Adjustment Type - Algorithms

To define algorithms for adjustments, open Admin Menu, Adjustment Type and navigate to the Algorithms tab.

Description of Page

The grid contains Algorithms that control important adjustment functions. If you haven't already done so, you must set up the appropriate algorithms in your system. You must define the following for each algorithm:

Specify the System Event with which the algorithm is associated (see the table that follows for a description of all possible events).
Specify the Sequence Number and Algorithm for each system event. You can set the Sequence Number to 10 unless you have a System Event that has multiple Algorithms. In this case, you need to tell the system the Sequence in which they should execute.

The following table lists and describes the system events to which you can attach algorithms in an adjustment type:
System Event	Optional / Required	Description
`Adjustment Cancellation`	Optional	When an adjustment is canceled an algorithm of this type may be called to do additional work. Refer to The Lifecycle Of An Adjustment for more information about canceling an adjustment. Click here to see the algorithm types available for this system event.
`Adjustment Freeze`	Optional	When an adjustment is frozen an algorithm of this type may be called to do additional work. Refer to The Lifecycle Of An Adjustment for more information about freezing an adjustment. Click here to see the algorithm types available for this system event.
`Adjustment Information`	Optional	We use the term "Adjustment information" to describe the basic information that appears throughout the system to describe an adjustment. The data that appears in "Adjustment information" is constructed using this algorithm. Plug an algorithm into this spot to override the "Adjustment information" algorithm on installation options or the system default "Adjustment information" if no such algorithm is defined on installation options. Click here to see the algorithm types available for this system event.
`Adj. Financial Transaction`	Required	Algorithms of this type are used to construct the actual financial transaction associated with the adjustment. The financial transaction controls the adjustment's affect on the contract's payoff and current balances. It also constructs the information that is eventually interfaced to your general ledger. Refer to Examples of Common Adjustment Types for examples of how algorithms are used on common adjustment types. Click here to see the algorithm types available for this system event.
`Default Adjustment Amount`	Optional	Algorithms of this type are used to default the adjustment amount. Refer to Default the Adjustment Amount for more information. Click here to see the algorithm types available for this system event.
`Determine Contract`	Optional	Algorithms of this type are used to find a contract for which the adjustment can be posted. This plug-in is used particularly during adjustment upload when a staging record does not identify the Contract ID. Refer to Interfacing Adjustments From External Sources for more information. Click here to see the algorithm types available for this system event.
`Resolve Suspense`	Optional	Algorithms of this type are used to automatically resolve adjustments that are in suspense. Refer to Suspense Adjustments for more information Click here to see the algorithm types available for this system event.
`Generate Adjustment`	Optional	Algorithms of this type are used to calculate the adjustment amount if an adjustment type indicates that the adjustment amount is calculated. Refer to Setting Up Calculated Adjustment Types for more information. Click here to see the algorithm types available for this system event.
`Validate Adjustment`	Optional	Algorithms of this type are used to validate information for the adjustment after it is generated. Click here to see the algorithm types available for this system event.