1. Procedures User Guide
  2. Common Operations
  3. Product Group ID
  4. Amending an Existing Product

4.1.10 Amending an Existing Product

Certain attributes of an authorized product can be changed depending on whether a contract has been input for the product:

  • If no contracts have been input for the product, you can amend the inputs to any of the fields.
  • If contracts have been input for the product (even if all of them have been liquidated) you can amend only those attributes that do not affect the financial information of a contract.
The changed attributes will be applied to all contracts that are entered or rolled over after the amendment is authorized.

To Amend a Product:

  • Click unlock icon in the Application tool bar.
The latest version of the product will be displayed and you can make the changes to the inputs.

Save the changes by:

  • Clicking on save icon in the Application tool bar.
All the validations that were done when you created the product will be carried out again by the system and error messages and override messages will be displayed. The modification will be displayed in the ‘Modification No.’ field of the audit trail.

Note:

If automatic authorization has been enabled for the product definition function, as well as the logged in branch, profile of the user who is amending the record, and the user also has rights for both input and authorize operations, the record will be automatically authorized when the Save operation is performed.

After the amendment is stored, your User-ID will be displayed at the Input By field. The date and time at which you saved the product will be displayed at the Date/Time field. The Status of the product will be shown as unauthorized. The changes to the product have to be authorized before you enter a contract for it. The version of the product with all the changes you made in this session will be the latest version.

If you click delete icon in any of the screens, you will see a message that will prompt you to confirm whether the changes have to be saved. You can choose to do one of the following:
  • Save the changes by clicking ‘Yes’ button in the message
  • Not save the changes by clicking ‘No’ button in the message
  • Click ‘Cancel’ to get back to the screen from where you selected ‘Unlock’.

Parent topic: Product Group ID