Understanding Settlement Subscription Types

Settlement subscription types are collections of properties defining a class of settlement subscriptions. Settlement subscription types also control valid values for various attributes of settlement subscriptions.

Settlement subscription types are defined by:

  • Subscription Business Object: The business object used for settlement subscriptions based on settlement subscriptions of this type
  • Transaction Business Object: The business object used for settlement transactions based on settlement subscriptions of this type
  • Default Recipient: The recipient that will be defaulted for settlement subscriptions of this type. A settlement subscription’s recipient dictates the system to which results of settlement transactions are sent.

  • Subscription Category: Specifies the category of settlement subscriptions based on settlement subscriptions of this type, such as "Initial", "Final", and so on. Valid categories are defined in the SUBSCRIPTION_​CAT_​FLG lookup

  • Transaction Retention Mode: Defines how settlement transactions based on settlement subscriptions of this type are retained. "Keep All" indicates that all settlement transactions are retained when a replacement transaction is created (older transactions are sent to a status of "Superseded"). "Keep One Record per Period" indicates that only a single settlement transaction is retained for a time period (older transactions are deleted when the new one is completed).
  • Processing Timetable Type: A processing timetable type used when creating settlement transactions based on settlement subscriptions of this type via batch processing.
  • Valid Settlement Calculation Groups: A list of valid settlement calculation groups for settlement subscriptions of this type
  • Valid Recipients: A list of valid recipients for settlement subscriptions of this type
  • Communication: The outbound communication type used to create of outbound communications when sending the results of settlement transactions based on settlement subscriptions of this type

Refer to Processing Timetable Types for more information about setting up processing timetable types.

Refer to Configuring Settlement Units for more information about setting up settlement units and their respective dimension combinations, factors, and factor values.

For a deeper functional understanding, refer to the About Settlement Subscriptions or About Settlement Calculation sections .