1.1.1.0 Evaluate Cash Deposit Refund Eligibility

Reference: Refund Deposit Process Model - Page 2 for the business process diagram associated with this activity.

Actor/Role: CC&B

Description: Another way to initiate a Deposit Refund is to initiate the Background process "Refund Deposit". This is a scheduled process and runs periodically. The first step of this process evaluates Cash Deposits against refund criteria and determines if a deposit can be refunded.

Process

•	DEPRFND - Deposit Refund background process

Entities to Configure

•	Deposit Class

•

SA Type

•	Installation Options

Available Algorithms

•	Refund Criteria:

•	CI_REFUNDCOM - Refund if good customer and deposit held for 24 mo

•	Refund Criteria:

•	CI_REFUNDRES - Refund if good customer and deposit held for 12 mo

•	Refund Criteria:

•	C1-DEPNORFND - No deposit refund

•	Refund Method:

•	CI_APPLYDEP - apply the deposit to other SAs in the deposit class

•	Interest Refund:

•	CI_REFUNDINT - Interest is calculated by multiplying the average daily balance by the Interest Rate (defined using Bill Factor Code). The system applies interest to the deposit service agreement by levying an adjustment (the adjustment type is defined using Adjustment Type).

•	Good Customer:

•	C1-DEPBAD - Always says the customer is bad

•	Good Customer:

•	C1-DEPGOOD - Customer is good if credit rating >= Installation Option credit rating threshold