7.8 Process Payment Group Maintenance

This topic provides the systematic instructions to maintain payment groups.

Payment Groups

• Maintaining Payment Groups
• Entity Information Tab
• Bank Details Tab
• Ongoing Management Fees

You can maintain payment groups for the unit holder/ agent/ agency branch separately to support different trailing fee rate across the different groups using Payment Group Maintenance screen.

1. On Home screen, type UTDPAYGP in the text box, and click Next.
   The Payment Group Maintenance screen is displayed.

   Figure 7-12 Payment Group Maintenance

   
   

   
   Description of "Figure 7-12 Payment Group Maintenance"

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

   Table 7-11 Payment Group Maintenance - Field Description

   Field	Description
   Payment Group Code	Alphanumeric; 6 Characters; Mandatory Specify the code to identify the payment group.
   Payment Group Description	Alphanumeric; 6 Characters; Optional Specify the description of the payment group.

• Entity Information Tab
  This topic explains the entity information tab to specify the entity information details for the payment group.
• Bank Details Tab
  This topic explains the bank details tab to specify the bank details for the payment group.