4.0 Update Bill Segments to Canceled

Reference: Manage Loan Charges Process Model - Page 2 for the associated business process diagram.

Actor/Role: CC&B

Description: The existing Bill Segments is updated to Canceled status in CC&B. If a Bill Segment is cancelled, another Financial Transaction is created to reverse the original Financial Transaction. The cancellation Financial Transaction appears on the next Bill produced for the account as a Bill correction.

Available Algorithms

•	BSFZ-Empty - This is a Customer Class Bill Segment freeze/cancel algorithm.

Entities to Configure

•	Installation Options - Bill Freeze Options

•	Customer Class