1.8 Create Bill Segments Lines and Bill Segments

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: The system creates a bill segment and Bill Segment's Bill lines. One bill line shows the amount of interest in the payment (Line 1), and another bill line shows the amount of principal (2nd line).

Note: The principal amount is equal to the service agreement's periodic payment amount minus the amount of calculated interest.

This step can be executed from online and batch processing.

Available Algorithms

•	BSBS-LO Algorithm Type - Create a bill segment for a loan SA

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

Process Names

•

Billing

Entities to Configure

•	Bill Segment Type

•

SA Type