2.9 Main Liability Change Maintenance

This topics describes about the procedure to update main liability

Note:

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

User can add main liability to a child liability for which main liability is already not linked, change the existing main liability of the child liability to different liability, and/or remove the linked main liability through the Main Liability Change (GEDMLBCG) screen.

  1. On the Home screen, specify GEDMLBCG in the text box and click the Next icon.
    The Main Liability Change Maintenance screen displays.

    Figure 2-34 Main Liability Change Maintenance


    Description of Figure 2-34 follows
    Description of "Figure 2-34 Main Liability Change Maintenance"

  2. On Main Liability Change Maintenance screen, click New and specify the fields.
    For more information on fields, refer to the field description table.

    Table 2-32 Main Liability Change Maintenance - Field Description

    Field Description
    Liability No Click the Search icon and select the child liability for which the main liability has to be changed.
    From Main Liability No The system displays the current main liability number, if the child liability is already linked to a main liability.
    To Main Liability No Click the Search icon and select the main liability to which the child liability has to be linked.

    The system will not allow to capture the request, if the overall limit and the available balance of the new main liability and the liabilities up in the hierarchy are not sufficient to accommodate the child liability's overall limit.

    Note: If the currency of child liability and new main liability is different, the system will consider the exchange rate configured in GEDPARAM for overall limit validation.

    If the To Main Liability No is not selected, then the child liability's existing link to the main liability, if any, will be removed and no main liability will be attached to the child liability.

    Effective Date Specify the date on which the parent liability change request is to be processed. The effective date can be present date or future date.

    Note: If the effective date falls on holiday, the main liability change will happen based on the holiday configuration in GEDPARAM.

    Status The status of liability change process will be displayed in this field. During the liability change request capture, the status is displayed as Unprocessed. The available status are:
    • Working - The status is updated as working during EOD batch process on the mentioned effective date.
    • Processed - The status is updated as processed once the request is processed.
    • Failed - If an error is encountered while processing the request, the status is updated as failed and exception is logged in GETM_PARENT_LIAB_CHG.
    • Cancelled - User can cancel the parent liability change request before the request is processed, by selecting the status as cancelled.
    Remarks Specify remarks for the main liability change request, if any
    Error Code In case any error occurs during main liability change request processing, the error code of the same is displayed.
    Error Description Specify the description about the error is displayed in case of any error.
    Reference Number Click the Search icon and select the reference number for liability change request.

    Note:

    • Before / during processing the main liability change request, the system will allow transactions on the child as well as its linked entities for which main liability change is requested
    • Main liability change request details can be modified, if the status of the request is unprocessed
    • Only Status and Effective Date can be modified after creating the main liability change request
    • New utilizations and blocks associated with child liability will update (get tracked under) both the child and new main liabilities post transfer
    • Existing utilizations and blocks on the old main liability on account of earlier linked child liability will get reversed
  3. Click Save to save the record.
  • Utilization Details
    This topic describes about the detailed information on viewing utilization details for main liability change

Parent topic: Limits and Collateral