5.13.1 Fee Rule Maintenance

This topic provides the information on Maintaining Rule.

Note:

The fields, which are marked with an asterisk, are mandatory.

1. On the Home screen, specify GEDRULES in the text box and click the icon.
   The Fee Rule Maintenance screen displays.

   Figure 5-5 Fee Rule Maintenance

   
   

   
   Description of "Figure 5-5 Fee Rule Maintenance"

   
   
2. On Fee Rule Maintenance screen, click New and specify the fields.

   For more information on fields, refer to the field description table.

   Table 5-16 Fee Rule Maintenance - Field Description

   Field	Description
   Rule ID	Every fee rule is identified by a unique code, called a Rule ID. User can link a valid fee Rule ID to the fee classes. Fees for a limit/collateral with which you associate a fee class is calculated on the basis of the Rule that is associated with the class.
   Rule Description	For every rule that you define, user can enter a description. Specifying a description helps identify a rule.
   Fee Type	This component value defaults to the Fee Rule Preferences defined in the Facilities/ Collateral Maintenance screen. Rate/Amount are calculated based on the Basis Amount where as User Input is standard amount entered in the Fee Rule Preferences.
   SDE Type	Specify the System Data Elements (SDE). The adjoining option list displays a list of SDEs maintained in the system. Applicable SDEs based on entity type selected will be available for selection.
   Day Basis	A day basis method is used for fee calculations. The different values for the numerator basis are as explained below: Actual - Actual number of days in a month is taken. 30 (Euro) - 30 days is considered for all months including February irrespective of leap or non-leap year. 30 (US) - 30 days is considered for interest computation for all months except February where the actual number of days is considered. Different values for the denominator of the fee basis are as explained below. 360 - Number of days in a year is taken as 360 irrespective of actual number of calendar days. 365 - Number of days in a year is taken as 365 for leap as well as non-leap year. Actual- Actual number of days in a year is taken for interest calculation which is 366 for non-leap year.
   Fee Component Type	Select the fee component type either as Slab or Tier.
   Fee Type	Select the fee type either as Rate or Amount.
   Entity Type	Select the entity type either as Facility or Collateral. By default, Facility is selected. If user select Entity Type as Facility and select Rule Type as Event Based Fee, the system displays an error message. Also if user select the Entity Type as Collateral and select Rule Type as Ad hoc, system will display an error message.
   Rule Type	Select the rule type either as Fee or Event Based Fee or Ad hoc. If Rule Type is selected as Event Based Fee, then the following SDEs should be selected for Event Based Fee. Collateral Creation Collateral Expiry Collateral Extension Collateral Reactivation Collateral Suspension Once a rule is saved with a particular entity type and other attributes, no further amendments apart from Rule Description is allowed. The system displays an appropriate SDEs based on Entity Type selection – specific set based on selected entity type. Both rule type Fee and Event based fee are applicable for entity Collateral For entity selected as Facility both rule type Fees and Ad hoc are applicable. For each fee rule, the following accounting roles are generated dynamically in Fee & Accounting Class Maintenance (GEDCLSMT) RULE_INC RULE_REC RULE_RIA
   External Pricing Required	Select this check box if the pricing (Rate/Amount) for a particular fee (SDE) needs to be fetched from external pricing and billing system. Note: External Pricing is enabled only when the system integrates with external pricing and billing engine (ELCM_PRICING_INTEGRATION = Y at CSTB_PARAM level). Only for Slab fee component type the external pricing is applicable. That is Rate or Amount is selected based on Slab. For Tier, this is not applicable.

3. Click Save to save the record.