2.11.18 Collateral Manual Fee Payment

This topic provides more information on Collateral manual fee payment of collateral maintenance

The Collateral Manual Fee Payment screen (GCDCOFPT) allows to manually liquidate the event based or recurring collateral fee of type user input and liquidation preference - manual. In addition, this screen can also be used to inquire the manual fee payment details for the collateral.

  1. On the Home screen, specify GCDCOFPT in the text box and click theNext icon.
    The Collateral Manual Fee Payment screen is displayed.

    Figure 2-40 Collateral Manual Fee Payment


    Description of Figure 2-40 follows
    Description of "Figure 2-40 Collateral Manual Fee Payment"

  2. On Collateral Manual Fee Payment screen, click New and specify the fields.
    For more information on fields, refer to the field description table.

    Table 2-41 Collateral Manual Fee Payment - Field Description

    Fields Description
    Liability No Click the Search icon and select the liability number to fetch the collateral codes.
    Collateral Code Click the Search icon and select the collateral code for which manual fee payment.
    Version Number The system increments this number for each manual fee payment on a collateral.
    Limit Date Specify the limit date. Limit Date can be the current application date or back date.
    Serial No Specify the serial number for which manual fee payment.
    Value Date The system populates the current application date for manual fee payment transaction.
    Populate Click this button to fetch the Fee Rules which are due for manual payment under Fee Rule Details grid.
    Fee Rule Details Specify the amount paid for the fee rule in the Due Amount field, click Save and Authorize. Payment details are updated for the Fee rule in the Schedule Details grid.
  3. Click Save to save the record.

Parent topic: Collaterals Maintenance