Oracle® Insurance Rules Palette
In OIPA, an activity that does not cause the reversal of any other activities and cannot be reversed by another activity, is called a Nonreversible-Nonreversing activity.
These activities are unaffected by the activities that process around them. A Non-reversible-Nonreversing activity can be processed in the midst of multiple activities and if those activities are reversed, it will remain unaffected.
These activities can be deleted from the Activity screen before they are processed, but once processed, the user will have no delete or recycle options. The only way to delete a Nonreversible/Nonreversing activity is to use the Delete checkbox on the Activity screen. A user will only be able to click the Delete checkbox if security privileges are assigned to that user.
An End of Quarter report needs to be generated. The document needs to be processed on the actual End of Quarter date, but that date occurs during a holiday. OIPA must wait to process the policy information on the next business day. It then backdates the End of Quarter Report for the actual date of the end of the quarter. Backdating the activity does not cause any undo/redo processing.
Six transactions were configured to demonstrate how a Nonreversible-Nonreversing activity can spawn a variety of other activity types. When the PolicyFinancialNonreversible-Nonreversing activity is processed , it will spawn three additional activities: itself, PolicyDocumentNonReversibleNonReversing and PolicyReversibleReversing. Keep in mind that even if a spawned activity is a type that can be reversed, since it is a spawn, the delete and recycle icons will not be available.
Navigate to Global Explorer | Transactions | PolicyFinancialNonreversible-Nonreversing | PolicyFinancialNonreversible-Nonreversing (Functional Prototype Plan) to view all of the configured transactions.
The activity names describe the type and behavior of the activity. There are three parts to each name. Example: PolicyFinancialNonreversible/Nonreversing
Three additional transactions were added to the Functional Prototype Plan to help with the spawning of a regular Reversible/Reversing transaction from the Non-Reversible/Non-Reversing.
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