Setting Up Cut Process Templates

A cut process template encapsulates the business rules that govern a given type of cut process. Open Admin > Credit & Collection > Cut Process Template > Add to set up cut process templates.

Note:

Recommendation. Before using this transaction, we strongly recommend that you review The Big Picture Of Cut Processes.

Description of Page

Enter a unique Cut Process Template and Description for the cut process template.

The Algorithms grid contains algorithms that control important functions. You must define the following for each algorithm:

  • Specify the algorithm's System Event (see the following table for a description of all possible events).
  • Specify the Algorithm to be executed when the System Event executes. Set the Sequence to 10 unless you have a System Event that has multiple Algorithms. In this case, you need to tell the system the Sequence in which they should execute.

The following table describes each System Event.

System Event

Optional / Required

Description

Cancel Logic

Required

This algorithm is executed to cancel a cut process. Refer to How Are Cut Processes Cancelled for the details.

Cut Process Information

Optional - only used if you want to override a cut process's info string

This algorithm is executed to construct a cut process's override info string. Refer to Cut Process Information Is Overridable for the details.

The Event Types control the number and type of events linked to a cut process when it is first created. The information in the scroll defines these events and the date on which they will be triggered. The following fields are required for each event type:

  • Event Sequence. Sequence controls the order in which the cut event types appear in the scroll.
  • Cut Event Type. Specify the type of cut event to be created.
  • Days After. If Dependent on Other Events is on, events will be triggered this many days after the completion of the dependent events (specified in the grid). Set this value to 0 (zero) if you want the event triggered immediately after the completion of the dependent events. If Dependent on Other Events is off, events will be triggered this many days after the creation of the cut process. Refer to How and When Events Are Activated for the details.
  • If Dependent on Other Events is on, define the events that must be completed or cancelled before the event will be triggered.
    • Sequence is system-assigned and cannot be specified or changed.
    • Dependent on Sequence is the sequence of the dependent event.