C1-CRDPTERM

This algorithm is invoked when the status of a delinquency process is changed from Canceled to Initiated, Delinquency In Progress, or On Hold. This happens when the payment or adjustment made against the overdue bill, for which the delinquency process is created, is canceled due to any reason.

This algorithm recalculates the trigger date for the delinquency events which are in the Pending status. It derives the difference between the delinquency process resume date and delinquency process cancellation date. These extra days are then added to the existing trigger date of the pending delinquency events and thereby the new trigger dates are calculated for the remaining events. If the Consider Work Days option is selected in the respective delinquency process type, the system derives the work calendar of the division to which the person or account belongs. The system then checks whether the new trigger date falls on the working (i.e. business) day. If the new trigger date does not fall on the working (i.e. business) day, the system will accordingly add days to the new trigger date to ensure that it falls on the next working day.