Article Details
Id:14605
Product:finPOWER Connect
Type:FIX
Version:3.00.06
Opened:30/05/2017
Closed:30/05/2017
Released:29/06/2017
Job: J019095

Process Payment Arrangement Promises script; enhanced Expected Overdue adjustments

The sample Process Payment Arrangement Promises script has been enhanced as follows:

1. Constants updated to use script code standards.
2. Dates updated to use new Time Zone functions.
3. Added IncludeDefaultInterestFeesInOverdueAdjustment and IncludeManualTransactionsInOverdueAdjustment constants.

The new constants have been added to enhance the expected Overdue value.

Promises work by looking at the actual Overdue Balance of the Account compared to what is expected, and based upon this the Promise will be passed or failed. However, Transactions processed after the Payment Arrangement and how they affect the Overdue Balance was made cannot be anticipated, and therefore how these Transactions are handled can affect the pass/ failure of each Promise.

There is now a constant "IncludeDefaultInterestFeesInOverdueAdjustment" to determine whether Default Interest and Default Fee transactions are adjusted.

In addition, a new constant "IncludeManualTransactionsInOverdueAdjustment" determines whether manually added Transactions adjust the Overdue.

The following sample Script has been updated:

"Script_AccountProcesses_PaymentArrangementPromises.xml" has been updated to version 2.04 on 30/05/2017.