Editing a Delinquency Grace Period Business Rule

To edit delinquency grace period business rule, you should have:

  • Status defined for the delinquency grace period business rule in the application

Procedure

To edit a delinquency grace period business rule:

  1. Search for the delinquency grace period business rule in the Business Rule screen.
  2. In the Search Results section, select the check box corresponding to the Criteria Description column and click the Edit button.
    Note:

    You can also edit more than one delinquency grace period business rule by selecting multiple check boxes and clicking the Edit button.

    You can edit the delinquency grace period business rule when it is not yet used in the system.

    The Delinquency Grace Period Business Rule screen appears. It contains the following fields:

    Field Name Field Description Mandatory (Yes or No)
    Criteria Description Indicates the business criteria that an individual membership must satisfy in order to derive the grace period from the business rule.
    Note: This is a read-only field.
    		 Not applicable
    Effective Date Used to specify the date from when the business rule is effective. Yes
    Status Used to indicate the status of the business rule. The valid values are:

    • Active

    • Inactive

    		 No
    Grace Period Displays the number of days which are used to define the grace period end date for the delinquency process.
    Note:
    For example, if a delinquency process contains bills with the latest bill due date as 01-Jan-2023, the system considers the latest bill due date as the grace period start date which is 01-Jan-2023. If you have configured the grace period as 30 days, the system calculates the grace period end date as 31-Jan-2023 by using the following formula:
    Grace Period End Date = Grace Period Start Date + Grace Period

    If you do not specify the value, by default, it is set to zero(0).

    		 No
  3. Modify the required details in the Delinquency Grace Period Business Rule screen.
  4. Click Save.
    The changes made to the delinquency grace period business rule are saved.

Related Topics

For more information on... See...
Business Rule screen Business Rule (Used for Searching)
How to define a delinquency grace period business rule Defining a Delinquency Grace Period Business Rule