cbtt loan management setup document

Oracle Applications Support Services

Satyam Computer Services Limited

Enterprise Applications Group,

Satyam Cyberspace, Survey No 12P, Kondapur Village,

Serlingampally Mandal, Hyderabad, Andhra Pradesh, India.

CBTT Loan Management Setup Document

CBTT Loan Management Setup Document Page ii of 16

CBTT LOAN MANAGEMENT SETUP DOCUMENT

Author: Kshitiz Singh Creation Date: January 30 2007 Last Updated: May 27, 2013 Version: 1.0

Approvals:

Name Signature Date

Marie Borely

Marilyn Mora-Francis

Heather Alexis-Huggins

Randyll Pandohie

Pavan Mahankali


CBTT Loan Management Setup Document Page iii of 16

Document Control

Change Record

Date Author Version

Change Reference

31-Jan-2007 Kshitiz Singh 1.0

Reviewers

Name Position

Marie Borely Financial Controller

Marilyn Mora-Francis Payroll Officer

Heather Alexis-Huggins Project Manager

Randyll Pandohie Technical User

Pavan Mahankali Project Leader

Application Implementation Method


CBTT Loan Managementl Setup Document

ACCEPTANCE CERTIFICATE

Client: XXXX

Project: CBTT Oracle Applications Support Services

Initiated by: Date:

Deliverable Reference: Type: Proposal Plan Specification Form Manual Other ______________________

Deliverable Description:

The above deliverable has been reviewed by and fully meets the objectives expressed by CBTT and Satyam and passes the acceptance criteria specified by

Signed for XXXX Date

__________________________________________ _________________

__________________________________________ _________________

Signed for Satyam Date

__________________________________________ _________________



Contents

1) Linking Loan Elements to Loan Types ................................................................................. 6 2) Setting up Mortgage Loans .................................................................................................. 9



1) Linking Loan Elements to Loan Types To link the Loan Element to the Loan types User Defined Table “CBTT_LOAN_ELEMENTS” was set up.

a) Create a User Defined Table “CBTT_LOAN_ELEMENTS” with match type as “Match”. The effective date should set to ’01-JAN-1951’

b) Define all the “Loan Types” as Rows to the User Defined Table



c) Create columns as “Interest” and “Principle”

d) Enter the Principle Elements with the respective Loan Types in the column Principle

e) Enter the Respective Interest Element with respective Loan Type in column ‘Interest’



2) Setting up Mortgage Loans

a) To setup Mortgage Loan first create the Principle Element of Primary Classification as “Voluntary Deductions” and effective date as 01-JAN-1951. The element should be recurring. Assign a skip rule to the element “SL_PRINCIPAL SKIP”.

b) Create following Input values

Sequence Input Value Name Units

1 Factor Number

2 NewOwed Number

3 OrgLoanAmt Number

4 OrgStartDt Date

5 DtToEnd Date

6 EIR Number

7 CIR Number

8 Installment Money

9 Pay Value Money



c) Create Employee Interest Non Recurring Element of type “Voluntary Deductions”



d) Create input value as Pay Value.

e) Create Bank Interest element for the Loan with classification as “Employer Charges”.



f) Create Input Values as “Pay Value”

g) Create relevant link of all the elements created in the previous steps.

h) Create a fast formula for the Principle element.



The formula for Construction Mortgage Loans is given below /******************************************************************** FORMULA NAME: CB_BD_MTG_CONSTRUCTION_PRIN DESCRIPTION: This formula calculates monthly installement and principle for the Mortgage Loan. Modifications Date Author Version Description ------- ----------- ------- ------------- 02-FEB-07 Kshitiz Singh 1.0 Created **********************************************************************/ INPUTS ARE NewOwed, OrgLoanAmt, Factor, EIR, CIR, Installment /* Local Variable */ DEFAULT FOR L_Installment is 0 DEFAULT FOR L_Principle is 0 DEFAULT FOR L_Emp_Interest is 0 DEFAULT FOR L_Bank_Interest is 0 DEFAULT FOR L_Element_Start_date is '01-jan-1951' (date) DEFAULT FOR L_Initial_Blance is 0 DEFAULT FOR L_Pay_Value is 0 DEFAULT FOR L_Stop is 'No' DEFAULT FOR L_Current_balance is 0 DEFAULT FOR L_First_Run is 'N' /* Data Base Items */ DEFAULT FOR PAY_PROC_PERIOD_START_DATE is '01-jan-1951' (date) DEFAULT FOR PAY_PROC_PERIOD_END_DATE is '31-dec-4712' (date) L_Current_balance = NewOwed L_Installment = Installment L_Emp_Interest = TRUNC((L_Current_balance * (EIR/100))/12,2) L_Principle = L_Installment - L_Emp_Interest L_Bank_Interest = TRUNC((L_Current_balance * (CIR/100))/12,2) /* Checking if the period is the last period*/ IF (L_Principle >= L_Current_balance ) THEN ( L_Pay_value = L_Current_balance L_Stop = 'Yes' ) ELSE



( L_Pay_value = L_Principle ) L_Current_balance = L_Current_balance - L_Pay_value RETURN L_Pay_value,L_Stop,L_Emp_Interest,L_Bank_Interest,L_Current_balance i) Attach Formula results to the element.

The formula results should be as given below

Name Type Element Input Value

L_BANK_INTEREST Indirect result CB_BD_MTG_CONSTRUCTION_CI Pay Value

L_CURRENT_BALANCE Update recurring entry CB_BD_MTG_CONSTRUCTION_PRIN NewOwed

L_EMP_INTEREST Indirect result CB_BD_MTG_CONSTRUCTION_EI Pay Value

L_PAY_VALUE Direct result CB_BD_MTG_CONSTRUCTION_PRIN Pay Value

L_STOP Stop CB_BD_MTG_CONSTRUCTION_PRIN

j) Now the principle element can be attached to the employee to start processing loans.

cbtt loan management setup document

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