3.1 Drawing Power

OBELCM now supports creation of facilities backed by Drawing Power (DP).

• Provision to capture if the facility is DP backed by signifying DP amount.
• New effective line amount basis as min (Limit amount, DP Amount) introduced which is applicable for DP backed facilities.
• Signifying stock statement submission at facility maintenance (for DP backed facilities) by updating last stock statement submission date and DP amount.
• Provision to specify the number of days for zeroization of drawing power and zeroizing the DP amount if configured number of days crossed since last stock submission date as part of the batch process.
• System capability to restore drawing power on submission of latest stock statement.
• Changes to inventory and account receivable collaterals to signify values based on stock statement submission.
• Linkage of the collaterals to DP backed facility with handling of effective line amount.