C1-FUNDADJCR

If the funding amount of a bill is in credit, it creates the A/P adjustments using the funding adjustment type. It also creates non A/P adjustments using the garnishment adjustment type when the funding amount of a credit bill is transferred to the garnishment contracts of the account.

It considers the records in the funding request which are in the Pending status. Once the adjustments are created, the status of the record in the funding request is changed to Processed. If any error occurs while creating the adjustments, the status of the record in the funding request is changed to Error.

Points to Note:

• The system uses the funding and garnishment adjustment types from the funding request.

• The main customer's address is used while creating the A/P adjustment for a credit bill.

• The garnishment adjustments are created against the garnishment contracts of the account. A garnishment contract is a contract which is created using a contract type where the Special Role Flag field is set to Garnishment.

• The system allows you to transfer funding amount to multiple garnishment contracts of the account. Accordingly, the number of non A/P adjustments will be created using the garnishment adjustment type.

It contains the following parameters:

• Adjustment Type - Used to indicate the adjustment type using which the adjustment should be created against the credit bill for internal offsetting.

• Match Type Entity Flag - Used to indicate the match type entity on which a new match event must be created when no payment exists for the credit bill. The valid values are:

  • BILL - Used when you want to create the same match event on all financial transactions of a bill.

  • BSEG - Used when you want to create a unique match event for each bill line item (such as, bill segment or adjustment).

  • SA - Used when you want to create the same match event on the bill line items which are created against the same contract.