Defining a Financial Transaction Distribution Rule

Prerequisites

To define a financial transaction distribution rule, you should have:

  • Distribution method and hierarchy defined in the application.

Procedure

To define a financial transaction distribution rule:

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

    The Financial Transaction Distribution Rule screen appears. It contains the following section:

    • Main - Used to specify basic details about the financial transaction distribution rule.

    Main - This section contains the following fields:

    Field Name Field Description Mandatory (Yes or No)
    FT Distribution Rule Used to specify the financial transaction distribution rule. Yes
    Description Used to specify the description of the financial transaction distribution rule. Yes
    Detailed Description Used to specify the additional information about the financial transaction distribution rule. No
    Distribution Method Used to indicate the principle for distributing credit for accounts other than the credit or debit source account. The valid values are:

    • Fee Based

    • Priority Based

    • Weighted Average

    		 Yes
    Distribution Hierarchy Used to indicate the hierarchy of accounts in which the distribution needs to be made. No
    Tip: Alternatively, you can access the Financial Transaction Distribution Rule screen by clicking the Add button in the Page Title area of the Financial Transaction Distribution Rule screen.
  4. Enter the required details.
  5. Click Save.
    The financial transaction distribution rule is defined.

Related Topics

For more information on... See...
Financial Transaction Distribution Rule screen Financial Transaction Distribution Rule
Financial Transaction Distribution Rule zone Financial Transaction Distribution Rule