Oracle® Rules Palette Release 9.1.0.0.0 E15811-01

# Step 2: Configure the ValuationDetails Rule

This global rule turns on proper rounding in valuation calculations for deposits. When a new plan is created a currency code is assigned for all policies on that plan.

Rounding methods can be defined for each currency in the Admin Explorer. The rounding method used depends on the planGUID for the activity being processed. The planGUID is used to locate the default currency code, which is a foreign key to the AsCurrency table. To configure rounding for currencies, go to the Admin Explorer in the Rules Palette and open the Currency Folder.

Steps to Configure the Valuation Details Rule

1. Navigate the Global Rules Explorer.

2. Expand the Business Rules | System folder.

3. Check-out the ValuationDetails.xml file.

4. Configure the rule as shown in the XML Syntax example below.

5. Check-in the rule to save your changes to the database.

XML Syntax Example for ValuationDetails rule

<ValuationDetails>

<Rounding LEVEL="Deposit"></Rounding>

</ValuationDetails>

How rounding is determined for Deposit level valuation processing