Defining a Refund/Write Off Business Rule

To define a refund/write off business rule, you should have:

  • Business rule type defined in the application

  • Refund/write off business rule category defined in the application

  • Values defined in the BUS_​RULE_​CAT_​FLG lookup field

  • Status defined for the refund/write off business rule in the application

Procedure

To define a refund write/off business rule:

  1. Click the Admin link in the Application toolbar.
    A list appears.
  2. From the Admin menu, select B and then click Business Rule.
    A sub-menu appears.
  3. Click the Add option from the Business Rule sub-menu.

    The Select Business Category screen appears. It contains the following field:

    Field Name Field Description Mandatory (Yes or No)
    Business Rule Category Used to indicate the business rule category using which you want to create a business rule. The valid values are:

    • Binder Payment Business Rule

    • Fully-Insured Pricing Business Rule

    • New Born Business Rule

    • Rate Guarantee Business Rule

    • Refund Write-Off Business Rule

    		 Yes
    Note: Alternatively, you can access the Business Rule Category screen by clicking the Add button in the Page Title area of the Business Rule screen.
  4. Select the Refund Write-Off Business Rule option from the Business Rule Category list.
  5. Click OK.
    The Refund Write-Off Business Rule screen appears. It contains the following fields:
    Field Name Field Description Mandatory (Yes or No)
    Criteria Description Used to indicate the business criteria for the refund/write off business rule.
    Note: The Search (The Search Icon) icon appears corresponding to the Criteria Description field. On clicking the Search icon, the Business Rule Criteria Search window appears.
    		 Yes
    Effective Date Used to specify the date from when the refund/write off business rule is effective. Yes
    Status Used to indicate the status of the refund/write off business rule.
    Note:

    It is a read-only field.

    By default, the Active option is selected.

    		 Not applicable
    Refund Threshold Amount Used to specify the threshold amount for refund.
    Note:

    If the account balance is greater than or equal to the refund threshold amount, the system creates automatic refund for an account.

    The value for this field must be either a positive integer or positive decimal.

    		 Yes
    Defer Refund (In Days) Used to specify the number of days till when you want to defer the automatic refund for an account.
    Note:

    The defer refund (in days) is used while calculating the automatic refund request creation date.

    If the defer refund (in days) is not provided, zero (0) appears in this field.

    		 No
    Write Off Threshold Amount Used to specify the threshold amount for write off.
    Note:

    If the account balance is less than or equal to the write off threshold amount, the system creates automatic write off for an account.

    The value for this field must be either a positive integer or positive decimal.

    		 No
    Defer Write Off (In Days) Used to specify the number of days till when you want to defer the automatic write off for an account.
    Note:

    The defer write off (in days) is used while calculating the automatic write off request creation date.

    If the defer write off (in days) is not provided, zero (0) appears in this field.

    		 No
  6. Enter the required details in the Refund/Write Off Business Rule screen.
  7. If you want to define more than one refund/write off business rule, click the Add (The Add Icon) icon and then repeat step 6.
    Note: However, if you want to remove a refund/write off business rule, click the Delete (The Delete Icon) icon corresponding to the Criteria Description field.
  8. Click Save.
    The refund/write off business rule is defined.

Related Topics

For more information on... See...
Business Rule screen Business Rule (Used for Searching)