Deprecate FPD Batch Job

This topic provides information on deprecating the FPD batch job.

Requirement:

The system automatically posts payment transactions for lease accounts configured under the Advance method, when the batch job SET-TPE → TXNFPD_BJ_100_01 → FIRST PMT DEDUCTION PROCESSING is run.

• This batch is deprecated and first bill for Lease Advance method will be generated as part of SET-TPE – Billing job run.

Applicability:

• The changes are applicable to the Lease module only. The batch job SET-TPE → TXNFPD_BJ_100_01 is deprecated, and the first bill for the Lease Advance method is now generated as part of the SET-TPE – Billing job run.
• Currently, system deducting the first bill amount from 'lease advance' balance to generate repayment schedule (since bill and payment auto posted by batch). After this change, system will not reduce any 1st bill amount and repayment schedule is generated based on lease Advance amount.

System will NOT validate these EDITS for Lease → Advance Method Only. (Both for Contract and API EDITS)

• XVL : CONTRACT ACH START DT - PRENOTE DAYS <= CONTRACT DT
• XVL : CONTRACT ACH START DT < FIRST PAYMENT DATE (Configured this default value of EDIT as Warning).

Assumption:

System generates the Income/Repayment schedule for Lease → Advance method assuming the first payment is received. Hence system considers the outstanding due balance (Lease Receivables - First Bill Amt) to generate the schedules. User has to post payment operationally for first bill. (FPB batch use to post bill and first payment on account creation, which will happen now, due to deprecation of batch job).