In the
Distribute Credit to Multiple Recipients
mass activity (transaction VAZE), you can create a clearing document for each open credit item that is to be disbursed to multiple alternative payment recipients.
The clearing document contains a business partner item with the appropriate partial amount for every alternative payment recipient, which is to be paid out to the alternative payment recipient, and also contains the alternative payment recipient as an alternative partner.
Caution
You must execute the mass activity before the payment run.
For an insurance object, you can enter an alternative payment recipient or a list of alternative payment recipients, by specifying distribution rules and partial amounts to be allocate.
You enter a credit document without taking the alternative payment recipient into account: If you have specified alternative partners in a credit document, these values take precedence over the alternative payment recipients for the contract account or contract.
In Customizing, you have defined the allocation types for credit splitting, and allocated the amount noted in the credit document to various amounts, which are disbursed to the alternative payment recipients.
To execute credit splitting, enter one or more alternative payment recipients for the insurance object.
If you want to specify multiple payment recipients, proceed as follows:
In the processing view for the insurance object, set the
Sel. More than One Payt Recipient
flag.
The system deactivates the
Alt. Payt Rec.
Field and also displays the
Outgoing Payments
tab page.
Enter outgoing payment methods and an allocation type, as well the reason for locking a contract account for outgoing payments (outgoing payment lock), if required.
Your selection of allocation type determines how you specify credit splitting in the following section (see table).
Now specify the list of alternative payment recipients in the
Outgoing Payment: Recipient Data
section
.
You have the following options, dependent on the selected allocation type.
Field |
Meaning |
---|---|
|
The field defines the sequence in which payments are made to the recipient. The ID is only important if you allocate the disbursement amount absolutely, and the disbursement total is less than the specified absolute amounts (see below). |
|
In this field, you specify the percentage allocation of credit to the individual recipients. The total of the percentage shares must be 100%. The payment recipient ID has no influence on the amount actually disbursed. |
|
In this field, you specify the absolute amounts that are to be disbursed to the recipients. The credit is disbursed to the payment recipients until the total credit has been used us, meaning the last payment recipient(s) receive(s) the remainder, and no more. |
|
You set the flag if you have selected the
You can assign the flag, regardless of the ID. |
Save your specifications.
Note
If you remove the
Sel. More than One Payt Recipient
flag on the
Collections/Disbursements
tab page, the system only deactivates the list of alternative payment recipients and hides the
Disbursements
tab page. The data is retained in the system and can be reactivated at any time.
You can find more information about creating and changing insurance objects in the Create/Change/Display Insurance Object-Partner Relationship chapter.
For more information about scheduling mass activities, see the section Functions for Scheduling Mass Activities .