Intermediary User Manual

Intermediary User Manual
Intermediary User Guide
Oracle FLEXCUBE Universal Banking
Release 12.0.3.0.0
Part No. E53393-01
April 2014
Intermediary User Guide
April 2014
Oracle Financial Services Software Limited
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Goregaon (East)
Mumbai, Maharashtra 400 063
India
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Phone: +91 22 6718 3000
Fax:+91 22 6718 3001
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Contents
1.
Preface ...................................................................................................... 1-1
1.1
1.2
1.3
1.4
1.5
1.6
2.
Introduction.............................................................................................................. 2-1
General Maintenance .............................................................................. 3-1
3.1
3.2
3.3
3.4
3.5
3.6
3.7
3.8
3.9
3.10
3.11
3.12
3.13
4.
1-1
1-1
1-1
1-1
1-2
1-2
Intermediary - An Overview .................................................................... 2-1
2.1
3.
Introduction..............................................................................................................
Audience..................................................................................................................
Documentation Accessibility....................................................................................
Organization ............................................................................................................
Related Documents .................................................................................................
Glossary of Icons.....................................................................................................
Introduction.............................................................................................................. 3-1
Capturing Branch Parameters ................................................................................ 3-1
3.2.1 Actions Allowed .......................................................................................... 3-2
Viewing Branch Parameters Summary.................................................................... 3-2
Capturing Intermediary SDE Details........................................................................ 3-3
3.4.1 Actions Allowed .......................................................................................... 3-5
Viewing SDE Summary Details ............................................................................... 3-6
Defining an Intermediary Rule ................................................................................. 3-6
3.6.1 Capturing Rule Formula ............................................................................. 3-9
3.6.2 Actions Allowed ........................................................................................ 3-10
Viewing Rule Summary Details ............................................................................. 3-10
Maintaining Intermediary Group ............................................................................ 3-11
3.8.1 Actions Allowed ........................................................................................ 3-11
Viewing Group Summary Details........................................................................... 3-12
Maintaining Intermediary Hierarchy Details........................................................... 3-12
3.10.1 Intermediary Tab ...................................................................................... 3-13
3.10.2 Settlement and Statement Tab................................................................. 3-16
3.10.3 Products Tab ............................................................................................ 3-19
3.10.4 Capturing Events ...................................................................................... 3-20
3.10.5 Maintaining MIS Details............................................................................ 3-23
3.10.6 Viewing UDE Values ................................................................................ 3-23
3.10.7 Actions Allowed ........................................................................................ 3-24
Viewing Intermediary Summary Details................................................................. 3-24
Specifying External UDE Values ........................................................................... 3-25
3.12.1 Actions Allowed ........................................................................................ 3-26
Viewing External UDE Summary .......................................................................... 3-27
Setting up a Product ................................................................................ 4-1
4.1
4.2
Introduction..............................................................................................................
Maintaining an Intermediary Product.......................................................................
4.2.1 Specifying Accounting Roles ......................................................................
4.2.2 Specifying Events ......................................................................................
4.2.3 Specifying Product Preferences .................................................................
4.2.4 Specifying Branch and Currency Restrictions ............................................
4.2.5 Specifying Module Product Restrictions .....................................................
4-1
4-1
4-2
4-3
4-5
4-6
4-8
4.3
4.4
4.5
5.
Operations ................................................................................................ 5-1
5.1
5.2
5.3
5.4
5.5
5.6
5.7
5.8
6.
Introduction.............................................................................................................. 5-1
Commission Processing .......................................................................................... 5-1
5.2.1 Settlement of Commission Between Intermediaries................................... 5-2
Viewing Intermediary System Data Elements ......................................................... 5-3
5.3.1 Actions Allowed .......................................................................................... 5-4
Viewing SDE Summary .......................................................................................... 5-4
Viewing Calculated Commission ............................................................................. 5-4
5.5.1 Actions Allowed .......................................................................................... 5-6
Viewing Commission Calculation Summary ............................................................ 5-7
Liquidating Intermediary Commission Manually ...................................................... 5-8
5.7.1 Actions Allowed .......................................................................................... 5-9
Viewing Manual Liquidation Summary .................................................................. 5-10
Annexure A – Accounting Entries and Advices ................................... 6-1
6.1
6.2
6.3
6.4
6.5
6.6
7.
4.2.6 Specifying MIS Details................................................................................ 4-9
4.2.7 Actions Allowed .......................................................................................... 4-9
Viewing Product Summary .................................................................................... 4-10
Specifying UDE Values ......................................................................................... 4-10
4.4.1 Actions Allowed ........................................................................................ 4-11
Viewing UDE Summary Details ............................................................................. 4-12
Introduction..............................................................................................................
Events......................................................................................................................
Accounting Roles.....................................................................................................
Amount Tags ...........................................................................................................
Accounting Entries and Advices ..............................................................................
6.5.1 Payment .....................................................................................................
6.5.2 Collection....................................................................................................
Advice Format .........................................................................................................
6.6.1 INTER_CR_ADV .......................................................................................
6.6.2 INTER_DR_ADV .......................................................................................
6.6.3 INTER_STMT ............................................................................................
6-1
6-1
6-1
6-1
6-1
6-2
6-2
6-3
6-4
6-4
6-4
Function ID Glossary ............................................................................... 7-1
1. Preface
1.1
Introduction
This manual is designed to help acquaint you with the Intermediary module of Oracle
FLEXCUBE.
In addition to this User Manual, you can find answers to specific features and procedures, in
the Online Help. It can be invoked by choosing Help Contents from the Help Menu of the
software. You can further obtain information about to a particular field by placing the cursor
on the relevant field and striking the <F1> key on the keyboard.
1.2
Audience
This manual is intended for the following User/User Roles:
1.3
Role
Function
Back office data entry clerk
Input functions for contracts
Back office managers/officers
Authorization functions
Product Managers
Product definition and authorization
End of Day operators
Processing during End of Day/ Beginning of
Day
Financial Controller / Product Managers
Generation of reports
Documentation Accessibility
For information about Oracle's commitment to accessibility, visit the Oracle Accessibility
Program website at http://www.oracle.com/pls/topic/lookup?ctx=acc&id=docacc.
1.4
Organization
This manual is organized into the following chapters:
Chapter 1
About this Manual gives information on the intended audience. It also
lists the various chapters covered in this User Manual.
Chapter 2
Intermediary - An Overview gives a snapshot of the features that the
module provides.
Chapter 3
Generic Maintenance discusses the details that need to be maintained in
order to process transactions requiring intermediary services.
Chapter 4
Setting up a Product chapter talks about defining the attributes specific
to setting up an intermediary product.
Chapter 5
Operations talks about commission calculation for intermediaries.
Chapter 6
Annexure A – Accounting Entries and Advices explains the types of
accounting entries and advices generated for every event.
1-1
Function ID Glossary has alphabetical listing of Function/Screen ID's
used in the module with page references for quick navigation.
Chapter 7
1.5
Related Documents
You may need to refer to any or all of the User Manuals while working on the Intermediary
module:
1.6

