Distributing and Freezing the Tender or Payment Amount

Procedure

To distribute and freeze the tender or payment amount:

  1. Search for the payment request in the Payment Request screen.
  2. In the Search Results section, click the link in the Payment Request Information column corresponding to the payment request whose tender or payment amount you want to distribute and freeze.
    The Payment Request screen appears.
  3. Click the Distribute And Freeze button in the Payment Request zone.

    The Defer algorithm attached to the payment request type using which you have created the payment request is triggered. This algorithm checks whether the number of payment distribution records in the payment request exceeds the payment count defined in the Defer algorithm. If the number of payment distribution records in the payment request does not exceed the payment count, the system distributes and freezes the tender or payment amount in real time (i.e. immediately). However, if the number of payment distribution records in the payment request exceeds the payment count, the system distributes and freezes the tender or payment amount in the deferred mode.

    Note:

    Number of payment distribution records = (Number of bill segments present in each bill fetched using the Bill Weighted, Bill Regular, and Bill match type algorithm) + (Number of bill segments fetched using the Bill Segment match type algorithm) + (Number of contracts fetched using the Suspense Contract match type algorithm) + (Number of settlements fetched using the Settlement match type algorithm)

    Deferred mode means in the background when the Payment Request Periodic Monitor (C1-PAYRQ) batch is invoked. You can configure the Payment Request Periodic Monitor (C1-PAYRQ) batch such that it is executed at regular intervals. When the Payment Request Periodic Monitor (C1-PAYRQ) batch is invoked, the system checks whether there are any payment requests in the Deferred Distribution status. If there is a payment request in the Deferred Distribution status, the system distributes the tender or payment amount.

    On distributing and freezing the tender amount, the payment event, payments, payment segments, and payment tenders are created. The payments are created in the Frozen status. If any error occurs while creating the payment, the payment is created in the Error status. If all payments of a payment event are in the Frozen status, the status of the payment event is set to Balanced. However, if any payment of a payment event is in the Error status, the status of the payment event is set to Unbalanced. On distributing the payment amount (during transfer), the new payments are created in the Frozen status. If any error occurs while creating the new payment, the payment is created in the Error status. The status of the payment event is set to Unbalanced. The old payments in the payment event that you want to transfer remains in the Frozen or Error status.

    Once the tender or payment amount is successfully distributed and frozen, the status of the payment request is changed to Processed.

    Note:

    The Distribute And Freeze button appears when the payment request is in the Draft status.

    The sum of payment amount should be equal to the tender or transfer (payment) amount. Otherwise, the system will not allow you to distribute the tender or payment amount.

Related Topics

For more information on... See...
How to search for a payment request Searching for a Payment Request
Payment Request screen Payment Request (Used for Viewing)
Payment Request zone Payment Request
How to edit the payment amount against each entity Editing the Payment Amount