Event |
Select the event on the occurrence of which the charge has to be applied.
The available options are:
- EOD - This option is selected for periodic charges.
- Virtual Account Facility Setup – This option is selected for virtual accounts facility setup charges.
- Structure Setup – This option is selected for structure creation charges.
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Pricing Scheme ID |
Click the Search icon to view and select the pricing scheme for which the charge decisioning has to be configured.
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Charge Type |
Select the charge type.
The available options are:
- Customer – This indicates the charges are at customer level.
- Structure – This indicates the charges are at structure level.
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Charge Code |
Click the Search icon to view and select the charge code for which the charge decisioning has to be configured.
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Charge Description |
Displays the description of the selected charge code. |
Charge Pricing Rule ID |
Click the Search icon to view and select the charge pricing rule to be applied.
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Charge Pricing Description |
Displays the description of the selected Charge Pricing Rule. |
Charge Criteria |
Select the criteria to be considered based on which the charges are calculated
from the drop-down list.
The available
options are:
- One Time Setup
Charge
- Count of Virtual
Accounts
- Count of
Transactions
- Flat Maintenance
Charge
- Structure Setup
Charge
- Parent Charge
Code – This option is selected for
setting up tax on the Charge Code.
Note: The
Charge Criteria values are based on Event and Charge
Type. For more details, refer to the Matrix for
Charge Criteria table.
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Effective Date |
Select the date from which the charge decisioning validity is effective. |
Expiry Date |
Select the date till which the charge decisioning validity is effective. |
Collection Parameter |
Displays the collection parameters. |
Charge Frequency |
Select the frequency of the charge collection. The available options are
- Daily
- Monthly
- Half Yearly
Note: These options displays only if the Event is selected as EOD.
Note: This option displays only if the Event is selected as Virtual Account Facility Setup and Structure Setup.
|
Units |
Specify the units of the specified frequency when the charge collection should take place. If the Charge Frequency is selected as Monthly and Units is specified as 2, then the charge would be collected once in two months.
Note: This field displays only if the Event is selected as EOD.
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Collect At |
Displays the period when the charge collection is done for the selected frequency.
Charges are always calculated and collected at the end of the charge period for both event and periodic-based charges. Charge calculation and collection can either be at the End of the Day or the Next Day and is controlled through a parameter “chargeRunStage” at the End of Day workflow definition. The values of the parameter can be “EOD” or “BOD”.
By default, the value is configured as “EOD”, which means the charges due for collection today, will be calculated and posted on the same day. Based on the business needs, the parameter value can be configured as “BOD”, which means the charges due for collection today, will be calculated and posted on the next day.
For more information on End of Day processing, refer EOD Configuration Guide.
Note: This field will always be End of Period.
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