Adding the Credit Rating Details for an Account
Prerequisites
To add the credit rating details for an account, you should have:
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Collection classes defined in the application
Procedure
To add the credit rating details for an account:
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Ensure that the Credit Ratings page
is expanded in the Customer Registration - Add Account screen when you are adding or editing the account of a person.
The Credit Ratings page contains the following fields:
Field Name Field Description Mandatory (Yes or No) Collection Class Used to indicate how the account's debt is reviewed by the credit and collections processes (i.e., the account debt monitor and the write-off monitor). Yes (Conditional) Note: This field is required while adding the credit rating details for an account.Postpone Credit Review Until Used to specify the date till when you want to postpone the account’s debt review by the credit and collections processes (i.e., the account debt monitor and the write-off monitor). Yes (Conditional) Note: This field is required while adding the credit rating details for an account.Last Credit Review Date Used to indicate the last review date of the account’s debt by the account debt monitor. Yes (Conditional) Note: This field is required while adding the credit rating details for an account.Current Credit Rating Displays the current credit rating. Not applicable Current Cash Only Score Displays the current cash only score. Not applicable Start Date Used to specify the date from when the credit rating transaction affects the account's credit rating and cash-only score. Note: The start date cannot be later than the end dateYes (Conditional) Note: This field is required while adding the credit rating details for an account.End Date Used to specify the date till when the credit rating transaction affects the account's credit rating and cash-only score. Note: The end date cannot be earlier than the start date.No Affect Credit Rating By Used to specify the effect of the credit rating transaction on the account's credit score. Note: This should be a negative number because the lower the score, the worse the credit rating.Yes (Conditional) Note: This field is required while adding the credit rating details for an account.Affect Cash Only Score By Used to specify the effect of the credit rating transaction on the account's cash-only score. Note: This should be a positive number because the higher the score, the greater the chance for the account to be marked as cash-only.Yes (Conditional) Note: This field is required while adding the credit rating details for an account.Comments Used to specify additional information about the credit rating for the account. No Note: The Credit Ratings page appears in the Customer Registration - Add Account screen when you are defining, editing, or copying a customer registration which is created using the C1-CustomerRegistrationBanking business object. - Enter the required details in the Credit Ratings page.
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If you want to add more than one credit rating details
for the account, click the Add (
) icon and then repeat step 2.
Note: However, if you want to remove a credit rating detail from the account, click the Delete () icon.
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Click Validate and Save.
The credit rating details are added for the account.
Related Topics
For more information on... | See... |
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How to define a customer registration | Defining a Customer Registration |
How to edit a customer registration | Editing the Customer Registration Details |
How to copy a customer registration | Copying a Customer Registration |
How to add an account for a person | Adding an Account for a Person |
How to edit the account details of a person | Editing the Account Details of a Person |