3.1.10 Amending an Existing Product

Certain attributes of an authorized product can be changed depending on whether a contract has been input for the product:

• If no contracts specified for the product, any field can be amended.
• If contracts have been specified for the product, even if all contracts are liquidated, only attributes that do not affect the financial information of a contract can be amended.

The changed attributes are applied to all contracts that are specified or rolled over after the amendment is authorized.

To Amend a Product:

• Click unlock icon in the Application tool bar.

The latest version of the product is displayed and user can make the changes to the inputs.

Save the changes by:

• Clicking on save icon in the Application tool bar.

The system repeats all validations performed during product creation and displays error or override messages. The modification appears in the Modification No. field of the audit trail.

Note:

If automatic authorization has been enabled for the product definition function, as well as the logged in branch, profile of the user who is amending the record, and the user also has rights for both input and authorize operations, the record is automatically authorized when the Save operation is performed.

After saving the amendment, the Input By field displays the user ID. The Date/Time field shows the save date and time. The product status appears as Unauthorized. Authorize the changes before entering a contract using the product. This version becomes the latest product version.

If the delete icon is selected on any screen, a confirmation message appears asking whether to save the changes. Choose one of the following options:

• Save the changes by clicking Yes in the message
• Not save the changes by clicking No in the message
• Click Cancel to get back to the screen from where Unlock is selected.