1.9 Create Financial Transactions

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

Group:

•	Generate Bill Segment

•	Batch Billing

Actor/Role: CC&B

Description: CC&B creates the associated financial details related to the Bill Segment. The Financial Transaction contains the financial effects of the Bill Segment on the Service Agreement's current and payoff balances and on the General Ledger. This step can be executed from online and batch processing.

Entities to Configure

•

SA Type

•	Bill Segment Type

Process Names

•

BILLING

Available Algorithms

•

BS-BO-DFT - This bill segment financial transaction algorithm creates a financial transaction for a bill segment where: Payoff amount = 0 - Current amount = bill amount - The general ledger is not affected This algorithm should be plugged-in on all bill segment types that only affect a service agreement's current balance.