Generate Payment Schedule

This activity allows you to generate payment schedules for unique numbers in assigned status. Once the entire amount has been received for a schedule, system changes its status to “Closed” and no modification to the due amount is allowed. You can also modify the due date/amount for schedules as long as the component-wise total remains unaltered.

Select the “Generate Payment Schedule” activity under the “Customer Property Relations” business component.

The “Generate Payment Schedule” page appears.

- Clicking this icon available near certain fields takes you to the help page of the respective field.

Enter the following in the “Customer Property Mapping Details” group box:

Unique No	The number which identifies the relation – customer combination which is unique for a scheme and for which the payment schedule is to be generated.
	Press <Enter> key.
	The UOM combo is loaded with values based on the Unique No.

The system displays the following in the “Customer Property Mapping Details” group box:

Scheme Code	The code identifying the scheme which is related to the customer.
Scheme Name	The name of the scheme.
Pay Plan Type	The pay plan type of the customer.
Customer Code	The code identifying the customer to whom the property is mapped.
Customer Name	The name of the customer.
Booking Date	The date on which the property was booked.
Amount	The amount that has to be paid by the customer.
Area	The area of the property.
Plot Area	The plot area of the property.

Enter the following in the “Customer Property Mapping Details” group box:

UOM	Use the drop-down list box to specify the unit of measurement of area.
Fetch Rebate(Plan)	Select the check box to fetch the planned rebates of the customer.
Fetch Non Plan entries	Select the check box to fetch the non plan entries of the customer.

Click the “Generate” button to retrieve the payment schedule of the customer as per the pay plan.

The system displays the following in the “Payment Schedule Details” multiline:

Installment No	The number identifying the installment.
Original Due Date	The original due date for the payment of installment.
Description	The concatenated component code and component description.
Due Amount	The due amount.
Interest	The interest amount in case of delayed payment.
Status	The status of the payment schedule.

Enter the following in the “Payment Schedule Details” multiline:

Revised Due Date	The revised due date for the payment of installment.
Revised Due Amount	The revised due amount.

Note: The sum of the Original Due Amount and sum of the Revised Due Amount should be equal for a Component Code.

The system displays the following in the “Component Wise Total” multiline:

Component Code	The code identifying the component.
Component Description	The description of the component.
Payplan Code	The code identifying the pay plan.
Total Amount Paid	The total amount paid against the component.
Amount Remaining	The remaining amount that has to be paid for the component.

Note: The sum of the rows of Total Amount Paid and Amount Remaining should be equal to the Amount in the header.

Click the “Generate Schedule” button to generate the payment schedule for the customer.
Click the “Reverse” button to reverse the payment schedule.

At least one row should be selected in the multiline for incorporation. Revision of payment schedule can be done only when the Revised Due Date is earlier than the system date.