10.3.1.1 Create Interest Map

This topic describes the systematic instructions to create withholding tax interest map.

Specify User ID and Password, and login to Home screen.

1. On Home screen, click Liquidity Management. Under Liquidity Management, click Maintenance.
2. Under Maintenance, click WHT Interest Map. Under WHT Interest Map, click Create Interest Map.
   The Create Interest Map screen displays.

   Figure 10-2 Create Interest Map

   
   

   
   Description of "Figure 10-2 Create Interest Map"

   
   
3. Specify the fields on Create Interest Map screen.

   Note:

   The fields marked as Required are mandatory.

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

   Table 10-2 Create Interest Map – Field Description

   Field	Description
   Structure ID	Click Search icon to view and select the Pool structure ID from the LOV.
   Pool Header Account	Specify the pool header account.
   Header Account IC Group	Specify the IC group of the header account.
   Interest Group	Specify the account interest group of the header account.

   Remaining process of IC Calculating and providing Interest and Tax to Oracle Banking Liquidity Management and the system doing the postings remains same for this method.

4. Click Add icon to update the parameter for interest mapping.
   The Parameters table grid displays.For more information on fields, refer to the field description table.

   Table 10-3 Parameters – Field Description

   Field	Description
   Header Account Interest Product	Specify the header account interest product.
   Child Account Interest Product	Specify the child account interest product.
   Debit/Credit	Select the required formula from the drop-down list. The available options are: Debit Credit
   Header Formula No	Specify the header formula number.
   Child Formula No	Specify the child formula number that should be mapped to mentioned header Credit/Debit formula number.

5. Click Save to save the details.

The remaining process for calculating and providing Interest and Tax to Oracle Banking Liquidity Management and the system doing the postings remains the same for this method.