High Level Steps to Configure for Valuation

Several portions of configuration must be completed before the valuation functionality will become enabled.  Initially, funds must be configured for each plan that will use valuation. After funds are configured, additional business rules can be configured as desired to suit specific business needs.

Commonly used valuation-related business rules:

• InterestRateCalculation business rule

• Rates, as required for use in the InterestRateCalculation business rule

• Valuation Calculation, such as FreeAmountFormula and/or MVA

• For variable funds, GainLossCalculations business rule

• PolicyValues business rule

• ValuesScreen and/or InquiryScreen business rule

In order for Valuation to be executed, transactions requiring Valuation must have the <Valuation> section properly configured. In many cases where Allocations and Assignments are also used, the <Allocations> and <Assignment> sections must also be configured.

There are other rules that may be configured depending on the type of funds you are using.  Refer to the Funds section for additional information about fund types.