C1-OFST-AMT

This algorithm calculates the default offset amount whenever a bill is added to the offset request. The default offset amount is equal to the sum of outstanding amount of the debit or credit bills whichever is less. For example, if the following bills are added to the offset request:

• Bill 1 (-100$) where due date is set to 01-01-2018

• Bill 2 (-100$) where due date is set to 01-01-2019

• Bill 3 (25$) where due date is set to 01-01-2018

• Bill 4 (25$) where due date is set to 06-01-2018

In such case, the system sets the default offset amount of Bill 1 to 50$.