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Procedure documentationEditing Contract Relationships for Facilities

 

On the Contract Relationships tab page, you can represent a hierarchy structure for a facility. You either assign accounts to the main master contract (top node) directly, or you assign master contracts, and then assign accounts beneath.

Prerequisites

  • In Master Contract Management (FS-MCM), you have created the participating master contracts that you want to assign.

  • In the account-managing system, you have created the participating accounts that you want to assign to master contracts.

Note Note

Checking, savings, and loan accounts are allowed as participating accounts.

End of the note.

Note Note

Note the general prerequisites for master contracts under Editing Contract Relationships and the restrictions for time-dependent editing of contract relationships.

For more information, see the documentation about the contract elementFacility: Participant (REFY).

End of the note.

Procedure

For more information about processing participant contracts, see Editing Participants.

Adding Participants

You chose Add Participant (Add Participant) and are on the dialog box Change Master Contract: Selection.

Assigning Master Contract

  1. In the Participant Type group box, choose contract category Master Contract.

  2. Activate the Facilities application.

    Note Note

    If the corresponding application has been activated in the master contract product of the main master contract, you can assign all or individual facility participants to additional applications. It may be useful, for example, to assign facility participants to the Compensation application.

    End of the note.

  3. Choose Continue. The system displays the Create Master Contract: Participant Contract dialog box.

  4. In the Participants - Master Contract group box, enter the master contract number.

  5. Choose Continue.

  6. The system adds the master contract as a participant.

Assigning Accounts

  1. In the Participant Type group box, choose contract category Account.

  2. You can choose an identification key if required.

    Note Note

    If you do not choose an identification key, identify the participating account in the next step by entering the external account identification. This depends on the settings in Customizing for Account Management under Define External Account Identification and the settings in the corresponding account product. Specify the required data in the Bank Key, Bank Country, and Account Number or IBAN and/or Account Differentiation Characteristic, and Account Currency fields.

    If you choose an identification key, identify the participating account in the next step by entering a character string of up to 80 characters in the Identification field. The identification key that you choose determines what this character string contains. You can display the identification key and the identification of an account managed in Account Management on the Basic Data tab page.

    End of the note.

  3. You can choose an account category if required.

    Note Note

    You can assign checking accounts and loans.

    End of the note.

  4. Activate the Facilities application.

  5. Choose Continue.

    The system displays the Create Master Contract: Participant Contract dialog box.

  6. If you did not choose an identification key in the second step, specify the external account identification on the Participating Account tab page.

    If you have selected an identification key, specify the identification of the account in the account-managing sytsem in the Participating Contract group box.

    Example Example

    When you made the addition, you selected the identification key:

    In the Identification field, enter the following identification:

    End of the example.

  7. Choose Continue.

  8. The system adds the account as a participant.