1. User Guide
  2. Business Rules Administration
  3. Add-on Rate Rules
  4. Define the Breakage Charge Economic Loss Method
  5. Breakage Charges
  6. Prerequisites for calculating Breakage Charges

3.14.6.1.4 Prerequisites for calculating Breakage Charges

The following prerequisites to be met for calculating breakage charges:

  1. Break Event Records should be populated in the FSI_D_BREAK_FUNDING_CHARGES table. This can be done directly through a manual data loading process or can be automated using an FTP Break Identification Process.
  2. An Add-on rate Rule should be defined with Breakage Charge assumptions created for all the relevant Product / Currency combinations.
  3. A Standard TP Process should be defined with the following: (see Standard Transfer Pricing Process Documentation).
    • The Break Funding Charges Table selected on the Product Selection Block.
    • Add-on rate calculations must be selected on the Calculation Elements Block.
    • An add-on rate Rule containing the required Breakage Charge Assumptions must be selected.