Prerequisites

To setup the funding request process, you need to do the following:

  • Define the required funding request types in the system

  • Define the required funding adjustment types where the A/P Request Type Code field is set to REFUND

  • Define the required garnishment adjustment types where the A/P Request Type Code field is not set to REFUND

  • Define the required characteristic types where the characteristic entity is set to Funding Request Type

  • Define the required characteristic types where the characteristic entity is set to Funding Request

  • Define the required approval profiles with the debit and credit approval hierarchy in the system

  • Specify the C1-FNDAP To Do type in the approval profile which you want to use in the funding request's approval process

  • Specify the C1-FNDSB as the submitter To Do type in the funding request types

  • Define the status reasons for the Rejected status of the C1-FundingRequest business object in the Status Reason screen

  • Assign the C1-FNDAP To Do type to a To Do role whose users must receive a To Do while submitting a funding request for approval

  • Assign the C1-FNDSB To Do type to a To Do role whose users must receive a To Do when an approver requests to resubmit the funding request for approval

  • Select the Defer Auto Pay option on the customer class of the accounts for which you want to use the funding process

  • Define the values for the CAN_​RSN_​CD_​FLG lookup field

  • Define the Funding Currency characteristic type where the characteristic entity is set to Account

  • Define a currency conversion algorithm for payments using the C1_​CURALGPY algorithm type

  • Define a currency conversion algorithm for adjustments using the C1_​CURALGAD algorithm type

  • Attach the currency conversion algorithms to the Currency Conversion For Adjustments and Currency Conversion For Payments algorithm spots to the required divisions

  • Set the batch control type of the Funding Request Periodic Monitor (C1-FNDRQ) batch to Timed and define the following attributes:

    • Time Interval

    • Timer Active

    • User ID

    • Batch Language

    • Email Address