7.3.15 Viewing Overwrite Settlement Instruction Details

You can maintain settlement instructions for various components such as fees, charges, tax, principal, interest, and so on, using the Overwrite Settlement Instruction Details screen. Using this screen, you can post liquidation entries into an Internal GL account instead of the customer account at the time of rollover.

Specify the User ID and Password, and login to Homepage.

1. From the Homepage, navigate to LB Fee Liquidation screen.
2. From the LB Fee Liquidation screen, click Overwrite default SI.
   The Overwrite Settlement Instruction Details screen is displayed.

   Figure 7-15 Overwrite Settlement Instruction Details

   
   

   
   Description of "Figure 7-15 Overwrite Settlement Instruction Details"

   
   
3. You can enter below details in this screen.
   • Component

     This screen displays all the components displayed in the Settlement Message Details screen.

   • Internal GL

     Specify the Internal GL accounts into which you want to post the liquidation entries for the components.

   • Overwrite default settlement instruction

     Select the Overwrite default settlement instruction box to confirm that the liquidation entries should be posted into the Internal GL account. System posts the entries to the Internal GLs only if you select this box. Otherwise, system posts the entries as per the settlement instructions specified for the component of the contract.

   This topic contains the following sub-topics:

• Viewing the Settlement Details
  
• Viewing Event Details
  
• Previewing the Message