2.12.8 Precious Metal screen

This topic provides the information on Precious Metal screen.

Note:

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

1. On the Home screen, specify GCDCOLLL in the text box and click the icon.
   Multiple metal records can be linked to the same collateral. Collateral value is updated duly considering the value of these multiple metal records linked.
2. On Precious Metals screen , click the Precious Metal Details tab.
   The Precious Metal Details is displayed.

   Figure 2-68 Precious Metal Details

   
   

   
   Description of "Figure 2-68 Precious Metal Details"

   
   

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

   Table 2-72 Precious Metal Details - Field Description

   Field	Description
   Serial Number	Specify the unique serial number across multiple precious metal records of the collateral.
   Precious Metal Type	Click the icon and select the type of precious metal from the option list.
   Description	Specify the description of the precious metal type.
   Purity	Specify the purity of the precious metals.
   Weight	Specify the weight of precious metal which need to be read with unit of weight specified.
   Unit of Weight	Select unit of weight. The available options are: Grams Kilograms Tonnes Pounds Milligrams
   Precious Metal Form	Click the icon and select the form of precious metal from the list Unit Rate.. Specify the unit rate of precious metal.
   Valuation Amount	Specify the valuation amount of the precious metal. Valuation amount for the precious metal is arrived at based on weight and unit rate signified.
   Purchase Value	Specify the purchase value of the precious metal.
   Storage Details	Storage details of the precious metals can be noted.
   Remarks	Specify the notes, if any, on the precious metal.
   Currency	If the collateral being is enabled for manual revaluation, then you can select the currency from the adjoining option list. However, in case collateral being is enabled for external revaluation, currency gets populated based on the security code selected.
   Amount In Collateral Currency	Wherever precious metal currency is different from collateral currency, precious metal value in the collateral is converted to collateral currency as per rate configured and collateral value is updated.
   Insurance Details	Click this button to add precious metal specific insurance details. For more information on insurance details, refer unresolvable-reference.html#GUID-83C05BC0-0D1F-498E-9A52-BE959CDE5D53.
   Valuation Details	Click this button to add precious metal valuation details. For more information on valuation details, refer unresolvable-reference.html#GUID-FB2AC47B-DF5E-4EED-87E2-DF3F37B9FEFD.

   Table 2-73 External pricing details - Field Description

   Field	Description
   Security code	When the collateral is enabled for external revaluation, click the icon and select the security code from the adjoining list.
   Security description	Displays the description of the security code selected.
   Price code	Click the icon and select can select one or more price codes configured for this security code.
   Unit value	Unit value is defaulted for the price code selected.
   Number of units	Specify the number of units of security being considered for collateral creation.
   Current value	Based on unit value and number of units, current value is calculated and displayed.

3. Click Save to save the record.