Core

Procedures

Settlements

Interest

User Defined

Retail Lending

Leasing

Mortgages

Islamic Financing
Glossary of Icons
This User Manual may refer to all or some of the following icons.
Icons
Function
Exit
Add row
Delete row
Option List
1-2
2. Intermediary - An Overview
2.1
Introduction
An intermediary is a third party who offers intermediation services between two trading
parties. From a software application perspective, an intermediary acts as a middleware
between the bank and the customer. The bank may also contract an intermediary to market
its funds, thereby attracting the customers. Intermediaries can avail the commission from the
bank on every successful loan created through them. An intermediary can be a single entity
or a group. The banks can follow hierarchical structure to group multiple intermediaries. In
case of multiple intermediaries, the commission earned should be shared with all
intermediaries who are part of the same hierarchical structure up to the specified levels.
This manual explains the processing of intermediaries in Oracle FLEXCUBE. Using the
Intermediary Service that Oracle FLEXCUBE provides, you can:

Capture and maintain the Intermediary hierarchy structure

Maintain commission plans and commission calculation for main loans and third party
products such as insurances, warranty contracts, etc

Pay commission to the intermediaries as the loan is disbursed

Maintain charge backs in case of early pay-offs and defaults

Generate Intermediary statements

Capture and maintain periodic billing and accounting
You can process intermediaries in Oracle FLEXCUBE in the following manner:

Maintain Intermediary details

Maintain intermediary rules

Maintain branch and currency restrictions

Capture Intermediary account details

2-1
3. General Maintenance
3.1
Introduction
You need to maintain the following details in order to process transactions using intermediary
services:
3.2

Branch Parameters

Intermediary System Data Element (SDE) Details

Intermediary Rules

Intermediary Group

Intermediary Hierarchy

External UDE Values
Capturing Branch Parameters
You can maintain branch-level parameters for all transaction involving the intermediary
module, using the ‘Intermediary Branch Parameters Maintenance’ screen. You can invoke
this screen by typing ‘INDBRMNT’ in the field at the top right corner of the Application tool bar
and clicking the adjoining arrow button.
Specify the following details.
Branch Code
Specify the branch code for which you are maintaining parameters. The adjoining option list
displays all valid branch codes maintained in the system. You can select the appropriate one.
Branch Name
The system displays the branch name associated with the branch code.
3-1
Process Till
This specification determines the day on which automatic events such accrual, liquidation etc.
falling due on a holiday, should be processed. Indicate your preference by selecting the
appropriate option. The available options here are:

System Date - If you select this option, events will be scheduled as per the date
irrespective of whether it is a holiday or not.

Next Working Day -1 - If you select this option, events scheduled for a holiday will be
processed on the last working day before the holiday.
Intermediary Daily Computation
Check this box to indicate that SDE calculation should happen daily for every intermediary.
Product Category for PC upload
Specify the product category to be used for Payments and Collections (PC) transaction
upload. The adjoining option list displays all product categories maintained under the PC
module. You can choose the appropriate one.
3.2.1
Actions Allowed
You can perform the following actions on a record:

New

Delete

Unlock

Save

Auth (Authorise)

Reverse

Execute

Query
Refer the Procedures User Manual for details about each action.
3.3
Viewing Branch Parameters Summary
You can view parameters maintained for every branch, using the ‘Intermediary Branch
Parameters Summary’ screen. You can invoke this screen by typing ‘INSBRMNT’ in the field
at the top right corner of the Application tool bar and clicking the adjoining arrow button.
3-2
You can query on records based on any or all of the following criteria:

Authorization Status

Record Status

Branch Code

Process Till
Click ‘Search’ button. The system identifies all records satisfying the specified criteria and
displays the following details for each one of them:
3.4

Authorization Status

Record Status

Branch Code

Process Till
Capturing Intermediary SDE Details
The following System Data Elements (SDEs) are available in the system.
Calculation
method
Element
Description
LOAN_COUNT
This SDE returns the total number of
loans created by a particular Intermediary
Periodic
LOAN_DISBURSED_AMT
This SDE returns the sum of amount
Periodic
disbursed of all loans created by a particular Intermediary.
LOAN_OVERDUE_AMT
This SDE returns the sum of all overdue amount i.e. sum of all overdue
components i.e. PRINCIPAL, INTEREST etc. of all the loans created by a
particular Intermediary.
As of date
LOAN_OVERDUE_PRINC
This SDE returns the sum of the overdue principal amount i.e. sum of PRINCIPAL of all the loans created by a
particular Intermediary.
As of date
LOAN_OUTSTAND_PRIN
C
This SDE returns the sum of outstanding principal of all the loans created by
a particular Intermediary.
As of date
LOAN_ PREPAID_AMT
This SDE returns the sum of amount
paid as pre-payment on all loans created by a particular Intermediary.
Periodic
LOAN_BOOKED_AMT
This SDE returns the sum of amount
booked on all loans created by a particular Intermediary.
Periodic
3-3
LOAN_COLLECTED_AMT
This SDE returns the sum of amount
collected by the Intermediary for the
current cycle of liquidation. This is the
actual amount collected and it
excludes the amount paid and
reversed in the current liquidation
cycle.
Periodic
LOAN_COLL_REV_AMT
This SDE returns the sum of reversed
amount, which was collected by the
Intermediary for the previous cycle but
was reversed in the current liquidation
cycle.
Periodic
CASA_COUNT
This SDE returns the total number of
CASA applications created by a particular intermediary for all the customers.
Periodic
CASA_MIN_BALANCE
The SDE returns the minimum balance required to be maintained for
CASA applications created by a particular intermediary.
Periodic
ISLAMIC_CASA_MIN_BAL
ANCE
The SDE returns the minimum balance
required to be maintained for Islamic
CASA applications created by a particular
Intermediary.
Periodic
TD_ COUNT
The SDE returns the count of Term
Periodic
deposit account referred by a particular
Intermediary
ISLAMIC_CASA_COUNT
The SDE returns the count of
As of date
Islamic CASA account referred by a
particular Intermediary.
ISLAMIC_TD_COUNT
The SDE returns the count of Islamic
term deposit account referred by a
particular intermediary
Periodic
TD_AMOUNT
The SDE returns the sum TD amount by
As of date
a particular intermediary.
TD_PART_WITHDRAW
The SDE returns the sum of the amount
As of date
withdrawn partially for TD by a particular
intermediary
TD_ROLLOVER_AMOUNT
The SDE returns the sum of the rollover
amount by a particular intermediary.
As of date
ISLAMIC_TD_AMOUNT
The SDE returns the sum of the Islamic
TD amount by a particular Intermediary.
As of date
ISLAMIC_
PART_WITHDRAW
The SDE returns the sum of the amount
withdraw partially for Islamic TD by a particular intermediary.
As of date
ISLAMIC_
TD_ROLLOVER_AMOUNT
The SDE returns the sum of the rollover
As of date
amount by a particular Intermediary for
Islamic TD
3-4
You can view details of each one of them in the ‘Intermediary SDE Maintenance’ screen. You
can invoke this screen by typing ‘INDSDEMT’ in the field at the top right corner of the
Application tool bar and clicking the adjoining arrow button.
Here you can view the following details.
Element
The system displays a unique identification code for the System Data Element (SDE).
Description
The system displays a brief description for the System Data Element.
Calculation Method
The system displays the method that should be used for calculation purposes from the
adjoining drop-down list. The options available are:
3.4.1

Periodic - These SDEs will always aggregate data for an intermediary between the last
settlement date and the next settlement date. The computation of all such SDEs will be
based on the booking date.

