Editing Contract Relationships for Interest Compensation 

Use

On the Contract Relationships tab page, you can specify the structure of a master contract for interest compensation by adding participants to a master contract.

For examples of the structure of a master contract hierarchy, see Example of an Account Hierarchy.

Prerequisites

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

·        The master contract and all participant accounts must currently be assigned to the same bank posting area, as set in the contract-managing organizational unit.

·        A participant account is not allowed to be assigned simultaneously to another master contract with the interest compensation feature.

·        The master contract and its participant accounts must have the same settlement time periods.

·        The master contract must have the same currency as the participant accounts, regardless of the settings made for the currency in the product definition.

·        A participant account may not be assigned as settlement payment details in any contract except the master contract in which it is participating.

·        Accounts that have already participated in an account settlement may only be added or removed one day after the previous or a future account settlement.

For more information, see Technical Documentation in the documentation for the contract element Contract Relationships (RECN).

Procedure

The master contract that you created is shown as the main contract in the account hierarchy.

Adding Participants

...

       1.      Choose Add Participant.

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

       2.      Enter the data for identifying the participant account.

       3.      Choose Continue and save your entries.

Removing Participants

Select the participant and choose Remove Participants.

Displaying Participants

Select the participant and choose Display Participants.

You reach the Display Account: Basic Data screen. For more information, see Displaying Accounts.

Changing Participants

Select the participant and choose Change Participants.

You reach the Change Account: Basic Data screen. For more information, see Changing Accounts.

Changing Participant Attributes

Select the participant and choose Attributes.

The system displays the Change Master Contract: Participant Contract screen. Enter the account identification of the participant account.

Shifting Participants

You can use Drag&Drop to shift participants in the master contract within the account hierarchy.