Account Records for Transactions with Suspense

When an activity processes that has suspense configuration, the system will locate the suspense record through the suspense number saved with the activity. The system will compare the amount entered in the activity to the amount left in the associated suspense record.

Only one record for suspense is used during the suspense record's life, which is continuously updated with attached amounts until the record is in a closed status. Additions and reverses will happen to the one record according to the activity processing.

There are constant hard code suspense statuses that cannot be configured. However, additional statuses can be created and stored in the AsCodes table via AsCodeSuspenseStatus. Additional statuses may be needed if the GenerateSuspense rule is used to configure the creation of suspense records for transaction processing.

Hard Coded Suspense Statuses

01: NotApplicable

02: Pending

12: Deleted

15: Open

16: Closed

Additional Suspense Status Examples

03: Processed

04: Reversed

     
Copyright © 2017, Oracle and/or its affiliates. All rights reserved. About Oracle Insurance | Contact Us