7.10.8.9.1 Authorizing Mark Active Contracts

Specify the User ID and Password, and login to Homepage.
  1. On the homepage, type OLDATAUT and click next arrow.
    The Mark Active Authorization screen is displayed.
  2. Once the record is authorized, the contract status is changed to Active and the system performs the accrual as below till the application date in the EOD.
    • For OL commitment contracts, the fees associated with the commitment contract is accrued.
    • For OL loan contracts, the interest component is accrued.

    Note:

    It is possible that the status can be non-performing for the activated OL contracts. In such cases, the system performs memo accruals.