3.1 Process to Create Product Processor

This topic describes the information about Create a Product Processor.

For creating a product processor, user need to specify details, such as product processor code, description, and the date from when it is effective.
To create a product processor:
  1. From Homescreen, click Collections. Under Collections, click Maintenance.
  2. Under Maintenance, click Product Processor. Under Product Processor, click Create Product Processor.
    The Create Product Processor screen is displayed.

    Figure 3-1 Create Product Processor



  3. Specify the fields on the Create Product Processor screen.

    Note:

    The fields marked as Required are mandatory.
    For more information on fields, refer to the field description table.

    Table 3-1 Field Description: Create Product Processor

    Field Name Description
    Code Indicates the unique identification code of the product processor that user want to create for the host system.
    Description Indicates the description of the product processor. This is the name of the source application or product name from where the default account details are received in Oracle Banking Collections application.
    Group Basis Indicates the option based on which system should allocate the accounts received from the product processor to the collectors.
    The options are:
    • Customer: Select this option if user want the accounts received to be allocated based on customer details.
    • Account: Select this option if user want the accounts received to be allocated based on account details.
    Effective Date Indicates the date from when the application should accept information received from the product processor.

    Note: The date should be later than or equal to the business date. However, it must be earlier than or equal to the expiry date.

    Expiry Date Indicates the date till when the application should accept information received from the product processor.

    Note: The date should be later than or equal to the business date. However, it must be later than or equal to the effective date.

  4. Perform one of the following action:
    1. Click Save to save the details.
      The Product Processor is successfully created and can be viewed using the View Product Processor screen.
    2. Click Cancel to discard the changes and close the screen.
Once the product processor is created, user can view the same using the View Product Processor page. Upon creation, the authorization status of the product processor is Unauthorized and the record status is Open. After a product processor is created, it must be authorized to be effective in the system.