Maintaining Amount Notice
Use
You maintain the amount notices data for an account on the Amount Notices tab page. This tab page also provides you with functions for notice management and resetting withdrawal allowances under the Available Amounts group box.
Prerequisites
Amount notice is available as a feature for the product on which the account is based. You have entered the relevant settings for the product in Customizing for Bank Customer Accounts (BCA), by choosing Master Data ® Product Definition ® Product ® Create or Change Product.
Notice Periods, Notice Lock Periods, and Minimum Deposit
In Customizing, you have maintained the Amount Notices feature and the corresponding field attributes by choosing Master Data ® Product Definition ® Product ® Create Product or Change Product. When you create or change the product, the system checks that the periods you have set up are correct. You need to specify notice lock periods and notice periods in a range from 000 to 366. If there is no notice lock period in the contract for a product, then you need to specify, for example, “0 months”. You need to specify a withdrawal period in a range from 001 to 366.
To define a minimum deposit for the partial and full amount notice, you need to maintain the settings in Customizing for BCA by choosing Master Data ® Product Definition ® Product ® Maintain Minimum Deposit.
Notice Reasons
You have created notice reasons in Customizing for BCA by choosing Account Management ® Notice Management ® Maintain Reasons for Notice. You can use the No Notice Period indicator to specify that the notice period is not considered for the special notice reasons while creating a notice.
Release
To use the release procedure for the creation, change, and deletion of amount notices, you have set up the principle of dual control in Customizing for BCA by choosing Master Data ® Account ® Dual Control ® Dual Control for Notice Management. You can set up dual control for any combination of the bank area, product, and notice category or the bank area and authorization group. You have also maintained the rejection reasons in Customizing for BCA by choosing Master Data ® Account ® Dual Control ® Maintain Rejection Reasons.
Customizing Transaction Types
You have set the Post Interest Penalty indicator for payment transaction types that lead to a utilization of the allowances by choosing Account Management ® Basic Functions in Account Management ® Maintain Transaction Types.
You have also set the Notice Lock Period indicator for transaction types that are to be transferred to the notice management when there is a credit memo. The notice management calculates how long this credit cannot be withdrawn as an amount that is relevant to the notice lock period.
When the amount notice is calculated, the system checks on the notice receipt date to see if there are any items affected by the notice lock. The amount of these items is deducted from the account balance, and cannot be withdrawn before the notice lock period is over unless the posting is forced.
Authorization Administration
To enable processing of partial and full amount notice, you need to create an authorization group for the amount notice (authorization group object NOTICE) in Customizing for BCA by choosing Authorization Management ® Maintain Authorization Groups. Further, set up amount-dependent authorizations by choosing Authorization Management ® Amount-Dependent Authorizations ® Maintain Amount Limit for Notice. The system checks these entries with the authorization object F_NTC_GRP. The authorization object F_NTC_GRP has been entered with each activity and corresponding authorization group in the user master to enable you to process partial and full amount notice by amount (including zero). The authorization object F_NTC_ACT is also available with the required activity for the bank area in the user master (see also Authorization Management).
Account Status
You can process an amount notice only if the account has the Active status and the extended status as Active.
Procedure
Group Box Allowances
This group box displays the rules for the special interest allowance amounts and the allowance amounts. You can define defaults for these allowances in the product. The product attribute settings or the BDT settings determine whether the account rules are allowed to be changed.
These rules specify the period of time during which the customer can withdraw the allowances without incurring an interest penalty.
The withdrawal period for the special interest allowance amounts starts when the interest is posted and ends on the date specified by the withdrawal period.
The specified allowance amounts are available during a certain period.
Depending on the product or BDT settings, you can change the withdrawal periods for the allowances and the displayed allowance amount (in account currency).
If a special interest allowance amount or the allowance amount has already been utilized for the current period, a change to the corresponding rule takes effect only in the next period.
Group Box Periods and Minimum Deposit
This group box displays the notice lock period, notice period, withdrawal period, and the minimum deposit.
The notice lock period, notice period, and the withdrawal period are specified by the product.
Notice periods describe the relationship between the notice receipt date and the notice date (withdrawal period start).
You can set up the minimum deposit in Customizing for BCA, by choosing Master Data ® Product Definition ® Product ® Maintain Minimum Deposit. Depending on the product or BDT settings, you can change the minimum deposit. If you change the minimum deposit, you need to save the change on the account before you can do anything else in the Available Amounts group box.
