1 Create Classes

You need to create a class and attach certain attributes to it. You can build a charge class, for instance, with the attributes of a specific type of charge, such as Charges for provision of services. Similarly, you can build an event class with the attributes of a specific type of events, such as a Booking a Transaction, Collecting Charges, Cancellation and so on.

Once you create classes, you can link them suitably to products thereby avoiding the need to specify the generic attributes available in the class.

In Oracle Banking Treasury Management, you can categorize these classes into Mandatory and Optional. Unless certain mandatory classes are maintained, you will not be able to process transactions.

The mandatory classes that you need to maintain are:

• Interest Class
• Interest Class (SE)
• Fee Class
• Charge Class
• Old Charges Class
• Tax Class

The optional classes that you can maintain are:

• Adhoc Fee Class
• Branch Currency Restriction Class
• Customer Restriction Class
• Discount Accrual Class
• Events Class
• Role to Head Mapping Class

This chapter contains the following sections:

• Define Interest Class
  This topic describes the systematic instructions to define interest class.
• Interest Class Maintenance
  This topic describes the systematic instruction to maintaing interest class and rates.
• Accrual Fee Class Maintenance
  This topic describes the systematic instruction to maintain accrual class and field details.
• Charge Class Maintenance
  This topic describes the systematic instructions to maintain Charge Class.
• Old Charges Class Maintenance
  This topic contains the following topics:
• Tax Class Maintenance
  This topic describes the systematic instructions to maintain the tax and issuer tax as classes.
• Discount Accrual Class Maintenance
  This topic describes the systematic instruction to maintain discount accrual class.
• Events Class Maintenance
  This topic describes the systematic instruction to maintain event class, accounting entries, advices, fields, and event class for account intial funding.
• Process Role to Head Mapping Class Maintenance Screen
  This topic describes the systematic instruction to process role to head mapping class maintenance screen.