1.4 Identify Loan to Be Billed

Reference: Manage Loan Charges Process Model - Page 1 for the associated business process diagram.

Group:

•	Create Bill Segment

•	Generate Bill Segment

•	Batch Billing

Actor/Role: CC&B

Description: This task could be initiated from online and from batch billing.

•	Manual Process: System identifies the specific Customer's loan based on the request criteria specified in step 1.2 of the current process.

•	Automated Process: System identifies Customer's Loans that needs to be billed based on billing method specified for Loan. Typically all the loans that require billing when Bill window is “open” are selected.

Note: Typically loans are billed in advance and it's a common practice to use Future Anniversary Billing method for Companies to bill Loans. Loan Bill Segment creation does not allow for prorated Interest Rate - Bill Factor.

Available Algorithms

•	BSBS-LO Algorithm Type

•	C1-BSBS-LO Algorithm creates a bill segment for a loan SA

Process Names

•	Billing - The Bill cycle Batch processing creates Bills and Bill Segments for accounts with an “open” Bill cycle.

Entities to Configure

•	Bill Segment Type

•

SA Types

•	Customer Class

•	Bill Cycle

•	Bill Schedule