Group Box Available Amounts
This group box displays the available amounts that do not incur interest penalty. These come from allowance amounts and special interest allowance amounts that have been specified periodically as well as from amount notices. You can create, change, display, delete, and release amount notice as partial amount notice and full amount notice (Create Partial Amount Notice, Create Full Amount Notice without Account Closure, Create Full Amount Notice with Account Closure, Release Notice).
In this group box, you can create an additional forward order for a partial amount notice, and a full amount notice without account closure. If necessary, you can also change it. If necessary, you can also change it. This enables you to create a relationship between the amount notice and the forward order.
The notice receipt date, not the entry date, is important for the start of the notice period. The notice date is the date on which the customer can withdraw the notice amount without incurring the interest penalty. The notice date, therefore, must be on or after the date of the notice receipt plus the agreed notice period.
You can enter settings in Customizing for special notice reasons so that a notice period is ignored. In addition, you can choose to suppress the notice period when you create or change an amount notice. In this situation, the notice date is unrestricted, meaning that notice can be given on any day, and not just at the end of the notice period.
The following functions are provided (buttons) for the calculation of the Withdrawal Period Start and Withdrawal Period End:
· If you have entered the notice receipt date, you can choose Calculate Withdrawal Period Start/End to calculate the withdrawal period start or end according to the notice reason, notice period, withdrawal period, and notice receipt date.
· If you have entered the Withdrawal Period Start, you can choose the Calculate Withdrawal Period End button to calculate the withdrawal period end.
· If you have entered the Withdrawal Period End, you can use the Calculate Withdrawal Period Start button to calculate the withdrawal period start. If a withdrawal period start has already been entered, it is overwritten when you choose Calculate Withdrawal Period Start.
If there are returns for a partial amount or full amount notice, you can reset the utilized allowance balances of a partial or full amount notice (Process Allowance Balances).
Group Box Interest Penalty
This group box displays the type of interest penalty debit and the method of interest penalty posting.
When you create the account, the values defined in the product are displayed. Depending on the settings in the product, you can also change these values when you create the account. The method for posting interest penalty is relevant only you set the type of interest penalty debit as Debit at Balancing.
Change Notice
You can change notices with the following statuses:
|
Notice Status |
Release Status |
|
Active |
Dual control off |
|
Active |
Released |
|
Active |
Rejected |
You can no longer change a full amount notice with closure. Nor can you change notices that have already been utilized, whether partially or fully.
To change a notice, proceed as follows:
...
1. Select the notice to be changed in the Available Amounts group box.
2. Choose Edit ® Change Notice.
The system displays the Bank Customer Accounts: Change Notice screen.
You can change all the fields that are ready for input at the time of creation.
3. Change the data as required.
You can use all the functions that were available when you created the data.
4. Save your entries.
The system checks your entries as it did when you created the notice. You can force all changes if you have adequate authorization.
The system displays the Change Bank Accounts: Amount Notices screen again.
Display Notice
...
1. Select the notice to be changed in the Available Amounts group box.
2. Choose Edit ® Display Notice.
The system displays the Bank Customer Accounts: Display Notice screen.
The Amount Notice group box also displays the Release Status and Rejection Reason fields.
3. Choose Back.
The system displays the Change Bank Accounts: Amount Notices screen again.
Delete Notice
...
You can delete notices with the following statuses:
|
Notice Status |
Release Status |
|
Active |
Dual control off |
|
Active |
Released |
|
Active |
Rejected |
...
1. Select the notice to be deleted in the Available Amounts group box.
2. Choose Edit ® Delete Notice.
The system displays a dialog box that queries whether the notice selected for deletion is to be deleted, and a note that the data is saved only once you make the change on the account.
3. Confirm by choosing Yes. The system changes the notice status to Deleted.
The system displays the Change Bank Accounts: Amount Notices screen again.
Release Process
The deleted notice is flagged for release if you activated the principle of dual control in the Customizing for BCA by choosing Master Data ® Account ® Dual Control ® Dual Control for Notice Management. The forward order that is dependent on the deleted notice is also flagged for release with the status Deleted Control - Dual Control.
The status of the deleted notice and the dependent forward order subsequently changes based on whether you release or reject the deleted notice. The following table illustrates the status change for the deleted notice and the dependent forward order:
Release Status |
Status of Deleted Notice |
Status of Forward Order |
Released |
Deleted |
Deleted |
Rejected |
Active |
Planned |
Result
The available amount for the notice is set to zero when you delete a notice and release it.
Display Change History for a Notice
...
1. Select the notice in the Available Amounts group box.
2. Choose the Change History button.
The system displays the Change Documents for Object Class BKKNTC screen, which lists all the change documents that were recorded for this notice.
3. Choose Back.
The system displays the Change Bank Accounts: Amount Notices screen again.