Standing order execution

Support ›› Manual ›› Accounts Management ›› Operations ›› Recurring Procedures ››

Standing Order Execution.

Use this sub-module to process customer account standing orders.

To access this window, click :Accounts Module - > Operations - > Recurring procedures- > Standing order execution.

The following screen will open up :

Standing Order Execution Fig 1.

Standing Orders Execution :

On the above screen :

Posting Period - Select the correct posting period by clicking on the posting period look up icon and picking the correct one.

Month - Select the appropriate month for which the standing order is to be executed from the drop down menu :

Standing Order Execution Fig 2.

Priority - Select the relevant recovery priority from the drop down menu :

Standing Order Execution Fig 3.

Execution Filter - Select the appropriate execution filter from the drop down menu :

Standing Order Execution Fig 4.

NOTE: Depending on the selected execution filter - either employer, customer or credit type - the first tab (circled in red below) will always display the specific one selected.

Standing Order Execution Fig 6.

Select the customers whose standing orders are to be executed by checking against the respective one.

Use the toggle selection flag

if all listed customers are to be affected by the standing order execution action.

Select the applicable product to be affected by the standing order execution for every financial product category :

i) Loan Products :

Standing Order Execution Fig 7.

ii) Savings Products :

Standing Order Execution Fig 8.

iii) Investment Products :

Standing Order Execution Fig 9.

iv) Standing Order Trigger - :

Standing Order Execution Fig 10.

Click on the update button to effect the standing orders execution.

On successful completion you will get a pop up message confirming that the operation was successful.

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