As of date - These SDEs will be the aggregated data as of that point in time.
Actions Allowed
You can perform the following actions on a record:

Query
3-5
Refer the Procedures User Manual for details about each action.
3.5
Viewing SDE Summary Details
You can view all SDEs maintained for intermediaries in the ‘Intermediary SDE Maintenance
Summary’ screen. You can invoke this screen by typing ‘INSSDEMT’ in the field at the top
right corner of the Application tool bar and clicking the adjoining arrow button.
You can query based on the SDE ID.
Click ‘Search’ button. The system identifies all records matching the criteria specified and
displays the following details for each of them:
3.6

Element

Description

Calculation Method
Defining an Intermediary Rule
An Intermediary Rule identifies the method to calculate commission payable to the
Intermediary and Pre-Payment/Late Payment penalty charge to be recovered from the
Intermediary. You can maintain such rules in the ‘Intermediary Rule Maintenance’ screen.
3-6
You can invoke this screen by typing ‘INDRLMNT’ in the field at the top right corner of the
Application tool bar and clicking the adjoining arrow button.
Specify the following details.
Rule ID
Specify a unique rule identification code for the Intermediary rule you are creating.
Rule Description
Give a brief description for the rule ID.
Currency
Specify the currency in which the aggregation of total amount should be considered in the
rule. The adjoining option list displays all valid currencies maintained in the system. You can
choose the appropriate one.
Exchange Rate Type
Specify the rate type to be used for cross currency transactions. The adjoining option list
displays all valid exchange rate types maintained in the system. You can choose the
appropriate one.
Rule Type
Select the type of rule from the adjoining drop-down list. The options available here are:

Payment

Collection
This value determines the accounting set-up that needs to be done for the intermediary
product.
3-7
Refer the chapter titled ‘Setting up A Product’ in this User Manual for details about product setup.
SDE Details
You can specify the following details for SDEs.
SDE ID
Specify the System Data Elements ID to be included in the rule. The adjoining option list
displays all valid SDE IDs available in the system. You can choose the appropriate one.
You can maintain multiple SDEs.
UDE ID
Specify the User Data Element ID to be included in the rule.
UDE Type
Select the type of the UDE from the adjoining drop-down list. The following options are
available:

Amount

Rate

Number
UDE Basis
Select the UDE basis from the adjoining drop-down list. The following options are available:

Internal

External
UDE Currency
Specify the UDE currency. The adjoining option list displays all valid currency codes
maintained in the system. You can choose the appropriate one.
Note that you can specify the currency only if UDE type if ‘Amount’ and basis is ‘External’.
You can maintain multiple UDEs.
3-8
3.6.1
Capturing Rule Formula
You can specify the formula for the rule using the ‘Formula’ screen. You can invoke this
screen by clicking ‘Formula’ button in the ‘Intermediary Rule Maintenance’ screen.
Specify the following details.
Line
Assign a unique sequence number/formula number for each condition. The conditions are
evaluated based on this number.
Condition
Specify the condition for the rule.
Result
Specify the result of the condition being satisfied.
To define a condition, click on ‘Condition’ in the screen above. The following screen is
displayed:
In this screen, you can use the elements, operators, and logical operators to build a condition.
3-9
Although you can define multiple expressions for a component, if a given condition is satisfied,
subsequent conditions are not evaluated. Thus, depending on the condition of the expression
that is satisfied, the corresponding formula result is picked up for component value
computation. Therefore, you have the flexibility to define a computation logic for each
component of the product.
3.6.2
Actions Allowed
You can perform the following actions on a record:

New

Delete

Unlock

Save

Auth (Authorise)

Reverse

Execute

Query
Refer the Procedures User Manual for details about each action.
3.7
Viewing Rule Summary Details
You can view details of all intermediary rules maintained in the system, using the
‘Intermediary Rule Maintenance Summary’ screen. You can invoke this screen by typing
‘INSRLMNT’ in the field at the top right corner of the Application tool bar and clicking the
adjoining arrow button.
You can query based on the following criteria:

Authorization Status

Record Status

Rule ID
Click ‘Search’ button. The system identifies all records matching the criteria specified and
displays the following details for each of them:

Authorization Status
3-10
3.8

Record Status

Rule ID

Rule Description

Rule Type
Maintaining Intermediary Group
You can associate a set of intermediaries to a group and link the group to transactions. You
can maintain such intermediary groups using the ‘Intermediary Group Maintenance’ screen.
You can invoke this screen by typing ‘INDGRPMT’ in the field at the top right corner of the
Application tool bar and clicking the adjoining arrow button.
You can specify the following details:
Group Code
Specify a unique code to identify the group that you want to maintain.
Description
Specify a brief description for the group code.
3.8.1
Actions Allowed
You can perform the following actions on a record:

New

Delete

Unlock

Save

Auth (Authorise)

Reverse

Execute

Query
3-11
Refer the Procedures User Manual for details about each action.
3.9
Viewing Group Summary Details
You can view all the details of intermediary groups in the ‘Intermediary Group Maintenance
Summary’ screen. You can invoke this screen by typing ‘INSGRPMT’ in the field at the top
right corner of the Application tool bar and clicking the adjoining arrow button.
You can query based on the following criteria:

Authorization Status

Record Status

Group Code
Click ‘Search’ button. The system identifies all records matching the criteria specified and
displays the following details for each of them:

Authorization Status

Record Status

Group Code
3.10 Maintaining Intermediary Hierarchy Details
You can maintain intermediaries in Oracle FLEXCUBE. You can also create a hierarchy of
intermediaries and specify commission processing share for each one in the hierarchy.
You can maintain such hierarchy details through the ‘Intermediary Maintenance’ screen. You
can then link the intermediary to a loan. You can invoke this screen by typing ‘INDINMNT’ in
3-12
the field at the top right corner of the Application tool bar and clicking the adjoining arrow
button.
You should specify the following details in the above screen.
Intermediary Code
The system generates a unique numeric intermediary code for every intermediary as per the
following mask:
NNNNNNNNN
Where,
NNNNNNNNN - Running sequence number
Intermediary Name
Specify the name of the Intermediary associated with the bank.
You can specify additional details for the intermediary in the following tabs:
3.10.1

Intermediary

Settlement and Statement

Products
Intermediary Tab
The system displays this tab by default when you invoke this screen.
3-13
Intermediary Details
You can specify the following details.
Primary Contact
Specify the name of the person to be contacted from the intermediary.
Type
Indicate whether the intermediary is internal or external to your bank by selecting the one of
the options from the adjoining drop-down list:

Internal

External
Branch Code
This field indicates the Home Branch of the intermediary. This value is defaulted based on the
current logged-in branch.
Effective Date
The system displays the current system date.
Intermediary Category
Specify weather the Intermediary is a single entity or group of intermediaries. The options
available here are:

