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 Group Box Edit Automatic Waiver

Use

In the group box Automatic Waiver , you edit those fields of a condition that are included in Amount Category 170000 Automatic Waiver

In this group box you define an automatic waiver condition that causes the bank to waive certain prices (interest and charges) automatically before the customer is debited. If the waiver is meant to be clear for the customer, the system generates a separate posting for the waiver amount. You can control this procedure with the waiver method, if you define an Automatic Waiver condition type in Condition Type Customizing in your application.

Automatic waiver conditions are used for pricing conditions. You can define them as standard conditions or individual conditions. An automatic waiver condition always refers to at least one reference condition type. The indicator Permit Waiver must be set for the assigned amount category in Customizing for this condition type

Prerequisites

The condition to be edited is based on the condition category 170000 Automatic Waiver that is permitted for the amount category 170000 Automatic Waiver. For more information, see Amount Category .

You have defined a condition category with the following settings in Condition Type Customizing in your application:

  • Condition category: 170000 Automatic Waiver

  • Posting +/- sign: Credit Memo

  • Screen sequence: 170000 Automatic Waiver

  • Calculation category: 8020 Automatic Waiver

  • Waiver method

Procedure

You are in the Condition Details screen area in the Automatic Waiver Group Box For information about the screen layout and screen areas in condition editing, see Condition Processing under Scope of Functions .

You can make the following settings when editing a condition with the amount category 170000 (Automatic Waiver) .

  • To create a waiver condition with just one condition item, choose 0 (no tiered or interval calculation) in the Tier/Interval field.

    To create a waiver condition with more than one condition item, choose 5 (multiple rule) in the Tier/Interval field.

  • Choose one or more reference condition type for each condition item.

  • Specify an amount or a percentage for each condition item that is to be waived.

    • If you specify an amount, you can use the indicator Waiver to to control whether the amount is the upper or lower limit for the waiver.

      • If you set the indicator, the specified amount is the limit up to which the waiver is valid. This means the sum exceeding this amount is charged.

      • If the indicator is not set, the waiver amount is a lower limit. Amounts over this limit can be waived. . The means the specified amount is charged and anything over the limit is waived.

    • If you specify a percentage, you can define a minimum or maximum amount that is to be waived.

  • Choose a waiver period that determines the time period in which an amount is waived (independent of the validity period of the waiver condition)Define the waiver period in Customizing in your application.

    The time period for a waiver period is determined as follows:

    • The end of the waiver period corresponds with the end of the current settlement period.

    • The start of the waiver period is determined by taking into account the key dates (starting from the end of the waiver period) entered in Customizing for the Waiver period in your application.

If you choose 5 (multiple rule) in the Tier/Interval field, you can use the Formula Editor to define more than one rule for a condition. The system checks these rules in succession. To create a rule, choose Define Condition Rule .

Result

You have defined an automatic waiver.