1. Loan Collection User Guide
  2. Customer Service
  3. Customer Service screen’s Account Details tab
  4. Trade Details sub tab
  5. Revenue Recognition Processing Batch Jobs

4.6.9.1 Revenue Recognition Processing Batch Jobs

Following are the Revenue Recognition processing batch jobs:

Note that, both the batch jobs picks-up all the accounts only with ACTIVE status, the Trade Equity greater than zero and Master Account indicator set as N.
  • DAILY REVENUE RECOGNITION PROCESSING (SET-REV1 Batch Job Set)

    This batch job is processed daily and is used to validate if Account Revenue Recognition Equity is greater than or equal to Target Revenue Recognition Equity. If yes, the Current Qualification Indicator is set to Y. However, the above validation is ignored and Current Qualification Indicator is always set to N if the account is having any condition listed in the lookup code REVREC QUALIFIER EXCLUSION ACCOUNT CONDITION.

  • MONTH END REVENUE RECOGNITION PROCESSING (SET-REV2 Batch Job Set)

    This batch job is processed monthly and is used to validate the status of Account Revenue Recognition Qualifier indicator and update the following fields as indicated in below table.

    • Account Revenue Recognition Qualifier Month End indicator (after month end processing)
    • Account Revenue Recognition Qualifier Date
    • Last Account Revenue Recognition Qualifier Date

      Table 4-53 Revenue Recognition Processing Batch Jobs

      Date of Processing Account Revenue Recognition Qualifier indicator Account Revenue Recognition Qualifier Month End indicator (after month end processing) Account Revenue Recognition Qualifier Date Last Account Revenue Recognition Qualifier Date
      01-Jan-19 N N - -
      15-Jan-19 Y N - -
      31-Jan-19 Y Y 31-Jan-19 -
      01-Feb-19 N Y 31-Jan-19 -
      28-Feb-19 N N - 31-Jan-19
      01-Mar-19 Y N - 31-Jan-19
      31-Mar-19 Y Y 31-Mar-19 -
      01-Apr-19 Y Y 31-Mar-19 -
      30-Apr-19 Y Y 31-Mar-19 -
      01-May-19 N Y 31-Mar-19 -
      15-May-19 Y Y 31-Mar-19 -
      31-May-19 Y Y 31-Mar-19 -
  1. In the Equity Transfer Details section, view the following details:

    Table 4-54 Equity Transfer Details

    In this field View
    From Account # Existing (old) account number or Source account number.
    To Account # New account number or Target account number.
    Equity Transferred Value of Equity transferred to new account as part to trade.
    Trade Type

    Type of Trade transaction processed as one of the following:

    UPGRADE

    SPLIT

    COMBINE

    For more details on Trade Type, refer to Trade Transaction section.

    Status

    Status of Trade transaction processed as one of the following:

    OPEN

    COMPLETED

    FAILED
  2. Click Refresh Refresh to update the latest details on screen.

Parent topic: Trade Details sub tab