Individual

Group
Group Code
If you have selected the category as ‘Group’, then you have to specify the group code to which
the intermediary should belong. The adjoining option list displays all valid intermediary group
codes maintained in the system. You can choose the appropriate one.
Parent Intermediary Code
In order to build a hierarchy of intermediaries, you need to specify the parent intermediary
code. The adjoining option list displays all valid intermediary codes maintained in the system.
You can choose the appropriate one.
The system will allow only intermediaries with the same home branch to be linked as parent
intermediary.
Parent Intermediary Name
Based on the parent intermediary code, the system displays the corresponding intermediary
name.
Intermediary Customer Number
Specify the customer number of the intermediary. You can choose the appropriate customer
number from the adjoining option list. This list displays all valid and open accounts maintained
in the system.
Address
Specify the address of the intermediary.
The system retrieves the address based on the customer number (CIF). However, you can
change it.
ZIP
Specify the ZIP code of the address.
3-14
The system retrieves the ZIP code based on the customer number (CIF). However, you can
change it.
Country
Specify the country in which intermediary resides. The adjoining option list displays all valid
country codes maintained in the system. You can choose the appropriate one.
The system retrieves the country based on the customer number (CIF). However, you can
change it.
Collection Agent
Check this box to indicate that the Intermediary can act as a collection agent.
Root Intermediary
Indicate whether the intermediary is at the root of the hierarchy or not by selecting one of the
following options:

Yes

No
Liquidation Mode
Select the mode of liquidation for settlement of intermediary transactions from the adjoining
drop-down list. The options available are:

Automatic

Manual
Minimum Amount for Liquidation
Specify the minimum amount required for primary commission liquidation. While processing
transactions for the intermediary, if the calculated amount is less than the amount maintained
here, it will not consider the amount for liquidation.
Intermediary Status
Indicate the status of the intermediary by choosing one of the following options from the
adjoining drop-down list:

Active

Inactive
Cascade Child
Check this box to indicate that status of the parent should be applied to the child
intermediaries. Once checked, if you change the status of a parent intermediary from active
to inactive, the system will make all child intermediaries inactive. However, you can also leave
the box unchecked. In such case, the status of parent intermediary will not be applied to the
child intermediaries. During hierarchy commission distribution, the system will stop
processing on encountering the first inactive record.
Level Number
The system updates the level of the intermediary in the hierarchy on saving the record.
Cascade Till
Indicate the level until which the system should process hierarchy commission by choosing
one of the following values from the adjoining drop-down list:

Immediate - If you select this option, commission hierarchy will be processed only up to
immediate parent.

Root - If you select this option, commission hierarchy will be processed up to the root
intermediary till the minimum hierarchy commission amount is reached.
3-15
Telephone
Specify the telephone number of the intermediary.
The system retrieves the telephone number based on the customer number (CIF). However,
you can change it.
Mobile
Specify the mobile number of the intermediary.
The system retrieves the mobile number based on the customer number (CIF). However, you
can change it.
Fax
Specify the facsimile (fax) number of the intermediary.
The system retrieves the fax number based on the customer number (CIF). However, you can
change it.
E-Mail ID
Specify the e-mail ID of the intermediary.
The system retrieves the e-mail ID based on the customer number (CIF). However, you can
change it.
3.10.2
Settlement and Statement Tab
Click ‘Settlement and Statement’ tab to capture details about settlement processing.
You can specify the following details.
3-16
Settlement Details
Specify the following details for settlement processing.
Settlement Currency
Specify the currency to be used for settlement processing. The adjoining option list displays
all valid currency codes maintained in the system. You can select the appropriate one.
Settlement Mode
Indicate the settlement mode by choosing one of the following values from the adjoining dropdown list:

CASA

External
If you choose ‘CASA’, you will have to specify the settlement account under ‘CASA’ section.
If you choose ‘External’, you will have to specify the settlement account for CASA as well as
external account details under the ‘External Account’ section.
Statement Details
Specify the following details for statement generation.
Statement Frequency
Select the frequency at which statement should be generated for the intermediary, from the
adjoining drop-down list. The following values are available:

Daily

Weekly

Monthly

Yearly
Statement Frequency Unit
Specify a numeric value to denote the unit of statement frequency. For example, if the
frequency is daily and the unit is specified as ‘3’, it will imply that statements should be
generated every 3 days.
Statement Start Month
From the adjoining drop-down list, select the month from which statement generation should
begin if you have chosen the frequency as ‘Monthly’ or ‘Yearly’.
Statement Start Date
Specify the date from which the statement generation should begin based on the given
frequency, using the adjoining calendar.
Last Statement Date
The system displays the date of last statement generation.
Next Statement Date
Based on the statement generation parameters, the system arrives at the next statement date
and displays it here.
CASA
If settlement needs to be done using an internal account (CASA), you need to specify the
following details.
3-17
Settlement Branch
Specify the branch code where the settlement needs to be done. The adjoining option list
displays all valid branch codes maintained in the system. You can select the appropriate one.
Settlement Account
Specify the account from which settlement needs to be done. The adjoining option list
displays all valid accounts available for the CIF. You can select the appropriate one.
Input to this field is mandatory for both CASA and External modes of settlement.
External Account
If settlement needs to be done using an external account, you need to specify the following
details.
External Account Name
Specify the name of the external account.
External Account Number
Specify the external account number.
External Bank Code
Specify the bank code to which the external account belongs. The adjoining option list
displays all valid bank codes maintained in the system. You can select the appropriate one.
3-18
3.10.3
Products Tab
Click ‘Products’ tab to capture details about products under which the intermediary can
transact.
Specify the following details:
Product Code
Specify the intermediary product in which the intermediary can transact. The adjoining option
list displays all open and authorized intermediary products maintained in the system. You can
choose the appropriate one.
You can link multiple products to the intermediary.
Product Description
The system displays a brief description of the product.
Last Settlement Date
The system displays the last settlement date for the product.
Last Processing Date
The system displays the last processing date for the product.
3-19
Next Processing Date
The system displays the next settlement date for the product based on the settlement
frequency.
Hierarchy Commission Percentage
Specify the commission that the intermediary should get in terms of a percentage of the
transaction amount.
Minimum Hierarchy Commission
Specify the minimum amount that should be granted as commission.
UDE Details
The system displays all rules linked to the product. You can specify the UDE values for them.
Rule ID
The system displays the rules that are linked to the product.
UDE ID
The system displays the UDE ID associated with the rule.
UDE Value
Specify the value for the UDE IDs.
3.10.4
Capturing Events
Click ‘Events’ button in the ‘Intermediary Maintenance’ screen and invoke the ‘Events’ screen.
Here you can view the following details:

Event Number

Event Code

Event Date
3-20
Click ‘Messages’ button and invoke the ‘Messages’ screen to view the messages generated
for the intermediary.
Here you can view the following details:

Event Number

Message Type

Party ID

Suppress

Priority
3-21
Click ‘Accounting Entries’ button and invoke the ‘Accounting Entries’ screen to view
accounting entries posted for transactions of the intermediary.
Here you can view the following details:

