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Procedure documentationEditing Contract Relationships for Compensation

 

On the Contract Relationships tab page, you can define the structure of the master contract for a combined settlement for the compensation process.

Prerequisites

  • In Master Contract Management 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

    Current (checking), deposit (savings), and loan accounts are allowed as participating accounts.

    End of the note.

  • If you use the Interest Distribution function, the value of the distribution category for the main master contract must be 5, Post Interest to Participants According to the BAdI: Interest Distribution Among Participants. In addition, in Customizing for Master Contract Management (FS-MCM) you must have chosen Start of the navigation path Master Contract Applications Next navigation step Combined Settlement Next navigation step Business Add-Ins Next navigation step General BAdIs End of the navigation path and implemented the Business Add-In BAdI: Interest Distribution Among Participants.

Note Note

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

For more information, see the documentation for the contract elements Combined Settlement and Compensation (Participants).

End of the note.

Procedure

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

Note Note

You can add as many participating accounts or other master contracts as participants to a master contract as you require.

End of the note.
Adding Participants

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

Assigning Master Contracts

  1. In the Participant Type group box, choose contract category 0003 (master contract).

  2. In the Activate Application group box, set the indicator for the Compensation application.

  3. Choose Continue.

    The system displays the Create Master Contract: Participant Contract screen.

  4. In the Participating Master Contract group box, enter the required 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 0001 (account).

  2. In the Activate Application group box, set the indicator for the Compensation application.

  3. Choose Continue.

    The system displays the Create Master Contract: Participant Contract screen.

  4. In the Participating Account group box, enter the data for the participating account.

  5. In the Relationship Attributes: Compensation group box, define the following values:

    • Condition Type Bundle

    • Distribution Share

    • Compensation Share

      Note Note

      For the distribution share and the compensation share, you can either enter the values directly or set the Standard Values indicator (StandVal. DistrShare or StandVal. CompShare). If you set the indicator, the system copies the standard values for the distribution share or the compensation share stored in the master contract on the Combined Settlement tab page.

      End of the note.

    • Credit interest share

      If you want the system to post a certain percentage of the credit interest result of a combined settlement to a participating account, enter an individual credit interest share between 0 and 100 % for each participating account.

    • Debit interest share

      If you want the system to post a certain percentage of the debit interest result of a combined settlement to a participating account, enter an individual debit interest share between 0 and 100 % for each participating account.

      Note Note

      The total of the credit interest shares and the total of the debit interest shares of all account participating in a master contract must be 100% or 0%.

      End of the note.

    • Participant role

      If you want the balances, counters, limits, and settlement results of a participating account to affect the combined settlement results and you want the account to receive a fixed, percentage share of the result, choose Provider and Receiver as participant role. An account can only participate in one master contract in the role of provider and receiver.

      If you do not want the account included in the combined settlement but still want it to receive a fixed percentage share of the result, choose Receiver Only as participant role. In the role of Receiver Only, an account can participate in any number of other master contracts as receiver, and in exactly one other master contract as provider and receiver.

  6. Choose Continue.

  7. The system adds the account as a participant.