4.2 Account Statement Frequency

This topic describes the systematic instruction about Account Statement Frequency Update. After specifying the account number, system displays existing account statement cycle details, and the user can modify the frequency.

1. On the Homepage, from Account Services, under Statement, click Account Statement Frequency, or specify the Account Statement Frequency in the Search icon bar.
   Account Statement Frequencyscreen is displayed.

   Note:

   The fields which are marked in asterisk blue are mandatory.

   Figure 4-4 Account Statement Frequency

   
   Description of "Figure 4-4 Account Statement Frequency"
2. On Account Statement Frequency screen, specify the account number.
   For more information on fields, refer to the field description table.

   Table 4-2 Account Statement Frequency - Field Description

   Field	Description
   Account Number	Enter the Account Number or click the search icon to view the Account Number pop-up window. By default, this window lists all the Account Numbers present in the system. You can search for a specific Account Number by providing Customer ID, Account Number, or Account Name and clicking on the Fetch button. When users enter the account number, the customer information is displayed.
   Account Name	Account Name is displayed by default based on the account selected.
   Last Statement Date	The last statement generation date will be displayed.
   Frequency	Users can modify the frequency for generating the account statements. To specify the frequency of the statements, click on the adjoining drop-down list. The following list is displayed: Annual Semiannual Quarterly Monthly Fortnightly Weekly Daily For the Annual, Semiannual, Quarterly and Daily cycles, the account statement will be generated on the last day of that cycle. For a weekly and fortnightly statement, the user can specify the day of the week on which account statements must be generated. To specify weekly and fortnightly statements, click on the adjoining drop-down list. The following list of days will be displayed: Sunday Monday Tuesday Wednesday Thursday Friday Saturday For monthly statements the user can specify the dates of the month, between 1 and 31(corresponding to the system date). For example: If the user selected the statement date to 30, then account statements will be generated on the last working day for months with < 30 days. If the user sets the statement date to 31, then account statements will be generated on the last working day for months with <31 days. If 30th or 31st is a holiday on the next working day the account statement gets generated.