Postprocessing and Error Handling

You can use this process to ensure that a fixed-term deposit account goes through each stage of its life cycle successfully.

Process

You create the account. If you save the account before you define any term agreement data, the term agreement receives status 11 (Zero Account). When you add the term agreement data, the term agreement receives status 01 (Created).
You can collect the contract amount either manually or by using the collection report. If you collect the contract amount manually, and have set the product attribute Term Start for Each Value Date-Based Account Balance, and if the collection amount is equal to or greater than the contract amount, then the term agreement receives status 22 (Fixed Based on Posting Date).
If you use the collection report to collect the contract amount, the collection report selects term agreements whose statuses are 01, 66, 75, 99, or 05.
If collection is unsuccessful, the term agreement goes into postprocessing and receives status 75 (In Postprocessing due to Collection). If the collection is successful, the term agreement receives the status 01 (Created).
After successful collection, the account status is 01 (Created) and you run the fixing report. The fixing report selects term agreements whose statuses are 01, 75, 66, 05, or 22.
If fixing is unsuccessful, the term agreement goes into postprocessing and receives status 66 (In Postprocessing due to Fixing).
If fixing is successful, the term agreement receives status 02 (Fixed by Value Date)
After a term agreement is fixed, you can correct the term agreement from the account master by changing the amount or the term data. When you correct a term agreement, the status changes to 05 (In Correction Mode).
- If you change the contract amount, you need to run the collection and fixing reports again. If you increase the contract amount, the collection report collects the difference from the collection reference account. If you decrease the contract amount, the collection report pays the difference to the disbursement reference account.
- If you change the term data, you need to run the fixing report again.
After the term is completed, you run the calling report, which selects term agreements whose status is 02 or 77.
If you call the account and there are errors, it goes to postprocessing due to maturity and receives status 77 (In Postprocessing due to Calling). If calling is successful, the account receives status 04 (Called). Once calling is complete, the process begins again for rollovers.

This graphic is explained in the accompanying text.

Term Status Overview for a Single Term Agreement

Note Note

For simplicity, the figure above depicts only the report processing.

Statuses and their meanings

01 = Created
02 = Fixed by value date
04 = Called
05 = In correction mode
11 = Zero account
22 = Fixed based on posting date
66 = In postprocessing due to fixing
75 = In postprocessing due to collection
77 = In postprocessing due to calling
99 = To be rolled over

End of the note.

Reasons for Unsuccessful Processing and What to Do

Collection Process
Cause	Target Status	What to Do
The payment order was not posted	75 99	Check the application log for collection, correct the errors as specified there, and repeat the collection process.
The account still has payment items or payment orders that are in release or postprocessing.	75 99	Release or postprocess the payment items or payment orders, and repeat the collection process.
The account is locked by a mass process.	75 99	Wait until the account has been released by the mass process, and repeat the collection process.

Fixing Process
Cause	Target Status	What to Do
The payment order was not posted	66	Check the application log for fixing, correct the errors as specified there, and repeat the fixing process.
The account still has payment items or payment orders that are in release or postprocessing.	66	Release or postprocess the payment items or payment orders, and repeat the fixing process.
The account is locked by a mass process.	66	Wait until the account has been released by the mass process, and repeat the fixing process.
The account balance and contract amount do not match.	66	Correct the contract amount and repeat the fixing process.

Calling Process
Cause	Target Status	What to Do
The payment order was not posted	77	Check the application log for calling, correct the errors as specified there, and repeat the calling process.
The account still has payment items or payment orders that are in release or postprocessing.	77	Release or postprocess the payment items or payment orders, and repeat the calling process.
The account is locked by a mass process.	77	Wait until the account has been released by the mass process, and repeat the calling process.
There was an error during account balancing.	77	Check the application log for calling, correct the errors as specified there, and repeat the fixing and calling process.