Deposit Class Segmentation

Every contract type that exists to hold a cash deposit will reference a deposit class. The deposit class defines the business rules that control various functions including interest calculation and refund criteria. You will need multiple deposit contract types if any of the deposit class' rules / conditions differ for different types of deposits. For example, if residential customers use a different recommended deposit algorithm as compared to commercial customers, you'd need one contract type for residential deposits and another for commercial deposits (where the residential deposit contract type will reference the residential deposit class and the commercial deposit contract type will reference the commercial deposit class).

You will need additional deposit contract types if your customers can have multiple deposits where each deposit is restricted to a specific type of debt.