Condition Assignment

Definition

A condition assignment assigns a condition table to a product. As a result, the standard conditions contained in the condition table apply for the assigned product.

A condition assignment has the following properties:

  • It contains a status management function

  • It is protected by an authorization check

  • It is incorporated in the release procedure

Use

You can use condition assignment to assign condition tables to a product for each condition group. By assigning condition tables to your products, you apply interest and charge conditions to them. These are used by the system when you create a contract or carry out business operations.

Note Note

You can only use the condition assignment functions for loans that are based on the following product categories:

End of the note.

  • Consumer Loan (340)*

  • Installment Loans (360)

    Note Note

    Within Loan Origination you can use products and condition tables for additional product categories. For more information, see Products and Conditions for Loan Origination .

    End of the note.

Structure

  • Data

    You create a condition assignment for a product.

    You can enter data for the following assignments:

    • Data per assignment for creating a contract

      In addition to the validity period you have to specify a condition table, a sales channel and an organizational unit.

    • Data per assignment for business operations

      You need to enter the validity period and a condition table.

      The system also displays administrative data for information purposes, such as the user to last make changes, or the date on which the condition assignment was created.

  • Status

    A condition assignment can pass through several different statuses; it is saved and/or flagged for activation and can then be activated . If the release procedure is not activated, you can activate a condition assignment straight away.

    The condition assignment is linked to a staggered release procedure based on the principle of multiple control. For more information, see Release .

    The following statuses are possible:

    • Status New

      The data entered was saved when the condition assignment was created.

      You can still change and if necessary delete the condition assignment. If you delete it, the data is then deleted from the database.

      In this status the condition table is not considered when contracts are created or when a business operation is executed.

    • Status Flagged for Activation

      If the release procedure is activated, a condition assignment with status New has been flagged for activation so that is can be released, in other words activated, by another employee in the Business Workplace .

      You can still change the condition assignment.

      In this status the condition table is not considered when contracts are created or when a business operation is executed.

    • Status Active

      A condition assignment in status New has been activated or if the release process is activated, it has been flagged for activation and released in the Business Workplace.

      You can no longer change the condition assignment but must create a new condition assignment if you need to change data. You can also delete the condition assignment if you need too, however the assignment is only logically deleted and is not deleted from the database.

      In status Active the condition table is considered when contracts are created or when a business operation is executed.

    • Status Flagged for Deletion

      If the release procedure is activated, a condition assignment with status Active has been flagged for deletion so that is can be released, and so deleted, by another employee in the Business Workplace .

      In this status the condition table is not considered when contracts are created or when a business operation is executed.

    • Status Deleted

      A condition assignment with status Active has been deleted. The data has only been deleted logically and has not been deleted from the database.

      In this status the condition table is not considered when contracts are created or when a business operation is executed.

Integration

Using condition assignments, you assign one or more condition tables to a product .

See also:

Editing a Condition Assignment

Example Condition Table and Condition Assignment – Consumer Loan

Example Condition Tables: Installment Loan