2.2.1 Funding

This topic provides the systematic instruction to view the details captured for the Funding in the Account Funding stage.

In the Application Entry stage, we capture the Funding details and display them in the Funding Details data segment.The Transaction Reference Number and the Transaction Status is either auto-populated or has to be manually captured based on the configuration.With Cash Mode, Funding can be done automatically for cash transactions. Manual processes are available for Transfer by Account, Other Bank Cheque, and Cash Mode for funding, but not for Funding with Cash Mode.

Note:

For more details on the Modes and the Manual/Automatic Process configuration, refer to the Configurations Guide.

During the Application Entry stage, the initial funding transaction triggers a teller transaction reference number and its status.

  1. When you acquire the Account Funding task, the Funding Details stage is displayed to you.
  2. Specify the fields on Funding screen.

    Note:

    The fields, which mentioned as Required, are mandatory.
    For more information on fields, refer to the field description table.

    Table 2-14 Funding - Field Description

    Field Description
    Fund By Displays the Fund by option selected in the Account Details data segment in Application Entry stage.
    Funding Amount At the Application Entry stage, the Account Details data segment updates the amount of initial funding displayed.
    Value Date At the Application Entry stage, the Account Details data segment displays the value date of the initial funding update.
    Account

    Displays the account number.

    This field appears if the GL Account or Account Transfer option selected as the funding by mode.

    Account Name Displays the account name.

    This field displays only if Account Transfer is selected as the funding by mode.

    Cheque Number Displays the cheque number.

    This field displays if Account Transfer or Other Bank Cheque is selected as the funding mode.

    During the funding details capture in the Account Details data segment, the cheque number is displayed for Account Transfer.

    Cheque Date Displays the cheque date.

    This field displays if Account Transfer or Other Bank Cheque is selected as the funding by mode. During the funding details capture in the Account Details data segment, the cheque date is displayed for Account Transfer.

    Transaction Reference Number In the Teller Application, you are required to enter the transaction reference number for the funding transaction to be posted.

    The Teller module's Application Entry stage triggers the initial funding transaction in the Automated processing of the Cash funding mode, and the system displays the transaction reference number for this transaction.
    Transaction Status Select the transaction status for the transaction posted for initial funding.
    The available status are:
    • In progress
    • Pending
    • Sucess

    For Automated processing of the Cash funding mode, system displays the status of the teller transaction.

    Note : The Account Funding stage should result in a 'Success' status for the teller transaction.

  3. Click Next to navigate to the next data segment, after successfully capturing the data. The user is required to provide all mandatory data segments and data fields for the system to validate. If any mandatory details are missing, the system displays an error message for the user to correct the information. Users must capture the mandatory data before they can proceed to the next data segment.

Parent topic: Account Funding Stage