Setting Up Collection Class Overdue Rules

Collection class overdue rules contain algorithms that impact accounts associated with a given collection class, division and currency code are managed. Open Admin Menu, Collection Class Overdue Rules to set up collection class overdue rules.

Note: Recommendation. Before using this transaction, we strongly recommend that you review Different Overdue Rules For Different Customers.

Description of Page

Enter the Collection Class, Division and Currency Code to which the rules apply.

The Algorithms grid contains algorithms that control important functions. You must define the following for each algorithm:

Specify the algorithm's System Event (see the following table for a description of all possible events).
Specify the Algorithm to be executed when the System Event executes. Set the Sequence 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 describes each System Event.

The following table describes the system events to which you can attach the algorithms while defining a collection class overdue rule:
System Event	Optional / Required	Description
`Bill-Based Payment Arrangement`	Optional - only specified if your implementation uses bill-oriented payment arrangements	This algorithm is executed to handle the creation, breaking and canceling of a Bill-Oriented Payment Arrangements. Click here to see the algorithm types available for this system event.
`Overdue Monitor Rule`	Required	This algorithm is invoked by the Overdue Monitor to analyze an account's debt. Refer to How Does The Overdue Monitor Work for the details. If you have multiple rules (and therefore multiple algorithms), please take care when assigning the sequence number, as the Overdue Monitor will invoke these rules in sequence order. Click here to see the algorithm types available for this system event.
`Write Off Bill`	Option - only specified if your implementation writes-off bills	This algorithm is executed to handle the write-off and write-off reversal of a bill. Refer to Writing Off Bills. Click here to see the algorithm types available for this system event.

Where Used

Follow this link to open the data dictionary where you can view the tables that reference CI_OD_RULE_ALG.