Examples of Common Payment Segment Types

The following table illustrates several payment segment types used by financial institutions:
Payment Segment Type Payment Segment Financial Transaction Algorithm
Normal payment (if you practice accrual accounting). Refer to Accrual versus Cash Accounting for more information. Payoff = Pay Amount / Current = Pay Amount (no cash accounting)
Normal payment (if you practice cash accounting). Refer to Accrual versus Cash Accounting for more information. Payoff = Pay Amount / Current = Pay Amount (plus Cash Accounting)
Charity payment Payoff =0 / Current = Pay Amount (the GL is affected)
Non-CIS Payments (When the FT is created, the distribution code and GL account to credit is retrieved from the pay). Refer to Non CIS Payments for more information Payoff = Pay Amount / Current = Pay Amount (no cash accounting)

Where Used

Follow this link to open the data dictionary where you can view the tables that reference CI_​PAY_​SEG_​TYPE.