References customer USA05 and business unit US001. Payment 3: References customer USA05 and business unit US001. The algorithm group would process only payments 1 and 2.
Payments with item summary reference information and the customer identified does not matter.	Selects a processing method for payments with summary reference information. (Summary reference information does not include the amount. Example: item ID with no item amount.)	Payment Predictor places all matched open items for all of the customers identified by the payment into a temporary table called PS_PP_ITEM_TAO.
Payments with item detail reference information and the customer identified does not matter.	Selects a processing method for payments with detail reference information (includes amount), for example, item ID and item amount.	Detail reference information enables you to use Payment Predictor to process deductions that are associated with a payment. For example, a deduction for prior freight damages of 100.00 CAD can be processed with a payment of 900.00 CAD to pay an open item of 1,000.00 CAD. The sum of the detail reference items less the sum of the deductions should equal the payment amount.

Payment Predictor Mode

Description

Payment Predictor Result

Payments with customer identified and no item reference information provided.

Selects processing method for payments that are missing reference information.

If a payment is missing reference information, Payment Predictor places all open items for all of the customers identified by the payment into a temporary table called PS_PP_ITEM_TAO.

Note: If the deposit in a Payment Predictor run has more than one payment with the same customer ID and business unit, the process processes only the first payment when you are using one of these algorithm groups: #BALANCE, #COMBOS, #OLDEST1, #OLDESTC, #OVERDUE, or #PASTDUE. For example, the deposit has three payments: Payment 1: References customer USA01 and business unit US001. Payment 2: References customer USA05 and business unit US001. Payment 3: References customer USA05 and business unit US001. The algorithm group would process only payments 1 and 2.

Payments with item summary reference information and the customer identified does not matter.

Selects a processing method for payments with summary reference information. (Summary reference information does not include the amount. Example: item ID with no item amount.)

Payment Predictor places all matched open items for all of the customers identified by the payment into a temporary table called PS_PP_ITEM_TAO.

Payments with item detail reference information and the customer identified does not matter.

Selects a processing method for payments with detail reference information (includes amount), for example, item ID and item amount.

Detail reference information enables you to use Payment Predictor to process deductions that are associated with a payment. For example, a deduction for prior freight damages of 100.00 CAD can be processed with a payment of 900.00 CAD to pay an open item of 1,000.00 CAD. The sum of the detail reference items less the sum of the deductions should equal the payment amount.