Create PDCs Permission

Use the Create PDCs permission to specify whether users can create post-dated check terms for an account.

Location

In the Latitude Permissions and Policies Editor window, expand the PDCs folder and then click Create PDCs.

Scope

This permission is available for all scopes.

Policy

This policy allows your organization to specify the business rules to enforce when a user adds post-dated payments. Enable the permission for a scope and then specify the settings.

Note: If using the Override Rules option, the system applies the supervisor's rules for the current promise instead of the current user's rules. This override does not mean that the system applies no rules, but rather the supervisor's rules are in effect. 

• User is not required to observe customer business rules: If selected, post-date settings applied to a user, role, or desk scope take precedence over settings applied for a customer or customer group scope (system doesn't enforce customer policies).

The following settings apply for the first PDC item in a series:

• Minimum Check Amount and Minimum Balance Percent: Minimum amount for the post-date. Express this value as a specific monetary amount or as a percentage of the current balance of the account. The system requires the higher of the two values for the first item. If the current balance of the account is less than this amount, the current payment equals the balance.

• Maximum Days to Deposit: Number of days into the future that a user can post-date the first payment.

• Maximum Checks: Maximum number of payments by check (up to 250) that a user can include in the series.

Note: If you are upgrading to Latitude 10.0 SU 8, ensure that this value is greater than 0 (zero) or you cannot create a payment arrangement.

• Minimum Subsequent Check Amount: Minimum amount for subsequent payments. Express this value as a specific monetary amount. If the current balance of the account minus the value of the other items is less than this amount, the payment is equal to the minimum amount.

• Maximum Days between Checks: Maximum number of days between payments in the series.

• Maximum Days to Last Check: Maximum number of days into the future from the current date that a user can create the last payment in the series.

• Minimum Arrangement Amount: Minimum total amount of all post-dated checks included in a single arrangement. If the arrangement a user is adding results in a paid in full or settled in full account, this setting does not apply.

• Allow user to enter settlement arrangement for less than the customer blanket settlement: If selected, the system doesn't require a user to meet blanket settlement percentage requirements (indicated in Customer Properties – Fees tab) when creating a settlement promise amount.

• Payment Methods: Post-dated payment types available for selection for the specified scope.