Branch Code

Account Number

D/C

Local Currency

Local Ccy Amount

Exchange Rate

Foreign Ccy Amount

Date

Value date

Amount Tag

Code
3-22
3.10.5
Maintaining MIS Details
Click ‘MIS’ button in the ‘Intermediary Maintenance’ screen and invoke the ‘Management
Information System’ screen.
Refer the User Manual on MIS for further details.
3.10.6
Viewing UDE Values
Click ‘UDE Values’ button in the ‘Intermediary Maintenance’ screen to invoke the ‘UDE
Values’ screen. You can view values for all UDEs applicable to the Intermediary in this screen.
Note that you will be able to invoke this screen only in the Query mode. In all other cases, this
button will be disabled.
3-23
Here you can view the following details:
3.10.7

Rule ID

UDE ID

UDE Value
Actions Allowed
You can perform the following actions on a record:

New

Delete

Unlock

Save

Auth (Authorise)

Reverse

Execute

Query
Refer the Procedures User Manual for details about each action.
3.11 Viewing Intermediary Summary Details
You can view details of all intermediaries in the ‘Intermediary Maintenance Summary’ screen.
You can invoke this screen by typing ‘INSINMNT’ in the field at the top right corner of the
Application tool bar and clicking the adjoining arrow button.
You can query on records based on any or all of the following criteria:

Authorization Status

Record Status

Intermediary Code

Intermediary Name

Intermediary Status

Parent Intermediary Code
3-24

Primary Contact

Intermediary Category
Click ‘Search’ button. The system identifies all records satisfying the specified criteria and
displays the following details for each one of them:

Authorization Status

Record Status

Intermediary Code

Intermediary Name

Intermediary Status

Parent Intermediary Code

Primary Contact

Intermediary Category
3.12 Specifying External UDE Values
You may need to capture data from external systems for computation of intermediary
commission. You can capture such data in the ‘External UDE Values Maintenance’ screen.
You can invoke this screen by typing ‘INDUDEMT’ in the field at the top right corner of the
Application tool bar and clicking the adjoining arrow button.I
Specify the following details.
3-25
Intermediary Code
Specify the intermediary code for which you want to capture external UDE values. The
adjoining option list displays all valid intermediary codes maintained in the system. You can
choose the appropriate one.
UDE Effective Date
Specify the date from which the UDE should be effective.
Product Details
You can link products to the intermediary code.
Product Code
Specify the intermediary product code for which you want to capture external UDE values.
The adjoining option list displays all valid intermediary product codes maintained in the
system. You can choose the appropriate one.
Product Description
The system displays a brief description of the product.
UDE Details
The system displays all rules linked to the specified product code.
Rule ID
The system displays all rules linked to the product.
UDE ID
Specify the external UDE ID that you want to attach to the rule. The adjoining option list
displays all valid UDEs maintained in the system. You can select the appropriate one.
UDE Currency
The system displays the UDE currency based on the UDE ID. However you can change it.
The adjoining option list displays all valid currency codes maintained in the system. You can
choose the appropriate one.
UDE Type
The system displays the UDE type based on the UDE ID. However you can change it. Select
the type of the UDE from the adjoining drop-down list. The options available here are:

Number

Rate

Amount
UDE Value
Specify the external UDE value. At the time of processing, the system checks the UDE value
for the corresponding product maintained in this screen for the maximum effective date falling
between the last liquidation date and the calculation date. If no value is maintained in this
screen, the UDE value will be considered as ‘0’.
3.12.1
Actions Allowed
You can perform the following actions on a record:

New

Delete

Unlock
3-26

Save

Auth (Authorise)

Reverse

Execute

Query
Refer the Procedures User Manual for details about each action.
3.13 Viewing External UDE Summary
You can view details of all external UDEs through ‘External UDE Value Maintenance
Summary’ screen. You can invoke this screen by typing ‘INSUDEMT’ in the field at the top
right corner of the Application tool bar and clicking the adjoining arrow button.
You can query on records based on any or all of the following criteria:

Authorization Status

Record Status

Intermediary Code

UDE Effective Date
Click ‘Search’ button. The system identifies all records satisfying the specified criteria and
displays the following details for each one of them:

Authorization Status

Record Status

Intermediary Code

UDE Effective Date
3-27
4. Setting up a Product
4.1
Introduction
You can maintain a product and define specific attributes like rules for processing
intermediary commission and also define settlement frequency for the same. This product in
turn can be linked to an intermediary.
4.2
Maintaining an Intermediary Product
You can maintain a product and link it to lending transactions requiring an intermediary. You
can maintain an intermediary product using the ‘Intermediary Product’ screen. You can invoke
this screen by typing ‘INDPRMNT ’ in the field at the top right corner of the Application tool
bar and clicking the adjoining arrow button.
You can specify the following details:
Intermediary Product Code
Specify a unique code to identify the intermediary product.
Product Description
Specify a brief description for the intermediary product.
Start Date
Specify the date from which this product will be available, using the adjoining calendar.
End Date
Specify the date until which this product will be available, using the adjoining calendar.
4-1
Remarks
You can enter some information about the product which is internal to the bank. This will not
be printed on any correspondence with the intermediary.
You can maintain additional details for the product by clicking the following buttons on the
screen.
4.2.1
Buttons
Description
Accounting
Roles
Click this button to define the accounting role to accounting head mapping.
Events
Click this button to select the events for the product and then maintain
event-wise accounting entries and advices.
Preferences
Click this button to define preferences like tenor, Prepayment option
etc.
Restrictions
Click this button to maintain the list of allowed/ disallowed branches
and currencies for the product.
Module Product
Click this button to maintain the list of allowed/ disallowed customers/
customer categories.
MIS
Click this button to capture MIS related parameters.
Specifying Accounting Roles
Click ‘Accounting Roles’ button to maintain accounting roles for the product.
Refer the chapter titled ‘Product Definition’ in the Products User Manual under Modularity for
details about role definition.
4-2
4.2.2
Specifying Events
Click ‘Events’ button and invoke the ‘Events’ screen to maintain events for the product.
Here you can specify events that should occur in the lifecycle of transactions linked to the
product.
4.2.2.1
Specifying Accounting Entries
Click ‘Accounting Entries’ button in the ‘Events’ screen and invoke the ‘Accounting Entries’
screen to maintain event-wise accounting entries.
4-3
CSCACADD__CVS_ENTRIES
4.2.2.2
Specifying Advices
Click ‘Advices’ button in the ‘Product Event Accounting Entries Maintenance’ screen and
invoke the ‘Advices’ screen to maintain event-wise advices.
All suggested accounting entries are listed in the chapter titled ‘Annexure A – Accounting
entries and Advices’ of this User Manual.
Refer to the ‘Product Definition’ User Manual under Modularity for details about events,
accounting entries and advices.
4-4
4.2.3
Specifying Product Preferences
Click ‘Preferences’ button and invoke the Intermediary Product ‘Preferences’ screen to
maintain generic attributes of the product.
Specify the following details:
Settlement Details
You can capture the following settlement details.
Settlement Frequency
Select the frequency for settlement of payment from the adjoining drop-down list. The options
available here are:

Daily

Weekly

Monthly

Yearly
Settlement Frequency Unit
Specify a numeric value to denote the unit of settlement frequency. For example, if the
frequency is daily and the unit is specified as ‘3’, it will imply that payments should be
scheduled every 3 days.
Settlement Start Month
Select the month from which settlement should begin if you have chosen the frequency as
‘Monthly’ or ‘Yearly’.
Settlement Start Date
Specify the date from which the settlement should begin based on the given frequency, using
the adjoining calendar.
Charge Back Unit
Select the unit for calculation of pre-payment penalty period from the adjoining drop-down list.
The options available here are:

Daily

Weekly
4-5

Monthly

Yearly
If the requirement is to consider all pre-payments, the penalty period can be maintained as
null and penalty unit should be left blank. In this case, the system will consider all prepayments.
Charge Back Period
Specify the period within which if prepayment is done a loan, then pre-payment penalty should
be charged from the Intermediary. This indicates the duration from the date of the first loan
disbursement. During this period, if any pre-payment is done, then pre-payment charges will
be levied on the Intermediary.
Rule Details
You can link rules to the product.
Rule ID
Specify the rule that should be linked to the product. The adjoining option list displays all
intermediary rules maintained in the system. You can select the appropriate one.
Rule Description
Based on the rule ID, the system displays a brief description of the rule.
4.2.4
Specifying Branch and Currency Restrictions
You can maintain a list of branches and currencies that should be allowed or disallowed for
all transactions under the product. You can specify such restrictions using the ‘Branch and
Currency Restrictions’ screen. You can invoke this screen by clicking ‘Restrictions’ button in
the ‘Intermediary Product’ screen.
Specify the following details.
Product Code and Description
The system displays the product code and description.
Branch To Be Considered for Computation
Indicate whether you want to create a list of allowed branches or disallowed branches by
selecting one of the following options:
4-6

Allowed

Disallowed
Currency To Be Considered for Computation
Indicate whether you want to create a list of allowed currencies or disallowed currencies by
selecting one of the following options:

Allowed

Disallowed
Branch Restriction
Depending on whether you have opted to create an ‘Allowed’ or ‘Disallowed’ list, you can
specify the branches to be included in the list.
Branch Code
Specify the branch code that should be included in the ‘Allowed’ or ‘Disallowed’ list. The
adjoining option list displays all valid branch codes maintained in the system. You can select
the appropriate one.
Branch Description
Based on the branch code, the system displays a brief description of the branch.
You can maintain multiple branches in the list.
Currency Restrictions
Depending on whether you have opted to create an ‘Allowed’ or ‘Disallowed’ list, you can
specify the currencies to be included in the list.
Currency Code
Specify the currency code that should be included in the ‘Allowed’ or ‘Disallowed’ list. The
adjoining option list displays all valid currency codes maintained in the system. You can select
the appropriate one.
Currency Description
Based on the currency code, the system displays a brief description of the currency.
You can maintain multiple currencies in the list.
4-7
4.2.5
Specifying Module Product Restrictions
Click ‘Module Product’ button in the ‘Intermediary Product’ screen and invoke the ‘Module
Products Restriction’ screen. You can maintain a list of products (from other modules) that
should be allowed or disallowed for all transactions under this product.
Specify the following details.
Product Code and Description
The system displays the product code and description.
Loans To Be Considered for Computation
Indicate whether you want to create a list of allowed loans or disallowed loans by selecting
one of the following options:

Allowed

Disallowed
Module Products Restrictions
Depending on whether you have opted to create an ‘Allowed’ or ‘Disallowed’ list, you can
specify the loan products to be included in the list.
Product Code
Specify the product code that should be included in the ‘Allowed’ or ‘Disallowed’ list. The
adjoining option list displays all valid product codes maintained in the system for the following
modules:

Retail Lending

Mortgages

Leasing
You can select the appropriate one.
Product Description
Based on the product code, the system displays a brief description of the product.
You can maintain multiple products in the list.
4-8
4.2.6
Specifying MIS Details
Click ‘MIS’ button to maintain MIS details.
Refer the Management Information System User Manual under Modularity for further details.
4.2.7
Actions Allowed
You can perform the following actions on a record:

New

Delete

Unlock

Save

Auth (Authorise)

Reverse

Execute

Query
Refer the Procedures User Manual for details about each action.
4-9
4.3
Viewing Product Summary
You can view summary details of all products using the ‘Intermediary Product Summary’
screen. You can invoke this screen by typing ‘INSPRMNT’ in the field at the top right corner
of the Application tool bar and clicking the adjoining arrow button.
You can query on records based on any or all of the following criteria:

Authorization Status

Record Status

Intermediary Product Code

Settlement Frequency

Charge Back Unit
Click ‘Search’ button. The system identifies all records satisfying the specified criteria and
displays the following details for each one of them:
4.4

Authorization Status

Record Status

Intermediary Product Code

Settlement Frequency

Charge Back Unit
Specifying UDE Values
As you can recall, you can link rules to a product. A rule consists of System Data Elements
and the User Data Elements. You can maintain the values for the UDEs defined for the rule
in the ‘Internal UDE Value Maintenance’ screen. You can invoke this screen by typing
4-10
‘INDIUDVM’ in the field at the top right corner of the Application tool bar and clicking the
adjoining arrow button.
Specify the following details:
Product Code
Specify the Intermediary product code for which you want to maintain UDE values.
Rule ID
The system displays all intermediary rules linked to the product.
UDE ID
The system displays the UDE ID linked to the rule.
UDE Value
Specify the value for the applicable UDE IDs.
4.4.1
Actions Allowed
You can perform the following actions on a record:

New

Delete

Unlock

Save

Auth (Authorise)

Reverse

Execute

Query
Refer the Procedures User Manual for details about each action.
4-11
4.5
Viewing UDE Summary Details
You can view summary details of all UDE values in the ‘Internal UDE Value Maintenance
Summary’ screen. You can invoke this screen by typing ‘INSIUDVM’ in the field at the top right
corner of the Application tool bar and clicking the adjoining arrow button.
You can query on records based on any or all of the following criteria:

Authorization Status

Record Status

Product Code
Click ‘Search’ button. The system identifies all records satisfying the specified criteria and
displays the following details for each one of them:

Authorization Status

Record Status

Product Code
4-12
5. Operations
5.1
Introduction
You can process commission payment/charge collection at defined frequency level for every
intermediary based on the transactions. You can also pay commission/collect charge to/from
the intermediary at a pre-defined frequency specified for every intermediary product.
Hierarchy distribution of the commission is done based on the hierarchy percentage
maintained at intermediary product level.
After settlement is done, the system generates an intermediary statement based on the
product maintenance displaying details of computation and the settlement amount.
This chapter explains the processing for computing commission.
5.2
Commission Processing
As part of the End of Day (EOD) processing, the system computes System Data Elements
(SDEs) for the Intermediaries across products. Calculation of SDEs is done for intermediaries
based on the branch-level parameter ‘Daily SDE Computation’. If the branch parameter is
checked, the system will do daily computation of SDEs for all intermediaries irrespective of
whether the settlement is due on application date or not. If it is not checked, the system will
compute SDEs only if settlement processing is due on the said date.
Consider the following example:
Assume a transaction with the following details:

SDE - LOAN_DISBURSED_AMT

Batch Processing Date - 01 February, 2009

Last Settlement Date for the intermediary product - 01 January, 2009
The batch will calculate the total amount disbursed for the intermediary between last
settlement date, i.e 01 January, 2009 and processing date i.e. 01 February, 2009. This
amount will be used for computation of the SDE and then logged into a data store for
processing.
Subsequent to SDE calculation, the system does the following:

Calculation of amount for all the rules for the product (say INP1)
–
Assume the following figure is calculated rule-wise:
RUL1: 200 (Commission)
RUL2: 100 (Charge/Penalty)

Netting the amount across all the rules
–
For above scenario, the accounting should be as under
RUL1
Accounting Role
Amount Tag
Debit/Credit
Expense
200
Dr
Intermediary
200
Cr
5-1
RUL2
Accounting Role
Amount Tag
Debit/Credit
Intermediary
100
Dr
Income
100
Cr
In the above scenario, netting will be done as under:
Accounting Role
Amount Tag
Debit/Credit
Expense
200
Dr
Income
100
Cr
Intermediary
100
Cr

Processing settlement with the intermediary based on netted amount
–
The system posts settlement entries as per the netted. The settlement with the
intermediary is based on the intermediary set-up. If CASA is the settlement mode
maintained for the intermediary, settlement will happen using the CASA maintained.
If External Account is the settlement mode maintained, then settlement will happen
using a PC transaction.
The system performs the following validations:
5.2.1

For every product-intermediary combination, a liquidation reference number is
generated. The sequence is based on the product code. The entries are passed when
the INLQ event defined at the product level is triggered.

If the settlement mode of the intermediary is CASA, settlement will be processed with
the CASA (both debit/credit).The corresponding debit/credit advice will get generated
for the intermediary based on the product set-up and the netted amount. If the netted
amount to the intermediary is a credit, credit advice will get generated. If the netted
amount is a debit, debit advice will get generated.

If the settlement mode of the intermediary is ‘External Account’, the system will check
for the following:
–
If the transaction is a credit to the intermediary, settlement will get processed using
a PC transaction based on the maintenance at intermediary level and the category
maintained at the intermediary branch level.
–
If the transaction is a debit to the intermediary, settlement will get processed using
the settlement account/branch maintained for the intermediary.
Settlement of Commission Between Intermediaries
Oracle FLEXCUBE supports commission settlement between intermediaries in a hierarchical
way. The system computes the hierarchy amount payable to the parent intermediary for each
5-2
intermediary based on the intermediary maintenance. The following diagram illustrates the
hierarchical structure that can be maintained for intermediaries.
The computation happens till the level specified at the intermediary level. If the level is
immediate, calculation will happen only till the immediate parent level; otherwise it will happen
till the root level. This computation will happen product-wise for the intermediary.
5.3
Viewing Intermediary System Data Elements
Fore a given product, you can view all SDE values for the current liquidation cycle, through
the ‘Intermediary SDE View’ screen. You can invoke this screen by typing ‘INDSDVAL’ in the
field at the top right corner of the Application tool bar and clicking the adjoining arrow button.
Here you can capture the following details.
Product Code
Specify the product for which you want to view SDEs. The adjoining option list displays all
valid Intermediary products maintained in the system. You can select the appropriate one.
Intermediary Code
Specify the Intermediary code for which you want to view SDEs. The adjoining option list
displays all valid Intermediary codes maintained in the system. You can select the appropriate
one.
5-3
5.3.1
Actions Allowed
You can perform the following action on a record:

Query
Refer the Procedures User Manual for details about each action.
5.4
Viewing SDE Summary
You can view a summary of all SDEs for different product-intermediary combinations, through
the ‘Intermediary SDE View Summary’ screen. You can invoke this screen by typing
‘INSSDVAL’ in the field at the top right corner of the Application tool bar and clicking the
adjoining arrow button.
You can query based on all or any of the following criteria:

Product Code

Intermediary Code
Click ‘Search’ button. The system identifies all records satisfying the specified criteria and
displays the following details for each one of them:
5.5

Product Code

Intermediary Code

SDE

SDE Value
Viewing Calculated Commission
You can view all the accounts considered for commission/charge calculation across
intermediary products for a given execution date, using the ‘Intermediary Calculation View’
5-4
screen. You can invoke this screen by typing ‘INDIVIEW’ in the field at the top right corner of
the Application tool bar and clicking the adjoining arrow button.
Specify the following details.
Product Code
Specify the intermediary product code for which you want to view commission calculation.
Intermediary Code
Specify the intermediary code for which you want to view commission calculation.
Branch Code
Specify the branch code under which transactions should be considered for commission
calculation view.
Reference Number
Specify the contract reference number for which you want to view commission calculation.
Event Code
Specify the event code for which you want to view commission calculation.
Execution Date
Specify the date of automatic transaction execution based on which you want to view
commission calculation.
Rule ID
Specify the intermediary rule based on which you want to view commission calculation.
Manual Execution Date
Specify the date of manual transaction execution based on which you want to view
commission calculation.
Amount
Specify the transaction amount based on which you want to view commission calculation.
5-5
Currency
Specify the transaction currency based on which you want to view commission calculation.
SDE ID
Specify the SDE ID based on which you want to view commission calculation.
SDE Value
Specify the SDE value based on which you want to view commission calculation.
Settlement Branch
Specify the settlement branch code based on which you want to view commission calculation.
Settlement Account
Specify the settlement account based on which you want to view commission calculation.
Hierarchy Commission Processed
Indicate the hierarchy commission processing status by choosing one of the following options
from the adjoining drop-down list:

Yes

No
Click Single View icon. This screen displays the following details of accounts considered for
commission calculation:
5.5.1

Reference Number

Branch Code

Customer ID

Book Date

Module Code
Actions Allowed
You can perform the following action on a record:

Query
Refer the Procedures User Manual for details about each action.
5-6
5.6
Viewing Commission Calculation Summary
You can view summary of all commission calculation through the ‘Intermediary Calculation
View Summary’ screen. You can invoke this screen by typing ‘INSIVIEW’ in the field at the top
right corner of the Application tool bar and clicking the adjoining arrow button.
You can query on records based on any or all of the following criteria:

Product Code

Branch Code

Event Code

Rule ID

Intermediary Code

Reference Number

Execution Date
Click ‘Search’ button. The system identifies all records satisfying the specified criteria and
displays the following details for each one of them:

Product Code

Branch Code

Event Code

Rule ID

Intermediary Code

Reference Number

Execution Date

Rule ID

Hierarchy Commission Processed

Amount

Currency

SDE ID

SDE Value

Settlement Branch
5-7

5.7
Settlement Account
Liquidating Intermediary Commission Manually
As mentioned before, commission calculation and liquidation can be automated as part of the
EOD batch. However, you can also manually liquidate commission or charge for the failed
settlements in the batch, through the ‘Intermediary Manual Liquidation’ screen. You can
invoke this screen by typing ‘INDMPMCL’ in the field at the top right corner of the Application
tool bar and clicking the adjoining arrow button.
Specify the following details.
Product Code
Specify the intermediary product code for which you want to liquidate commission. The
adjoining option list displays all valid product codes maintained in the system. You can select
the appropriate one.
Rule ID
Specify the intermediary rule based on which you want to liquidate commission. The adjoining
option list displays all valid rule IDs maintained in the system. You can select the appropriate
one.
Intermediary Code
Specify the intermediary code for which you want to liquidate commission. The adjoining
option list displays all valid intermediary codes maintained in the system. You can select the
appropriate one.
Branch Code
The system displays the current logged-in branch code.
Reference Number
Specify the contract reference number for which you want to view liquidate commission. The
adjoining option list displays all transactions linked to the intermediary. You can select the
appropriate one.
5-8
Event Code
Specify the event code for which you want to liquidate commission.
Execution Date
Specify the date of automatic transaction execution based on which you want to liquidate
commission, using the adjoining calendar.
Amount
Specify the commission amount that you want to liquidate.
Currency
Specify the currency based on which you want to liquidate commission.
SDE ID
Specify the SDE ID based on which you want to liquidate commission.
SDE Value
Specify the SDE value based on which you want to liquidate commission.
Settlement Branch
Specify the settlement branch code based on which you want to liquidate commission.
Settlement Account
Specify the settlement account based on which you want to liquidate commission.
Manual Execution Date
Specify the date of manual transaction execution based on which you want to liquidate
commission, using the adjoining calendar.
Click Single View icon. This screen displays the following details of accounts considered for
commission liquidation:
5.7.1

Reference Number

Branch Code

Customer ID

Book Date

Module Code
Actions Allowed
You can perform the following actions on a record:

New

Delete

Unlock

Save

Auth (Authorise)

Reverse

Execute

Query
Refer the Procedures User Manual for details about each action.
5-9
5.8
Viewing Manual Liquidation Summary
You can view summary of all manual liquidations through the ‘Intermediary Manual
Liquidation Summary’ screen. You can invoke this screen by typing ‘INSMPMCL’ in the field
at the top right corner of the Application tool bar and clicking the adjoining arrow button.
You can query based on all or any of the following criteria:

Authorized

Branch Code

Rule ID

Execution Date

Product Code

Intermediary Code

Event Code

Reference Number
Click ‘Search’ button. The system identifies all records satisfying the specified criteria and
displays the following details for each one of them:

Authorized

Product Code

Branch Code

Intermediary Code

Rule ID

Event Code

Execution Date

Reference Number
5-10
6. Annexure A – Accounting Entries and Advices
6.1
Introduction
This section contains details of the suggested accounting entries that can be set up for the
Intermediary module of Oracle FLEXCUBE. The details of the suggested accounting entries
are given event-wise.
6.2
Events
You can link the following events to an Intermediary product.
6.3
Event Code
Event Description
INLQ
Intermediary Liquidation
INHL
Intermediary Hierarchy Liquidation
IMST
Intermediary Statement
Accounting Roles
The following accounting roles are available in the module.
6.4
Accounting Role
Role Description
EXPENSE
Expense GL
REC_INTER
Receiving Intermediary
PAY_INTER
Paying Intermediary
INCOME
Income GL
Amount Tags
The following amount tags are available in the module.
6.5
Amount Tag
Tag Description
<RULEID>_INTERPAY_AMT
Amount paid to the Intermediary
INTERHIE_AMT
Amount for hierarchy-wise settlement
Accounting Entries and Advices
You can set up accounting entries for the following types of products:

Payment

Collection
6-1
6.5.1
Payment
For a product linked to payment type of rule, you can maintain the following accounting
entries.
6.5.1.1
Accounting Entries
INLQ – Intermediary Liquidation
6.5.1.2
Dr/Cr Indicator
Accounting Role
Amount Tag
Dr
EXPENSE
<RULEID>_INTERPAY_AMT
Cr
REC_INTER
<RULEID>_INTERPAY_AMT
Advices
You can link the following advices to the events.
Event
Message Name
Description
INLQ
IN_INTER_CR
Credit Advice
INLQ
IN_INTER_DR
Debit Advice
IMST
IN_INTER_STMT
Intermediary Statement
The advices will address the primary intermediary.
6.5.2
Collection
For a product linked to collection type of rule, you can maintain the following accounting
entries.
6-2
6.5.2.1
Accounting Entries
INLQ – Intermediary Liquidation
Dr/Cr Indicator
Accounting Role
Amount Tag
Dr
PAY_INTER
<RULEID>_INTERPAY_AMT
Cr
INCOME
<RULEID>_INTERPAY_AMT
Cr
REC_INTER
<RULEID>_INTERPAY_AMT
Dr
EXPENSE
<RULEID>_INTERPAY_AMT
INHL – Intermediary Hierarchy Liquidation
Dr/Cr Indicator
Accounting Role
Amount Tag
Dr
PAY_INTER
INTERHIE_AMT
Cr
REC_INTER
INTERHIE_AMT
Rule ID will be replaced with actual Rule ID while processing the entries.
6.5.2.2
Advices
You can link the following advices to the events.
Event
Message Name
Description
INLQ
IN_INTER_CR
Credit Advice
INLQ
IN_INTER_DR
Debit Advice
IMST
IN_INTER_STMT
Intermediary Statement
The advices will address the primary intermediary.
If settlement mode for intermediary is CASA for both debit and credit, the settlement details
will be picked up from the settlement account maintenance for the intermediary.
If settlement mode for intermediary is ‘External Account’, the credits will be handled using the
external account by triggering a PC transaction. Debits to intermediary will be handled using
the settlement account details maintained for the intermediary.
6.6
Advice Format
You can maintain the following advice formats using the ‘Advice Format’ screen:

INTER_CR_ADV (for credit advice)

INTER_DR_ADV (for debit advice)

INTER_STMT (for intermediary statement)
6-3
6.6.1
INTER_CR_ADV
You can capture the following details in this format:
6.6.2

Date

Intermediary Code

Intermediary Name

Address

Intermediary Customer Id

Value Date

Amount

Currency

Credit Account
INTER_DR_ADV
You can capture the following details in this format:
6.6.3

Date

Intermediary Code

Intermediary Name

Address

Intermediary Customer Id

Value Date

Amount

Currency

Debit Account
INTER_STMT
You can capture the following details in this format:

Date

Statement Period

Intermediary Code

Intermediary Name

Address

Intermediary Customer id

Transaction Date

Transaction Details

Amount

Currency

Debit/Credit

Settlement account
6-4
7. Function ID Glossary
I
INSBRMNT ........................... 3-2
INSGRPMT ........................ 3-12
INSINMNT .......................... 3-24
INSIUDVM .......................... 4-12
INSIVIEW ............................. 5-7
INSMPMCL ........................ 5-10
INSPRMNT ......................... 4-10
INSRLMNT ......................... 3-10
INSSDEMT ........................... 3-6
INSSDVAL ............................ 5-4
INSUDEMT ......................... 3-27
INDBRMNT ........................... 3-1
INDGRPMT ........................ 3-11
INDINMNT .......................... 3-12
INDIUDVM .......................... 4-11
INDIVIEW ............................. 5-5
INDMPMCL .......................... 5-8
INDPRMNT ........................... 4-1
INDRLMNT ........................... 3-7
INDSDEMT ........................... 3-5
INDSDVAL ............................ 5-3
INDUDEMT ......................... 3-25
7-1
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