3.1 Create Account Category

This topic describes the systematic instructions to create account category.

1. Click Account Configurations, and under Account Configurations, click Corporate / Nostro Account Category.
2. Under Corporate / Nostro Account Category, click Create.
   The Create page displays.

   Figure 3-1 Create Account Category

   
   

   
   Description of "Figure 3-1 Create Account Category"

   
   
3. Specify the fields on the Create page.

   Table 3-1 Create Account Category - Field Description

   Field	Description
   Account Category	Specify the account category name to be maintained.
   Description	Specify the description for the account category.
   Account Type	Specify the account type from the drop-down list. Values displayed are - Corporate DDA Nostro

4. Click + to add an account class to the Account Category.
   A new blank row is added with the below fields.

   • Account Class
   • Description

   Note:

   You can add many Account Classes as required to the account category.
5. Double click the blank Account Class column to activate the row.
6. Select the required Account Class.
   The Account Class column is populated with the specified value and the Description column is auto-populated.
7. Click Save to save the details or click Cancel to exit the screen without saving.
   The Account Category is created.

   Note:

   At this point, the status of the Account Category is Unauthorized. A user with a supervisor role has to approve the Account Category. After approval, the status changes to Authorized, and the Account Category is available for use by another process.
8. Approve the Account Category.
   To approve or reject the Account Category, see View Account Category.

   Note:

   As a maker of this configuration, you cannot approve it. It has to be approved by another user with a Supervisor role.