2.5 Create Payment Financial Transactions

Reference: Manage Auto-Payments Process Model - Page 1 for the business process diagram associated with this activity.

Group:

•	Billing. Bill Completion

•	Distribute and Freeze Auto Payments

Actor/Role: CC&B

Description: System creates corresponding Financial Transactions and Financial Transaction- General Ledger data using established business rules. Refer to 4.3.1.1 Manage Payments.

This step is executed from batch and online processing.

•	Automated Process: System automatically creates Automatic Payment Financial Transactions when:

•	Billing (Bill completion) process runs and business rules require Automatic Payment creation at the Bill completion time.

•	Distribute and Freeze Auto Payment background process runs (it runs right after Auto Payment Creation process).

•	Manual Process: Automatic Payment Financial Transactions get created when:

•	CSR or Authorized User creates/modifies Automatic Payment for Account using Payment Event screen.

•	CSR or Authorized User completes the Customer’s bill (in case that business requires to create Auto Payment at bill completion type).

Entities to Configure

•	Customer Class

•	Installation Options

•	Payment Segment Type

Available Algorithms

•	PSEG-CA - Payment FT creation (Payoff Amt = 0 / Cur Amt = Pay Amt / GL AFFECTED

•	PSEG-NM - Payment FT creation (Payoff Amt = Current Amt = Pay Amt)

•	PSEG-AC - CASH ACCTING! Payoff Amt = Current Amt = Pay Amt

•	CI-FTGL-PSAC - Deferred Accrual Payment = Current = Payment Amt

•	C1-NCPAY-FT - Create FT for Non CIS Payments

•	CI_APAY-DFLT - Automatic Payment Creation

Process Names

•	BILLING - Billing

•	APAYDSFR - Distribute and Freeze Auto Payments