4.14 Process Commission Payment Status Change

This topic provides the systematic instructions to change the commission payment status.

This means that you can hold the commission payment for which the commission is raised.

1. On Home screen, type UTDCHPAY in the text box, and click Next.
   The Commission Payment Status Change screen is displayed.

   Figure 4-22 Commission Payment Status Change

   
   

   
   Description of "Figure 4-22 Commission Payment Status Change"

   
   
2. On Commission Payment Status Change screen, click New to enter the details.
   For more information on fields, refer to the field description table.

   Table 4-17 Commission Payment Status Change - Field Description

   Field	Description
   Reference Number	Display The system displays the reference number.
   Fund ID	Alphanumeric; 12 Characters; Mandatory Specify the Fund ID.
   Transaction Number	Alphanumeric; 16 Characters; Optional Specify the Transaction Number.
   From Entity ID	Alphanumeric; 12 characters; Optional Specify the entity from whom the commission is charged.
   To Entity ID	Alphanumeric; 15 characters; Optional Specifies the entity for whom the commission is charged. This field is mandatory.
   Policy Number	Alphanumeric; 10 characters; Optional Specify the Policy Number. The adjoining option list displays valid policy numbers maintained in the system. You can choose the appropriate one.
   Current Payment Status	Alphanumeric; 15 Characters; Optional Select the current payment status from the adjoining option list.
   Select All	Optional Select if all the records has to be selected or not from the drop-down list. The list displays the following values: Yes No Click Show Details button to show all the records with the specified values.
   New Payment Status	Alphanumeric; 15 Characters; Optional Specify the new payment status for the commission record. This determines the eligibility for the payment of commission. All commission records that have a Payment Status = P will be eligible for Commission Payment. P means payable. All commission records that have a Payment Status = S will not be eligible for the next commission payment run. After the next commission payment processing, system will update the commission records with Payment Status as S to P,(Payable) status. S means Single Payment Hold Back. All commission records that have a Payment Status = I will not be eligible for a commission payment run. I means Indefinite Hold Back. System will not automatically update the commission records with payment status as I to P. This should be done manually. Select a record and change the exchange rate source or exchange rate or new payment status and click Process button to update the commission record with new payment status, new exchange rate source applied, new exchange rate applied.

• Search Results Tab
  This topic explains the search results tab of Commission Payment Status Change screen.
• Exchange Rate Source Tab
  This topic provides the systematic instructions to map the exchange rate source and currency details in the Commission Payment Status Change screen.
• Exchange Rate Maintenance Tab
  This topic provides the systematic instructions to maintain the exchange rate in the Commission Payment Status Change screen.