Examples of Settlement Grouping Rules
Settlement grouping is configured by selecting one or more check boxes in the Settlement Grouping Rules section on the Create Funds Capture Process Profile page. Selection of settlement grouping attributes specifies that settlements with the same attribute are included in a unique settlement batch
Funds Capture Process Profile 1
In this example, Funds Capture Process Profile 1 has the following settlement grouping options selected:
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Business unit
-
First-party legal entity
-
Settlement date
Create Settlement Batches
During funds capture transaction processing, the Create Settlement Batches program selects the settlements listed in the following table.
Settlement |
Amount |
External Payer |
Business Unit that Owns the Transaction |
First-Party Legal Entity that Owns the Transaction |
Settlement Date |
---|---|---|---|---|---|
A |
1000 USD |
Customer 1 |
California |
North America |
February 1, 2012 |
B |
250 USD |
Customer 2 |
California |
North America |
February 1, 2012 |
C |
500 USD |
Customer 3 |
Oregon |
North America |
February 1, 2012 |
D |
750 USD |
Customer 4 |
California |
North America |
March 1, 2012 |
The Create Settlement Batches program then groups the settlements into the following settlement batches:
Settlement Batch 1
Settlement Batch 1 contains Settlements A and B because both settlements have the same settlement grouping attributes as follows:
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Business unit = California
-
First-Party legal entity = North America
-
Settlement date = February 1, 2012
Settlement Batch 2
Settlement Batch 2 contains Settlement C because it has the following settlement grouping attributes:
-
Business Unit = Oregon
-
First-Party legal entity = North America
-
Settlement date = February 1, 2012
Settlement Batch 3
Settlement Batch 3 contains Settlement D because it has the following settlement grouping attributes:
-
Business Unit = California
-
First-Party legal entity = North America
-
Settlement date = March 1, 2012