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 Versio
n
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 Page 4
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.


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