- Contents
Liquid Latitude Help
Create Scheduled Payments Permission
Use the Create Scheduled Payments permission to specify the settings for scheduling payments on an account. For more information, see Arrangements.
Location
In the Navigation pane, click Applications > Liquid Latitude > Account Data > Scheduled Payments > Create Scheduled Payments.
Scope
This permission is available for the following scopes:
-
System
-
Role
-
User
-
Branch
Policy
The policy allows your organization to specify the settings for scheduling payments on an account. Enable the permission for a scope and then specify the settings.
Minimum Payment Amount: Minimum amount required for a payment where no future scheduled payments exist, or the first payment in the arrangement.
Maximum Days to Payment: Maximum number of days into the future that you can post-date the payment or first payment in the arrangement.
Minimum Balance to Create an Arrangement: Minimum account balance required to create a payment arrangement.
Basis for Minimum Balance: Amount that represents the minimum balance.
Allow Mixing of Payment Types for an Arrangement: If selected, the user can include more than one payment type in a payment arrangement.
Allow Overpayments for Ad Hoc Payments: If selected, the user can schedule a payment when the payment is more than the current balance less the sum of the existing scheduled payments.
Accrue Interest: If selected, arrangements accrue interest.
Utilizing the existing policy to check if the interest is accrue or deferral
- If the policy is disabled, system is calculating the deferral interest value and updating in a master table.
- If the policy is enabled, system is calculating accrued interest and updating in a master table.
Settlements Not Allowed: If selected, users cannot create SIF arrangements.
Maximum Total Number of Scheduled Payments (0 = unlimited): Maximum number of payments that the payment arrangement can include. If you specify zero (0), no limitation applies.
Minimum Subsequent Payment Amount: Minimum amount required for all payments that follow the first payment in the arrangement.
Minimum Days Between Payments (0 = disable): Minimum number of days required between payments in the payment arrangement. If you specify zero (0), no limitation applies.
Maximum Days Between Payments (0 = disable): Maximum number of days required between payments in the payment arrangement. If you specify zero (0), no limitation applies.
Maximum Days to Last Payment (0 = disable): Maximum number of days into the future from the current date that the user can create the last payment in the payment arrangement.
Maximum Balance Not to Exceed: Maximum amount the account balance cannot exceed.
Accepted Payment Types: If you select a payment type, it's available when users create or reschedule scheduled payments.
Accepted Credit Cards: If you select a credit card type, it's available when users create or reschedule scheduled payments.
Filter Payment Frequencies: If selected, only the frequencies selected in the Acceptable Payment Frequencies list box are available when users create or reschedule scheduled payments. If cleared, all payment frequencies are available when users create or reschedule scheduled payments, regardless of what you have selected in the Acceptable Payment Frequencies list box.
Acceptable Payment Frequencies: If you select a payment frequency and select the Filter Payment Frequencies check box, the payment frequency is available when users create or reschedule scheduled payments. If you select a payment frequency and clear the Filter Payment Frequencies check box, all payment frequencies are available when users create or reschedule scheduled payments.
Select None: Clears all selected items in the list.
Select All: Selects all items in the list.
Tip: To select multiple sequential payment or credit card types, press and hold the Shift key and then click the first and last sequential payment or credit card type. To select multiple non-sequential payment or credit card types, press and hold the Ctrl key and then click each individual payment or credit card type.