- Products User Guide
- Product Definition
- Product Definition
- Automatic Status Change
1.2.19 Automatic Status Change
This topic explains the systematic instructions to indicate the automatic status change.
- Check on of the following options.
Table 1-16 Events - Field Description
Field Description Event This is a display field which displays the corresponding contract reference number. A contract goes through different stages in its life cycle. In Oracle Banking Treasury Management, the different stages a contract passes through in its life cycle are referred to as ‘events’.
For example, some of the stages in the lifecycle of a security are:- Deal Booking
- Money Settlement of Securities Deal
- Settlement of Securities Deal
- Reversal of Securities Deal
- Cancellation of Securities Deal
You can define the accounting entries and advices for events using either of the following methods:- Associating a product with an Events Class. This is possible only if you have maintained Events classes specifically for the module
- By defining event details specifically for the product
The procedure for setting up an Events class is similar to defining events and accounting details for a product. Refer the following sub-head for details.
Default From Class Click Default From Classbutton in this screen to associate the product you are maintaining with an Events class. A list of the Events classes that you have defined specifically for the module will be displayed. Choose a class with the requisite events and accounting details maintained. The product acquires the accounting entries and advices defined for the Events class you choose.
The procedure for setting up an Events class is similar to defining events and accounting details for a product. Refer the following sub-head for details.
Parent topic: Product Definition